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04/09/2021 Live Update

04/09/2021 Live Update

Postby Cobra » Fri Apr 09, 2021 8:31 am

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Several attempts of pullback already (red arrows), eventually there'll be one winner. Not sure whether it's this one though but the more attempts the better chances so the current one has better chances than all the previous ones.

Gap down within the range of yesterday so probably just a range day.
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Re: 04/09/2021 Live Update

Postby BullBear52x » Fri Apr 09, 2021 9:34 am

Sell day, honey hole play.
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Re: 04/09/2021 Live Update

Postby JFR » Fri Apr 09, 2021 9:58 am

SPY 15. Lots of churning, spikes, dojis. But no real progress up or down.


2021-04-09_06-56-10.png
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Re: 04/09/2021 Live Update

Postby JFR » Fri Apr 09, 2021 10:00 am

SPY 5 minute. Things seem somewhat calmer. Progress up being made.


2021-04-09_06-59-06.png
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Re: 04/09/2021 Live Update

Postby BullBear52x » Fri Apr 09, 2021 10:01 am

The market got lock in on forward gear only.
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Re: 04/09/2021 Live Update

Postby Cobra » Fri Apr 09, 2021 10:06 am


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Re: 04/09/2021 Live Update

Postby Trades w 2 Cats » Fri Apr 09, 2021 10:11 am

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Date: Wednesday, April 14, 2021
Time: 4:30pm ET
Duration: 45 mins

https://register.gotowebinar.com/regist ... d2e14a5ce2
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Re: 04/09/2021 Live Update

Postby BullBear52x » Fri Apr 09, 2021 10:11 am

Selling were failing right of the gate, bears will have to wait out for awhile now, it's back to buy again.
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Re: 04/09/2021 Live Update

Postby Trades w 2 Cats » Fri Apr 09, 2021 10:25 am

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_04_09 (9_18_15 AM).png


My measured move up failed big time, this is looking like a set up for a range day to digest the overnight move. I am assuming we will see new highs Sunday night with a gap and go Monday open, as that has been a favorite market move.

After all stimulus money is most likely to enter at all time highs. Just ask Bob Farrell (public tends to buy the most at tops...) ;)
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Re: 04/09/2021 Live Update

Postby BullBear52x » Fri Apr 09, 2021 10:29 am

bull trap, waiting for new sell setup.
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Re: 04/09/2021 Live Update

Postby JFR » Fri Apr 09, 2021 10:40 am

Dow 30. About even in the pushing and pulling between the bulls and the bears.


2021-04-09_07-39-26.png
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Re: 04/09/2021 Live Update

Postby BullBear52x » Fri Apr 09, 2021 10:44 am

Bull trap it is....chase them down.
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Re: 04/09/2021 Live Update

Postby Cobra » Fri Apr 09, 2021 10:44 am

The pullback means at the best for bulls it's a range day today.
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Re: 04/09/2021 Live Update

Postby Trades w 2 Cats » Fri Apr 09, 2021 10:45 am

Bulls better step in soon. I am seeing some 5 + point red bars.
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Re: 04/09/2021 Live Update

Postby JFR » Fri Apr 09, 2021 10:53 am

SPY 5. Hand to hand combat. All over the battle line, the EMA 20. Taking a break ...


2021-04-09_07-51-15.png
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Re: 04/09/2021 Live Update

Postby Cobra » Fri Apr 09, 2021 11:47 am

Testing day high, consolidation here first would be bullish. Breakout directly, not sure it will hold or not.
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Re: 04/09/2021 Live Update

Postby JFR » Fri Apr 09, 2021 12:00 pm

SPY 5. Moving on up. Three fairly clear moves, the middle one with some heavy chop.


2021-04-09_08-58-16.png
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Re: 04/09/2021 Live Update

Postby BullBear52x » Fri Apr 09, 2021 12:05 pm

The power that be will not allow this market to correct as overbought as it is. This time honey hole s not giving up easy, will see, I am going at it as soon as it shows weakness.
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Re: 04/09/2021 Live Update

Postby BullBear52x » Fri Apr 09, 2021 12:09 pm

$VVIX were pointing up again today. The sellers will show up soon.
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Re: 04/09/2021 Live Update

Postby BullBear52x » Fri Apr 09, 2021 12:16 pm

Negative D on MACD histogram around upper BB.
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