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01/22/2021 Live Update

Re: 01/22/2021 Live Update

Postby Cobra » Fri Jan 22, 2021 12:43 pm

Clear breakout so it shouldn't be a downtrend day, at the best for bears, it's just a range day.
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Re: 01/22/2021 Live Update

Postby JFR » Fri Jan 22, 2021 12:52 pm

SPY 5. Nice clean moves. Even riding the EMA 20 for a spell. Eyes on the gap?


2021-01-22_08-50-43.png
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Re: 01/22/2021 Live Update

Postby JFR » Fri Jan 22, 2021 12:54 pm

IWM fills its gap. Then faces some resistance.


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Re: 01/22/2021 Live Update

Postby BullBear52x » Fri Jan 22, 2021 1:00 pm

bears are dead.
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Re: 01/22/2021 Live Update

Postby jaijailyc » Fri Jan 22, 2021 1:03 pm

With stocks like GME, this market's price discovery is dead. Just buy and forget.
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Re: 01/22/2021 Live Update

Postby BullBear52x » Fri Jan 22, 2021 1:11 pm

This is getting hard. if a strong bull, this MA have to play a strong support, I am not buying, this is good chance for bear to have a right shoulder. if it fails I will try to sell again, sit out for now.
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Re: 01/22/2021 Live Update

Postby Trades w 2 Cats » Fri Jan 22, 2021 1:21 pm

Tops are a process, bottoms are an event. Still think we slowly levitate on false expectations of massive Fed stimulus. Once they start introducing legislation I think we will get some sell the news drops as Senate makes sausage.
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Re: 01/22/2021 Live Update

Postby Cobra » Fri Jan 22, 2021 1:24 pm


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Re: 01/22/2021 Live Update

Postby BullBear52x » Fri Jan 22, 2021 3:00 pm

last sell here.
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Re: 01/22/2021 Live Update

Postby Cobra » Fri Jan 22, 2021 3:08 pm

50% chances of double top
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Re: 01/22/2021 Live Update

Postby BullBear52x » Fri Jan 22, 2021 3:35 pm

Cash SPX Fib, I am expecting a lower closed. so far 61.8% is still holding up. until then.......
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Re: 01/22/2021 Live Update

Postby Trades w 2 Cats » Fri Jan 22, 2021 3:58 pm

Third try at the kill zone where bull moves die. Cobra rules fourth try should succeed.
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Re: 01/22/2021 Live Update

Postby Trades w 2 Cats » Fri Jan 22, 2021 3:59 pm

Should add the obvious, just 4 stinking points from serious resistance at yesterdays closing area, and four points looks like a lot this afternoon.
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Re: 01/22/2021 Live Update

Postby te_fern » Fri Jan 22, 2021 4:12 pm

3850 appears to be the line to cross...
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Re: 01/22/2021 Live Update

Postby te_fern » Fri Jan 22, 2021 4:14 pm

Got to 3850 or close at least 4 times today....
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Re: 01/22/2021 Live Update

Postby Trades w 2 Cats » Fri Jan 22, 2021 4:19 pm

Power hour needs new batteries
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Re: 01/22/2021 Live Update

Postby Cobra » Fri Jan 22, 2021 4:38 pm


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Re: 01/22/2021 Live Update

Postby Trades w 2 Cats » Fri Jan 22, 2021 4:42 pm

Gasping for breath market trying to cross over the finish line.
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Re: 01/22/2021 Live Update

Postby Cobra » Fri Jan 22, 2021 4:51 pm


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Re: 01/22/2021 Live Update

Postby Cobra » Fri Jan 22, 2021 4:52 pm

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/ ... /533449377

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

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