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05/03/2021 Live Update

05/03/2021 Live Update

Postby Cobra » Mon May 03, 2021 8:31 am

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Lower high or not, wait and see, 50% chances.

Gap up above the Friday's high so likely a trend day either up or down.

ES60min.png

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Re: 05/03/2021 Live Update

Postby JFR » Mon May 03, 2021 9:30 am

ES daily. Inside bar so far. Extending the base.


2021-05-03_06-29-37.png
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Re: 05/03/2021 Live Update

Postby JFR » Mon May 03, 2021 9:51 am

Dow 30. A whole lot of green.


2021-05-03_06-50-14.png
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Re: 05/03/2021 Live Update

Postby Cobra » Mon May 03, 2021 10:00 am


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Re: 05/03/2021 Live Update

Postby JFR » Mon May 03, 2021 10:11 am

AMGN. Rocket ship.

Back later ...


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Re: 05/03/2021 Live Update

Postby te_fern » Mon May 03, 2021 10:58 am

About to walk away from my keyboard, keep getting whipsawed....
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Re: 05/03/2021 Live Update

Postby BullBear52x » Mon May 03, 2021 11:22 am

Positive AD line, but if this support fails, that could change.
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Re: 05/03/2021 Live Update

Postby BullBear52x » Mon May 03, 2021 11:28 am

SPX cash, TA attempt to breakout, but looks like no buyers up there again.
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Re: 05/03/2021 Live Update

Postby BullBear52x » Mon May 03, 2021 11:38 am

If there will be a down trend day, this is it.
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Re: 05/03/2021 Live Update

Postby Al_Dente » Mon May 03, 2021 12:15 pm

AD is still strong
Call buyers are cautious
53int.png.jpg
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Re: 05/03/2021 Live Update

Postby Cobra » Mon May 03, 2021 12:17 pm


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Re: 05/03/2021 Live Update

Postby Cobra » Mon May 03, 2021 12:33 pm

My guess is double bottom here has a little bit better chances (51%), breakdown would be measured move down.
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Re: 05/03/2021 Live Update

Postby BullBear52x » Mon May 03, 2021 12:33 pm

Every Sunday night pumped to gap up Monday, it has been working out for a long time, today is different. will the Fed save the day at noon? or help tank the market faster. :lol:
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Re: 05/03/2021 Live Update

Postby te_fern » Mon May 03, 2021 12:35 pm

This is the channel for the smalls, this is also why I got whipsawed, didn't see the channel till now. Out of cash, so I can now go do something else.... LOL!
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Re: 05/03/2021 Live Update

Postby BullBear52x » Mon May 03, 2021 1:08 pm

TA quiz. this is when you score A+ and still lose money. :lol:
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Re: 05/03/2021 Live Update

Postby BullBear52x » Mon May 03, 2021 1:26 pm

Another quiz, if you buy in the market and lose money, you are not an "A" student. to get A+ you must sell and sell it hard. :lol:
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Re: 05/03/2021 Live Update

Postby Al_Dente » Mon May 03, 2021 1:27 pm

FOUR HORSEMEN, daily
53horse.png.jpg
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Re: 05/03/2021 Live Update

Postby Al_Dente » Mon May 03, 2021 1:41 pm

PARADIGM SHIFTS:
“Who the hell wants to hear actors talk?” [Harry Warner, cofounder of Warner Brothers Pictures, 1927]
“I think there is a world market for about five computers” [Thomas J. Watson, chairman of IBM, 1943]
“There is no reason for any individual to have a computer in his home.” [Ken Olsen, cofounder of Digital Equipment, 1977]
Kodak thought that film was forever; Yahoo rejected the opportunity to buy Google for just $1 million; hundreds of other examples show what happens when business leaders don’t pay attention to the changes and opportunities around them.
People who are most successful in the old paradigm are less motivated to see when the new paradigm arrives.
Buffett is 90, Charlie Muenger is 97, are they missing a new paradigm shift ??
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Re: 05/03/2021 Live Update

Postby Al_Dente » Mon May 03, 2021 1:47 pm

30 minute chart
smalls are on a dead cat bounce
the Q's aren't even trying
53thirty.png.jpg
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Re: 05/03/2021 Live Update

Postby te_fern » Mon May 03, 2021 2:01 pm

Al_Dente wrote:FOUR HORSEMEN, daily
53horse.png.jpg


Probably should have been playing ERX and FAS today. Just didn't see them....
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