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05/21/2021 Live Update

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Cobra
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05/21/2021 Live Update

Post by Cobra »

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Probably will touch the line above and break it but whether the break can hold, will have to see.

Gap up but not well above the yesterday's high so might just be a range day.
ES60min.png

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JFR
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Re: 05/21/2021 Live Update

Post by JFR »

SPY 15, extended. Quiet at this time. Up from the close of 415.28. No pbars. Ha ha

Screenshot_20210521_055455.jpg
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1der
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Re: 05/21/2021 Live Update

Post by 1der »

Almost always a P-bar at 5pacific/8eastern
80AC50DA-137D-4875-B32F-BC7306DF756C.png
And often there is one after the market closes such as this one from last night:
AA34A563-F67F-4218-8BB0-9B4FA9AA0B31.png
And Apple typically has a morning one as well
614EDFDF-9BFD-4E65-B0E1-88C7B8F2072B.png
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JFR
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Re: 05/21/2021 Live Update

Post by JFR »

1der wrote:Almost always a P-bar at 5pacific/8eastern
80AC50DA-137D-4875-B32F-BC7306DF756C.png
And often there is one after the market closes such as this one from last night:
AA34A563-F67F-4218-8BB0-9B4FA9AA0B31.png
And Apple typically has a morning one as well
614EDFDF-9BFD-4E65-B0E1-88C7B8F2072B.png
Ah ha. Methinks that might be a good posting for you from now on. Ha ha

If StockCharts has one for SPY on thev15' I usually point it out.
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JFR
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Re: 05/21/2021 Live Update

Post by JFR »

AAPL 15, extended. About where it closed Thursday.

Screenshot_20210521_062452.jpg
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Al_Dente
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Re: 05/21/2021 Live Update

Post by Al_Dente »

The National Association of Realtors reports April existing home sales at 10 a.m. ET.
Economists expect a 0.2% increase to an annual rate of 6.02 million units.
Existing home sales fell 3.7% in March.
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: 05/21/2021 Live Update

Post by JFR »

Dow 30. Whole lotta green. CSCO trailing the pack again.

Gotta go. Will check later ...

Screenshot_20210521_063440.jpg
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1der
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Re: 05/21/2021 Live Update

Post by 1der »

JFR wrote:
1der wrote: Ah ha. Methinks that might be a good posting for you from now on. Ha ha

If StockCharts has one for SPY on thev15' I usually point it out.
Ha ha - for long time I did post and even kept track and posted a chart with the Pbar levels extended out to the right so one could see how those price levels come into play days / weeks later. I never could figure out a system that made sense although they often clearly are revisited and become pivot points / resistance/ support levels.

The smaller Pbars, like this morning's, get lost in the higher time frames so I drill down to see if one was there. Your chart has it.

I for one appreciate your Pbar posting ;)

And kudos/credit to Mr. Miyagi who put tremendous effort into tracking and posting PBars :ugeek:
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BullBear52x
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Re: 05/21/2021 Live Update

Post by BullBear52x »

I can't resist. sell first will see from here.
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BullBear52x
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Re: 05/21/2021 Live Update

Post by BullBear52x »

1,5, 60min. are all overbought=very bullish but TRIN is well >1
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JFR
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Re: 05/21/2021 Live Update

Post by JFR »

1der wrote:
JFR wrote:
1der wrote: Ah ha. Methinks that might be a good posting for you from now on. Ha ha

If StockCharts has one for SPY on thev15' I usually point it out.
Ha ha - for long time I did post and even kept track and posted a chart with the Pbar levels extended out to the right so one could see how those price levels come into play days / weeks later. I never could figure out a system that made sense although they often clearly are revisited and become pivot points / resistance/ support levels.

The smaller Pbars, like this morning's, get lost in the higher time frames so I drill down to see if one was there. Your chart has it.

I for one appreciate your Pbar posting ;)
They are interesting. Oftentimes hit, as we know. Not a big concern to me, but it seems like Bot/algo activity, setting up possible targets, at little cost to them.

I was teasing about posting. Ppl post what they when they want. My interest, energy and time available regarding posting varies. Re the pbar postings, you are welcome.

Yes thank you to Mr Miyagi re the Miyagi bars, err, pbars.

Later ...
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Al_Dente
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Re: 05/21/2021 Live Update

Post by Al_Dente »

$NYADV:$NYDEC = 3.6
$NYUPV:$NYDNV = 3.1
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Al_Dente
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Re: 05/21/2021 Live Update

Post by Al_Dente »

gap almost filled ?
can it hold ?
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Cobra
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Re: 05/21/2021 Live Update

Post by Cobra »


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BullBear52x
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Re: 05/21/2021 Live Update

Post by BullBear52x »

First thing first, will there be an MA support?
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Al_Dente
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Re: 05/21/2021 Live Update

Post by Al_Dente »

Existing-home sales waned in April, marking three straight months of declines, according to the National Association of Realtors
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Cobra
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Re: 05/21/2021 Live Update

Post by Cobra »

Testing EMA20 and day low, might be a rebound here first then we'll see.
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BullBear52x
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Re: 05/21/2021 Live Update

Post by BullBear52x »

Bullish F-Flag, if failed to hold the bottom wedge we are heading to the lower range.
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Re: 05/21/2021 Live Update

Post by BullBear52x »

SPX, this lower range or lower today.
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Re: 05/21/2021 Live Update

Post by BullBear52x »

Looking good for bears, 5min. MA support next, after that it will be 4093ish, we may get it today.
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