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04/13/2021 Live Update

Re: 04/13/2021 Live Update

Postby Al_Dente » Tue Apr 13, 2021 12:23 pm

Here is another view, daily:
Since the November low most everybody has confirmed each SPX high
Now there are divergences
(top panel is percentage, bottom panel is cumulative volume)
413diverg.png.jpg
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Re: 04/13/2021 Live Update

Postby te_fern » Tue Apr 13, 2021 12:25 pm

Talk about a SPX resistance line....
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Re: 04/13/2021 Live Update

Postby te_fern » Tue Apr 13, 2021 12:31 pm

Got the quick break out and took my sandwich money. Paid for mine, now I need to earn enough to pay for the wifes!! LOL!
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Re: 04/13/2021 Live Update

Postby JFR » Tue Apr 13, 2021 12:45 pm

SPY 5. Poking its nose down beneath the EMA 20. Going through some ugly chop.


2021-04-13_09-44-11.png
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Re: 04/13/2021 Live Update

Postby te_fern » Tue Apr 13, 2021 12:50 pm

Had the right play, need to learn to hold on a little longer!! LOL!
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Re: 04/13/2021 Live Update

Postby te_fern » Tue Apr 13, 2021 12:54 pm

Hard to see, but bouncing on VWAP, needs to hold....
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Re: 04/13/2021 Live Update

Postby JFR » Tue Apr 13, 2021 12:56 pm

SPY 5. Dropping hard. At the previous day's close.


2021-04-13_09-55-51.png
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Re: 04/13/2021 Live Update

Postby JFR » Tue Apr 13, 2021 1:10 pm

DIA and IWM down. QQQ up. SPY flat.

Back later ...


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Re: 04/13/2021 Live Update

Postby Al_Dente » Tue Apr 13, 2021 1:15 pm

Breakout QQQ. If it can hold the neckline, the inverse H&S target is huge, cyan box above the top of the chart
1/VXN options traders are riding with the bull
Volume and Semis and the internet stocks (pink) lag
It needs volume people .... volume
Daily
413qqq.png.jpg
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Re: 04/13/2021 Live Update

Postby Cobra » Tue Apr 13, 2021 1:22 pm

Revisit the day high, now let's see whether bears can make a lower high/double top here. Say, 51% chances?
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Re: 04/13/2021 Live Update

Postby JFR » Tue Apr 13, 2021 1:36 pm

Store Closing. Everything must go. Ha ha

DBC, IAU, SPYG growth, TLT and USO up.

IYR flat. SPYV value down. UUP down.

Later ...


2021-04-13_10-35-49.png
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Re: 04/13/2021 Live Update

Postby Al_Dente » Tue Apr 13, 2021 1:37 pm

EARNINGS DUE:
April 14: GS, JPM, WFC,
April 15: BAC, BLK, SCHW, C, TSM, USB, UNH
April 16: MS
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Re: 04/13/2021 Live Update

Postby te_fern » Tue Apr 13, 2021 2:02 pm

See if we get follow thru or is it a bull trap???
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Re: 04/13/2021 Live Update

Postby Cobra » Tue Apr 13, 2021 2:14 pm

Clear breakout, this bull shall have legs.
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Re: 04/13/2021 Live Update

Postby Al_Dente » Tue Apr 13, 2021 2:14 pm

100% of VIX gaps fill
reminder: we have a gap from 7 April in the 18 zone that hasn’t filled yet
15 min
413vix gap.png.jpg
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Re: 04/13/2021 Live Update

Postby te_fern » Tue Apr 13, 2021 2:20 pm

Funny, from what I can tell, none of the leveraged sectors are breaking to new highs right now.....
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Re: 04/13/2021 Live Update

Postby Cobra » Tue Apr 13, 2021 3:35 pm


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Re: 04/13/2021 Live Update

Postby Cobra » Tue Apr 13, 2021 3:51 pm


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Re: 04/13/2021 Live Update

Postby Cobra » Tue Apr 13, 2021 3:52 pm

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

Thank you guys, I'll see you in another thread soon.

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Re: 04/13/2021 Live Update

Postby JFR » Tue Apr 13, 2021 4:13 pm

SPY 5. Another day at the races, errhh ... the stock market.


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