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02/08/2019 Live Update

Trades with cats
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Re: 02/08/2019 Live Update

Post by Trades with cats »

Dangerous for bulls, this could be a double top and it meets the 30 minute rule. That regular hours open is a tough barrier.
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Cobra
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Re: 02/08/2019 Live Update

Post by Cobra »

3 push down then strong rebound (so far) so maybe the range low was in. now the question is where the range high is.
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JFR
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Re: 02/08/2019 Live Update

Post by JFR »

Bounce up to the E20.

Screenshot_20190208_101241.jpg
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QED
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Re: 02/08/2019 Live Update

Post by QED »

.
MTUM's January rebalancing ...
Momentum ETF Tilts Toward Defensive Sectors Over Tech

https://www.bloomberg.com/news/videos/2 ... tech-video

.
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Al_Dente
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Re: 02/08/2019 Live Update

Post by Al_Dente »

Bears are not inspired by three days of red dojis
Daily, 2 months
28quick day.png.png
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fehro
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Re: 02/08/2019 Live Update

Post by fehro »

viewtopic.php?f=2&t=3292&p=265049#p265049 & viewtopic.php?f=2&t=3285&p=264954#p264954

A picture is worth a thousand words.. or thousands of profit potential ;)

Weekly candle she is not pretty.. at 50w SMA … toppy .. very toppy
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Screen Shot 2019-02-08 at 10.49.46 AM.png
Trades with cats
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Re: 02/08/2019 Live Update

Post by Trades with cats »

OK, so all around the planet PMI's are dropping. Apartment sales in China are down. Bond rates are falling along with loan applications. Analysts have dropped next quarter earnings to negative year over year. The real surprise is that funds are buying defensive issues instead of going straight to cash, but as fund managers have said in the past nobody will pay fees for having their money held in cash.
Trades with cats
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Re: 02/08/2019 Live Update

Post by Trades with cats »

Waiting for someone to publish the levels at which the funds sell and go short, thus confirming ferho's charts that we are in a sucker rally.
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JFR
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Re: 02/08/2019 Live Update

Post by JFR »

Trying to move up from a base. We will see.

2019-02-08_1058.png
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JFR
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Re: 02/08/2019 Live Update

Post by JFR »

There is a stuggle going on. Bulls might be winning. For now.

2019-02-08_1101.png
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Cobra
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Re: 02/08/2019 Live Update

Post by Cobra »

testing day high, if break through then the gap probably will be filled today.
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Al_Dente
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Re: 02/08/2019 Live Update

Post by Al_Dente »

Top panel:
See that purple spike where the purple arrow is?
That was Powell
I think a breakdown there would see some massive capitulation
5min
28powell put.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 02/08/2019 Live Update

Post by Trades with cats »

Up in the gap is the double bottom at ES 2722. I think we have to test that next week.
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JFR
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Re: 02/08/2019 Live Update

Post by JFR »

QQQ fills the overnight gap. Back later ...

2019-02-08_1128.png
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JFR
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Re: 02/08/2019 Live Update

Post by JFR »

IWM filled the overnight gap in the first 5 minutes. Back there now. Coffee break.

2019-02-08_1134.png
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daytradingES
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Re: 02/08/2019 Live Update

Post by daytradingES »

High Est 2707.50
Actual High 2700.75
Dif= 6.75

Low Est 2681.25
Actual Low 2680.75
Dif= 0.50
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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Al_Dente
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Re: 02/08/2019 Live Update

Post by Al_Dente »

HAPPY HOUR
baby bear.png.png
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Al_Dente
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Re: 02/08/2019 Live Update

Post by Al_Dente »

WEEK AT A GLANCE (~ hour early)
28week glance.png.png
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Cobra
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Re: 02/08/2019 Live Update

Post by Cobra »

1st test of ema20 in 2+ hours, so maybe the pullback will be bought.
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rpccharts
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Re: 02/08/2019 Live Update

Post by rpccharts »

McLellan 2003-4 Analogue

Image
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