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04/07/2021 Live Update

04/07/2021 Live Update

Postby Cobra » Wed Apr 07, 2021 8:43 am

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I see a consolidation range which usually means continuation so bias is up.

Gap down but within the yesterday's range so probably just a range day.
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Re: 04/07/2021 Live Update

Postby JFR » Wed Apr 07, 2021 9:09 am

SPY 15. Chop. Chop. Chop. Spikes. Direction changes. Lots of pushing and pulling by the bulls and the bears.


2021-04-07_06-07-03.png
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Re: 04/07/2021 Live Update

Postby BullBear52x » Wed Apr 07, 2021 9:39 am

Sell day, Honey hole special.
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Re: 04/07/2021 Live Update

Postby JFR » Wed Apr 07, 2021 9:40 am

SPY 1. The market wants to go up. But it is not easy going.


2021-04-07_06-39-16.png
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Re: 04/07/2021 Live Update

Postby BullBear52x » Wed Apr 07, 2021 9:42 am

Daily %B >1, out side of BB. it always come back inside the band. always......
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Re: 04/07/2021 Live Update

Postby JFR » Wed Apr 07, 2021 10:04 am

AAPL moving up. SPY moving down.
Last edited by JFR on Wed Apr 07, 2021 11:53 am, edited 1 time in total.
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Re: 04/07/2021 Live Update

Postby Cobra » Wed Apr 07, 2021 10:11 am


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Re: 04/07/2021 Live Update

Postby Al_Dente » Wed Apr 07, 2021 10:17 am

JPM's Jamie Dimon, in his annual shareholder letter, sees strong growth for the world’s biggest economy in the near term, thanks to the U.S. government’s response to the coronavirus pandemic that has left many consumers flush with savings.
While Dimon called stock market valuations “quite high,” he said a multiyear boom may justify current levels because markets are pricing in economic growth and excess savings that make their way into equities.
While he is bullish for the economy’s immediate future, he sees serious challenges for the U.S., thanks to political and societal dysfunction. [CNBC]
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Re: 04/07/2021 Live Update

Postby JFR » Wed Apr 07, 2021 10:22 am

SPY 1. Trying to move up. Taking a break ...


2021-04-07_07-23-11.png
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Re: 04/07/2021 Live Update

Postby JFR » Wed Apr 07, 2021 11:06 am

SPY 5. Choppy action. Spikes. Dojis with long shadows. Back later ...


2021-04-07_08-03-19.png
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Re: 04/07/2021 Live Update

Postby Trades w 2 Cats » Wed Apr 07, 2021 11:24 am

Selling off for euro zone close. Need more shorts to squeeze if this thing is going to make a new high .
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Re: 04/07/2021 Live Update

Postby BullBear52x » Wed Apr 07, 2021 11:35 am

Watch MACD histogram, the consolidation phase is starting if we have a bearish reversal candle today. the consolidation in time or in price remain to be seen.......
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Re: 04/07/2021 Live Update

Postby Al_Dente » Wed Apr 07, 2021 11:35 am

Bottom panel: Last week call buyers were wrong for a spell, they eased up on calls while the SPX was advancing (green box, red box), and they had to flip quickly … since then they are back to buying calls
And now it’s the INDU that lags
15 min

47calls.png.jpg
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Re: 04/07/2021 Live Update

Postby Trades w 2 Cats » Wed Apr 07, 2021 11:37 am

Last 24 hours market bounced on 4064 four times, and fell through once, before the US cash open this morning. Outside of my background to estimate what happens on the next touch. But this is a very important level.
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Re: 04/07/2021 Live Update

Postby Trades w 2 Cats » Wed Apr 07, 2021 11:51 am

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_04_07 (10_49_23 AM).png

Waiting to see if we get a similar pattern to the 8 AM bounce.
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Re: 04/07/2021 Live Update

Postby Al_Dente » Wed Apr 07, 2021 12:10 pm

Trades w 2 Cats wrote:Last 24 hours market bounced on 4064 four times, and fell through once, before the US cash open this morning. Outside of my background to estimate what happens on the next touch. But this is a very important level.

Boss: that level coincides with my "Sell/Stop Loss" level on the BEARISH THREE GAP UPS pattern that i posted this weekend (or monday?)
1012three gaps up.png.jpg
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Re: 04/07/2021 Live Update

Postby Cobra » Wed Apr 07, 2021 12:19 pm


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Re: 04/07/2021 Live Update

Postby Al_Dente » Wed Apr 07, 2021 12:27 pm

A view from the short side
SHORTS

47shorts.png.jpg
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Re: 04/07/2021 Live Update

Postby Al_Dente » Wed Apr 07, 2021 12:40 pm

Same scale, Q shorts
SHORTS

47Q SHORT.PNG.jpg
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Re: 04/07/2021 Live Update

Postby BullBear52x » Wed Apr 07, 2021 12:40 pm

Buy Lo sell Hi, the buy Lo can not fail here, if so it will be fast drop. I bet on it that it will :twisted:
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