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05/01/2019 Live Update

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Cobra
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05/01/2019 Live Update

Post by Cobra »

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the pullback overnight probably will be bought. don't forget roller coaster show at 2 pm today.
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Cobra
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Re: 05/01/2019 Live Update

Post by Cobra »


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BullBear52x
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Re: 05/01/2019 Live Update

Post by BullBear52x »

Put/Call ratio suggesting this rally will need a pull back, I am leaning bearish today.
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Re: 05/01/2019 Live Update

Post by BullBear52x »

sell first with tight stop
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Re: 05/01/2019 Live Update

Post by BullBear52x »

Key supports
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Re: 05/01/2019 Live Update

Post by Trades with cats »

FT71 showed on Bookmap how Apple earnings was a trigger for a massive stop run. Then it flat lined until Asia opened and they did what they always do.Euro zone trading brought it back down. Now we will see what happens with all short positions pretty much closed out.
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Re: 05/01/2019 Live Update

Post by K447 »

Trades with cats wrote:... until Asia opened ...
Note that some Asia exchanges are closed, such as China for three days, Japan, and a couple of others, IIRC
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Re: 05/01/2019 Live Update

Post by Trades with cats »

K4457, Thanks for that!
So the second spike up after Asia opened would have been unusually light volume.
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Cobra
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Re: 05/01/2019 Live Update

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Re: 05/01/2019 Live Update

Post by Cobra »

it's morning hourly filled black bar.
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BullBear52x
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Re: 05/01/2019 Live Update

Post by BullBear52x »

good start, morning bears can not lose today. half off the table, stop at 56. coffee time.
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Re: 05/01/2019 Live Update

Post by Trades with cats »

ES 06-19 (2000 Tick Volumetric) 2019_05_01 (8_01_19 AM).png
No buyers.
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Re: 05/01/2019 Live Update

Post by K447 »

Trades with cats wrote:...
... after Asia opened ...
I do not trade the overnight and after hours stuff, but you might want to monitor (keep track of) which exchange holidays are scheduled for which countries.
te_fern
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Re: 05/01/2019 Live Update

Post by te_fern »

Watching this trendline this morning for eventual support....
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BullBear52x
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Re: 05/01/2019 Live Update

Post by BullBear52x »

A trade lower than 47, where the short squeeze started yesterday, we will end back in yesterday's trading range, if so, I am expecting more weakness to continue, Fed or no Fed.
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Re: 05/01/2019 Live Update

Post by te_fern »

There is a small double bottom there which seems to be giving some support....
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ccash04
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Re: 05/01/2019 Live Update

Post by ccash04 »

How much buying power is really left? Think we need to consolidate or break lower to refresh.
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Re: 05/01/2019 Live Update

Post by ccash04 »

Yields diving now, longer end tightening up. 10-yr below 2.5%
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Re: 05/01/2019 Live Update

Post by te_fern »

Looking at at triangle now....
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BullBear52x
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Re: 05/01/2019 Live Update

Post by BullBear52x »

How yesterday's end which is a surprised to me, today started out the same will it copy yesterday's path. I will be very surprise.

wishful thinking.
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