Back to www.cobrasmarketview.com

   

05/05/2021 Live Update

Re: 05/05/2021 Live Update

Postby BullBear52x » Wed May 05, 2021 12:49 pm

ES, Text book trend following, sell 2x top. beautiful setup. this is "A+" moves. and losing money? no way :lol: :lol: :lol:
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25282
Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/05/2021 Live Update

Postby BullBear52x » Wed May 05, 2021 12:59 pm

GLD, CCI is where the money is, MA resistance in near term but if CCI made pass center line (0) watch she flies.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25282
Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/05/2021 Live Update

Postby BullBear52x » Wed May 05, 2021 1:05 pm

ES, MA support, greed kills. see you tomorrow. Peace!
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 25282
Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/05/2021 Live Update

Postby Trades w 2 Cats » Wed May 05, 2021 2:23 pm

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: 434
Joined: Tue Dec 15, 2020 3:48 pm

Re: 05/05/2021 Live Update

Postby Trades w 2 Cats » Wed May 05, 2021 2:24 pm

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_05_05 (1_19_06 PM).png


Whoops, this is the correct file.
Trades w 2 Cats
 
Posts: 434
Joined: Tue Dec 15, 2020 3:48 pm

Re: 05/05/2021 Live Update

Postby JFR » Wed May 05, 2021 2:28 pm

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
User avatar
JFR
 
Posts: 5765
Joined: Sun Dec 02, 2012 7:24 pm

Re: 05/05/2021 Live Update

Postby Cobra » Wed May 05, 2021 2:30 pm

Possible double bottom, maybe the pullback was over.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 49977
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/05/2021 Live Update

Postby JFR » Wed May 05, 2021 2:48 pm

Some Dow stocks doing well today. Later ...


2021-05-05_11-47-45.png
User avatar
JFR
 
Posts: 5765
Joined: Sun Dec 02, 2012 7:24 pm

Re: 05/05/2021 Live Update

Postby Al_Dente » Wed May 05, 2021 3:22 pm

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
User avatar
Al_Dente
 
Posts: 25883
Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/05/2021 Live Update

Postby Al_Dente » Wed May 05, 2021 3:28 pm

the top performing sectors today are the FOUR HORSEMEN
55horse.png.jpg
55horse.png.jpg (25.01 KiB) Viewed 421 times
User avatar
Al_Dente
 
Posts: 25883
Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/05/2021 Live Update

Postby Cobra » Wed May 05, 2021 3:41 pm


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 49977
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/05/2021 Live Update

Postby Cobra » Wed May 05, 2021 3:53 pm


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 49977
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/05/2021 Live Update

Postby Cobra » Wed May 05, 2021 3:54 pm

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.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449387

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 49977
Joined: Sat Feb 12, 2011 10:29 pm

Previous

Return to Traders Lounge

Who is online

Users browsing this forum: No registered users and 20 guests