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05/05/2021 Live Update

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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/05/2021 Live Update

Post by BullBear52x »

ES, Text book trend following, sell 2x top. beautiful setup. this is "A+" moves. and losing money? no way :lol: :lol: :lol:
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/05/2021 Live Update

Post by BullBear52x »

GLD, CCI is where the money is, MA resistance in near term but if CCI made pass center line (0) watch she flies.
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BullBear52x
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Re: 05/05/2021 Live Update

Post by BullBear52x »

ES, MA support, greed kills. see you tomorrow. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades w 2 Cats
Posts: 1695
Joined: Tue Dec 15, 2020 3:48 pm

Re: 05/05/2021 Live Update

Post by Trades w 2 Cats »

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_05_05 (8_53_03 AM).png
Got my new indicator working. Counts Al Brooks style second entries, red for shorts, green for longs. You have to decide if they are tradable, it just shows them. As BullBear said, a good day for price action traders. But I still have to wash my trailer. :cry:
Trades w 2 Cats
Posts: 1695
Joined: Tue Dec 15, 2020 3:48 pm

Re: 05/05/2021 Live Update

Post by Trades w 2 Cats »

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_05_05 (1_19_06 PM).png
Whoops, this is the correct file.
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JFR
Posts: 10125
Joined: Sun Dec 02, 2012 7:24 pm

Re: 05/05/2021 Live Update

Post by JFR »

Back at the desktop. SPY 5. Quiet day on the chart. Lack of spikes, lack of chop. Some nice, clean moves, small bars. Was able to play some stocks in the first hour. Hunting now again, but things are usually much slower after the first hour.

2021-05-05_11-23-31.png
Charts posted are not recommendations. They are just a sharing of information.
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Cobra
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Re: 05/05/2021 Live Update

Post by Cobra »

Possible double bottom, maybe the pullback was over.
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JFR
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Re: 05/05/2021 Live Update

Post by JFR »

Some Dow stocks doing well today. Later ...

2021-05-05_11-47-45.png
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/05/2021 Live Update

Post by Al_Dente »

LABD
SERIOUSLY ??
2.5 MILLION SHARES traded so far today, and it trades with gaps like this on the ONE MINUTE CHART
If that isn't a squeeze i don't know what is
55labd.png.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 05/05/2021 Live Update

Post by Al_Dente »

the top performing sectors today are the FOUR HORSEMEN
55horse.png.jpg
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 05/05/2021 Live Update

Post by Cobra »


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Cobra
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Re: 05/05/2021 Live Update

Post by Cobra »


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Cobra
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Re: 05/05/2021 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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

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