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05/08/2024 Live Update

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Cobra
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05/08/2024 Live Update

Post by Cobra »

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Generally the pullback would be bought, may or may not be today though.

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Cobra
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Re: 05/08/2024 Live Update

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Cobra
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Re: 05/08/2024 Live Update

Post by Cobra »

It's a morning hourly hollow red

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Trades w 2 Cats
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Re: 05/08/2024 Live Update

Post by Trades w 2 Cats »

ES 06-24 (27700 Tick) 2024_05_08 (7_35_19 AM).png
The 00 level is showing it is important to somebody. The call wall is supposedly at yesterday's high so a second touch would make sense for today or tomorrow.
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Cobra
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Re: 05/08/2024 Live Update

Post by Cobra »

The pullback probably will be bought. Feels like an uptrend day.

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Cobra
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Re: 05/08/2024 Live Update

Post by Cobra »


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BullBear52x
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Re: 05/08/2024 Live Update

Post by BullBear52x »

Swing setup: there is change in trend, last buy the dip failed, rip will be sold from here.
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Intraday: new swing low, it is bearish bia. there is wind of change to the bulls.
2.PNG
Internals: bearish bias, let see if there will be a follow through into tomorrow on the reversal. Peace!
3.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades w 2 Cats
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Re: 05/08/2024 Live Update

Post by Trades w 2 Cats »

ES 06-24 (15 Min Volumetric) 2024_05_08 (11_25_00 AM).png
Pullback and advance or double top. Need to see more bars!
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Re: 05/08/2024 Live Update

Post by Trades w 2 Cats »

ES 06-24 (2000 Tick) 2024_05_08 (11_42_46 AM).png
Somebody get a cattle prod, the herd has stopped moving!

Seriously though, this is starting to feel like a double top. Maybe the 0DTE options crowd will push it on up.
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Re: 05/08/2024 Live Update

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Re: 05/08/2024 Live Update

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Re: 05/08/2024 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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

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koolblue
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Re: 05/08/2024 Live Update

Post by koolblue »

Well i did call for a down day today..lol
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