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05/10/2021 Live Update

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Cobra
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05/10/2021 Live Update

Post by Cobra »

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Lower high or not, wait and see.

Small gap up, so probably just a range day, either up or down.
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JFR
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Re: 05/10/2021 Live Update

Post by JFR »

SPY 15. Very quiet so far. Small bars. No chop. Very small shadows. Where did all the volatility go? Oh yeah, go away in May. We live by slogans.

Screenshot_20210510_055412.jpg
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te_fern
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Re: 05/10/2021 Live Update

Post by te_fern »

If you are interested in some great references for continuing education on the stock market, check out this past weekend's blog here on Cobra's site. Some great posts to follow up on!!
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JFR
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Re: 05/10/2021 Live Update

Post by JFR »

ES daily. Just beneath the high. Small bar so far.

2021-05-10_06-29-31.png
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Al_Dente
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Re: 05/10/2021 Live Update

Post by Al_Dente »

note XLE and ERX breakout above what was a potential double top
on the daily chart
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 05/10/2021 Live Update

Post by te_fern »

Watching, the pullback maybe an opportunity...
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BullBear52x
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Re: 05/10/2021 Live Update

Post by BullBear52x »

H&S
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Al_Dente
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Re: 05/10/2021 Live Update

Post by Al_Dente »

So the dow is up 224 points while spx qqq and iwm are down and internals are weak


BUBBLE TOY:
This example is the dow in bubble view. Hover over a bubble for a chart, current today, but there may be a few minutes delay
https://finviz.com/bubbles.ashx?x=secto ... or&idx=dji
Last edited by Al_Dente on Mon May 10, 2021 9:58 am, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 05/10/2021 Live Update

Post by BullBear52x »

Failed here 4170 is down target.
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Cobra
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Re: 05/10/2021 Live Update

Post by Cobra »


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Cobra
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Re: 05/10/2021 Live Update

Post by Cobra »

It's a morning hourly filled black bar.
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BullBear52x
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Re: 05/10/2021 Live Update

Post by BullBear52x »

Now or never for bears.
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JFR
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Re: 05/10/2021 Live Update

Post by JFR »

Dow 30. A lot of ups. INTC has been struggling for a couple of weeks (have not checked the news.)

2021-05-10_07-04-34.png
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JFR
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Re: 05/10/2021 Live Update

Post by JFR »

As Pasta Boss noted.

2021-05-10_07-07-14.png
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JFR
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Re: 05/10/2021 Live Update

Post by JFR »

Alternatives. DBC, TLT and SPYG down. IAU, IYR, SPYV up. USO schizo up then down. UUP flattening.

2021-05-10_07-09-23.png
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JFR
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Re: 05/10/2021 Live Update

Post by JFR »

PFG, PGR and PNR are doing well today. Taking a break ...

2021-05-10_07-13-50.png
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BullBear52x
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Re: 05/10/2021 Live Update

Post by BullBear52x »

At this point, the market need no bad news to fall. it will fall on its own weight. :twisted:
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BullBear52x
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Re: 05/10/2021 Live Update

Post by BullBear52x »

Made in USA. tech and Semi-conductors.
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Trades w 2 Cats
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Re: 05/10/2021 Live Update

Post by Trades w 2 Cats »

MES 06-21 (950 Tick) _ ES 06-21 (2000 Tick) 2021_05_10 (9_38_31 AM).png
2 standard deviations is a bit over 11 points (based on rotations for the last 30 days or so), so I am calling 2 impulsive waves down so far.
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Cobra
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Re: 05/10/2021 Live Update

Post by Cobra »

Some supports here. Need decisive breakdown to make downtrend day possible. Right now still looks like a range day.
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