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06/15/2021 Live Update

06/15/2021 Live Update

Postby Cobra » Tue Jun 15, 2021 8:39 am

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I see rising wedge which has no trading value though, we just know one day it'll have a pullback but all ups will have a pullback eventually anyway. The question is when, the rising wedge doesn't say anything.

Small gap up so likely just a range day, a boring one.
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Re: 06/15/2021 Live Update

Postby BullBear52x » Tue Jun 15, 2021 9:31 am

Defy gravity once again? It was a big surprised last 30 min. action of a trading day. that doesn't change the sell signal on the AD, on top of that the overall AD percentage also went negative. selling to continue. the hold up is for Fed meeting show. will see what today brings. :twisted:
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Re: 06/15/2021 Live Update

Postby BullBear52x » Tue Jun 15, 2021 9:32 am

/ES 4229 is where I am looking at from here.
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Re: 06/15/2021 Live Update

Postby BullBear52x » Tue Jun 15, 2021 9:42 am

Cash SPX Fib, auction house watch, same playbook here.
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Re: 06/15/2021 Live Update

Postby Cobra » Tue Jun 15, 2021 9:58 am


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Re: 06/15/2021 Live Update

Postby JFR » Tue Jun 15, 2021 10:11 am

SPY 15. Down from the previous close, which was also pretty much where it opened today.


2021-06-15_07-08-26.png
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Re: 06/15/2021 Live Update

Postby JFR » Tue Jun 15, 2021 10:17 am

Dow stocks. Goin' south.


2021-06-15_07-16-48.png
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Re: 06/15/2021 Live Update

Postby JFR » Tue Jun 15, 2021 10:19 am

Dow 30. Mostly red.


2021-06-15_07-18-41.png
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Re: 06/15/2021 Live Update

Postby JFR » Tue Jun 15, 2021 10:26 am

Alternatives. All fall down, almost. DBC, IAU, IYR, SPYG, TLT down. USO up. SPYV and UUP flat.


2021-06-15_07-24-03.png
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Re: 06/15/2021 Live Update

Postby Trades w 2 Cats » Tue Jun 15, 2021 10:34 am

MES 09-21 (950 Tick) _ ES 09-21 (2000 Tick) 2021_06_15 (9_31_14 AM).png


Options Gamma is why I am guessing the channel was broken for a bounce back up to 40. In any event starting to look like the bottom could be forming for today.
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Re: 06/15/2021 Live Update

Postby JFR » Tue Jun 15, 2021 10:35 am

SPY 5. Finding some support, for the time being.


2021-06-15_07-34-28.png
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Re: 06/15/2021 Live Update

Postby Al_Dente » Tue Jun 15, 2021 10:36 am

note ALF
IPOed last month
#2 most active volume today
(AMC is #1 volume leader today, #3 is TRCH) per tradingview
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Re: 06/15/2021 Live Update

Postby Cobra » Tue Jun 15, 2021 10:42 am

EMA20 is the very first place where rebound could happen, let's see whether dip buyers are willing to step in here.
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Re: 06/15/2021 Live Update

Postby JFR » Tue Jun 15, 2021 10:46 am

SPY 5. Testing down beneath support.

Back later.


2021-06-15_07-45-07.png


2021-06-15_07-48-03.png
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Re: 06/15/2021 Live Update

Postby JFR » Tue Jun 15, 2021 11:04 am

I haven't found many stocks from my scans and lists doing well, but here are three doing OK.

Later ...


2021-06-15_08-02-21.png
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Re: 06/15/2021 Live Update

Postby Cobra » Tue Jun 15, 2021 11:07 am

Another chance to rebound is here. Break below the day low with a good looking bear bear then it's a downtrend day but I'll treat it as a range day anyway because it'd be mostly within the yesterday's range.
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Re: 06/15/2021 Live Update

Postby te_fern » Tue Jun 15, 2021 11:12 am

Using this resistance line as the ''line in the sand" for a potential change in direction.....
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Re: 06/15/2021 Live Update

Postby te_fern » Tue Jun 15, 2021 11:14 am

The Q's are fighting to change to an bullish trend....Not there yet in my humble opinion..
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Re: 06/15/2021 Live Update

Postby Al_Dente » Tue Jun 15, 2021 11:23 am

AMC is the top-performing stock in America this year, up an astonishing 2,230%. [Forbes]
(or 2,161% per stockcharts …. and GME is up 1,464% YTD per stockcharts)

This affects you and various ETFs that hold AMC/GME et. al.
Example: XRT (retail) in January “managed to have 19.9 per cent of its assets in GME, comfortably ahead of the combined 11.8 per cent weighting of the rest of its top 10 holdings – despite it professing to be an equal-weighted fund.”
https://www.ft.com/content/afa3c119-339 ... 19bae31123
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Re: 06/15/2021 Live Update

Postby te_fern » Tue Jun 15, 2021 11:27 am

Short Bio's and smalls seems to be the winning trade today....
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