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Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 12:23 pm
by Al_Dente
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)
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 12:25 pm
by te_fern
Talk about a SPX resistance line....
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 12:31 pm
by te_fern
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!
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 12:45 pm
by JFR
SPY 5. Poking its nose down beneath the EMA 20. Going through some ugly chop.
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 12:50 pm
by te_fern
Had the right play, need to learn to hold on a little longer!! LOL!
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 12:54 pm
by te_fern
Hard to see, but bouncing on VWAP, needs to hold....
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 12:56 pm
by JFR
SPY 5. Dropping hard. At the previous day's close.
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 1:10 pm
by JFR
DIA and IWM down. QQQ up. SPY flat.
Back later ...
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 1:15 pm
by Al_Dente
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
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 1:22 pm
by Cobra
Revisit the day high, now let's see whether bears can make a lower high/double top here. Say, 51% chances?
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 1:36 pm
by JFR
Store Closing. Everything must go. Ha ha
DBC, IAU, SPYG growth, TLT and USO up.
IYR flat. SPYV value down. UUP down.
Later ...
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 1:37 pm
by Al_Dente
EARNINGS DUE:
April 14: GS, JPM, WFC,
April 15: BAC, BLK, SCHW, C, TSM, USB, UNH
April 16: MS
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 2:02 pm
by te_fern
See if we get follow thru or is it a bull trap???
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 2:14 pm
by Cobra
Clear breakout, this bull shall have legs.
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 2:14 pm
by Al_Dente
100% of VIX gaps fill
reminder: we have a gap from 7 April in the 18 zone that hasn’t filled yet
15 min
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 2:20 pm
by te_fern
Funny, from what I can tell, none of the leveraged sectors are breaking to new highs right now.....
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 3:35 pm
by Cobra
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 3:51 pm
by Cobra
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 3:52 pm
by Cobra
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.
Before the close, please take a little time to vote for me, thanks:
https://stockcharts.com/public/1684859/ ... /533449381
Re: 04/13/2021 Live Update
Posted: Tue Apr 13, 2021 4:13 pm
by JFR
SPY 5. Another day at the races, errhh ... the stock market.