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04/07/2021 Live Update

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Cobra
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04/07/2021 Live Update

Post by Cobra »

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I see a consolidation range which usually means continuation so bias is up.

Gap down but within the yesterday's range so probably just a range day.
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JFR
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Re: 04/07/2021 Live Update

Post by JFR »

SPY 15. Chop. Chop. Chop. Spikes. Direction changes. Lots of pushing and pulling by the bulls and the bears.

2021-04-07_06-07-03.png
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BullBear52x
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Re: 04/07/2021 Live Update

Post by BullBear52x »

Sell day, Honey hole special.
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JFR
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Re: 04/07/2021 Live Update

Post by JFR »

SPY 1. The market wants to go up. But it is not easy going.

2021-04-07_06-39-16.png
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BullBear52x
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Re: 04/07/2021 Live Update

Post by BullBear52x »

Daily %B >1, out side of BB. it always come back inside the band. always......
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JFR
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Re: 04/07/2021 Live Update

Post by JFR »

AAPL moving up. SPY moving down.
Last edited by JFR on Wed Apr 07, 2021 11:53 am, edited 1 time in total.
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Cobra
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Re: 04/07/2021 Live Update

Post by Cobra »


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Al_Dente
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Re: 04/07/2021 Live Update

Post by Al_Dente »

JPM's Jamie Dimon, in his annual shareholder letter, sees strong growth for the world’s biggest economy in the near term, thanks to the U.S. government’s response to the coronavirus pandemic that has left many consumers flush with savings.
While Dimon called stock market valuations “quite high,” he said a multiyear boom may justify current levels because markets are pricing in economic growth and excess savings that make their way into equities.
While he is bullish for the economy’s immediate future, he sees serious challenges for the U.S., thanks to political and societal dysfunction. [CNBC]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 04/07/2021 Live Update

Post by JFR »

SPY 1. Trying to move up. Taking a break ...

2021-04-07_07-23-11.png
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JFR
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Re: 04/07/2021 Live Update

Post by JFR »

SPY 5. Choppy action. Spikes. Dojis with long shadows. Back later ...

2021-04-07_08-03-19.png
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Trades w 2 Cats
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Re: 04/07/2021 Live Update

Post by Trades w 2 Cats »

Selling off for euro zone close. Need more shorts to squeeze if this thing is going to make a new high .
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BullBear52x
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Re: 04/07/2021 Live Update

Post by BullBear52x »

Watch MACD histogram, the consolidation phase is starting if we have a bearish reversal candle today. the consolidation in time or in price remain to be seen.......
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Al_Dente
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Re: 04/07/2021 Live Update

Post by Al_Dente »

Bottom panel: Last week call buyers were wrong for a spell, they eased up on calls while the SPX was advancing (green box, red box), and they had to flip quickly … since then they are back to buying calls
And now it’s the INDU that lags
15 min
47calls.png.jpg
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Trades w 2 Cats
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Re: 04/07/2021 Live Update

Post by Trades w 2 Cats »

Last 24 hours market bounced on 4064 four times, and fell through once, before the US cash open this morning. Outside of my background to estimate what happens on the next touch. But this is a very important level.
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Re: 04/07/2021 Live Update

Post by Trades w 2 Cats »

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_04_07 (10_49_23 AM).png
Waiting to see if we get a similar pattern to the 8 AM bounce.
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Al_Dente
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Re: 04/07/2021 Live Update

Post by Al_Dente »

Trades w 2 Cats wrote:Last 24 hours market bounced on 4064 four times, and fell through once, before the US cash open this morning. Outside of my background to estimate what happens on the next touch. But this is a very important level.
Boss: that level coincides with my "Sell/Stop Loss" level on the BEARISH THREE GAP UPS pattern that i posted this weekend (or monday?)
1012three gaps up.png.jpg
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Cobra
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Re: 04/07/2021 Live Update

Post by Cobra »


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Al_Dente
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Re: 04/07/2021 Live Update

Post by Al_Dente »

A view from the short side
SHORTS
47shorts.png.jpg
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Al_Dente
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Re: 04/07/2021 Live Update

Post by Al_Dente »

Same scale, Q shorts
SHORTS
47Q SHORT.PNG.jpg
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BullBear52x
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Re: 04/07/2021 Live Update

Post by BullBear52x »

Buy Lo sell Hi, the buy Lo can not fail here, if so it will be fast drop. I bet on it that it will :twisted:
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