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05/14/2021 Live Update

Posted: Fri May 14, 2021 8:34 am
by Cobra
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The rebound may have legs?

Gap up, not small for now, so could be a trend day, either up or down.

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 8:51 am
by JFR
SPY 15. Up a bit from the 410.28 close. Note the the pbar once again at 800am.

Screenshot_20210514_054927.jpg

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 9:30 am
by BullBear52x
Buy the dip triggered. daily trend following setup.

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 9:42 am
by BullBear52x
Cash SPX Fib, daily bullish Harami breakout not bearish unless we trade back inside the range.

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 9:48 am
by JFR
Dow 30. Whole lotta green.

2021-05-14_06-47-10.png

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 9:50 am
by BullBear52x
short term is mixed signal, Intraday Buy, swing Sell under 5DMA.

Intraday, buy dip

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 9:53 am
by JFR
ES daily. Up to the EMA 20. Taking a break ...

2021-05-14_06-52-24.png

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 9:59 am
by JFR
SPY 5. Nice run on SPY. Later ...

2021-05-14_06-58-28.png

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 10:00 am
by BullBear52x
Last resistance, I will sell here and will buy the dip.

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 10:03 am
by Cobra

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 10:04 am
by Al_Dente
TRAN has been leading the pack
(daily, 20sma, RSI-5)
514tran.png.jpg

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 10:05 am
by BullBear52x
one step at a time, bullish, sell with tight stop.

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 10:15 am
by BullBear52x
Gaps up/dow sides. looks like bulls want to fill the up side gap first. but hitting a snag for now.

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 10:42 am
by brokebybernacke2
helmets

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 10:51 am
by Cobra
Breakout to the new day high with good looking bull bar in the next couple of bars then it's an uptrend day.

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 10:58 am
by Al_Dente
AAPL
keep an eye on the weekly chart
it is testing the neckline of an H%S

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 11:27 am
by Cobra
Not a strong breakout but so far still looks like an uptrend day.

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 11:37 am
by Trades w 2 Cats
MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_05_14 (10_29_24 AM).png
As predicted by several last week the selling hit a speed bump and it is off to the races towards a new high. Several I follow have been saying this is wave 5 and it will become ugly thus summer.

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 11:41 am
by Trades w 2 Cats
FOMC taper goldmanj_0.jpg
In case you missed it. Goldman's explanation for the end of what I call the Greenspan experiment. Nothing new here, some sort of Bible quote about those who live by the sword parish by the sword. Only in this case it is those who invest by the printing press.

Re: 05/14/2021 Live Update

Posted: Fri May 14, 2021 11:47 am
by Al_Dente
HUMOR BREAK:
Dogecoin co-creator, Jackson Palmer, slammed Musk in a now-deleted Tweet, calling him a 'self-absorbed grifter.'