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10/21/1024 Live Update

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Cobra
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10/21/1024 Live Update

Post by Cobra »

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Testing a rising wedge lower boundary, for now bias appears a little bit down but the general pattern is a rebound upon open after which we'll see, typically would be up and up till the close, but since nowadays the market cannot simply be up and up everyday (mostly up 2 days then down 1 day) so, say 50% chances no up and up till the close.

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BullBear52x
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Re: 10/21/1024 Live Update

Post by BullBear52x »

Intraday: we will open uncer 38.2%, inside day, gap play doesn't apply even net shorts overnight. sooooo..anything goes today until new swing High/Low shows up.
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BullBear52x
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Re: 10/21/1024 Live Update

Post by BullBear52x »

No man's land like any Monday would :lol:

Coffee, news, walk around until a tade above or below 38.2-61.8% to start the day.
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Re: 10/21/1024 Live Update

Post by Cobra »


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BullBear52x
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Re: 10/21/1024 Live Update

Post by BullBear52x »

Well, well, well..buyers need to put in that deep pocket or else.
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Re: 10/21/1024 Live Update

Post by BullBear52x »

Dips buyers, looking down to.
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Cobra
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Re: 10/21/1024 Live Update

Post by Cobra »

EMA20 here is the bears' last stand today.

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Re: 10/21/1024 Live Update

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JFR
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Re: 10/21/1024 Live Update

Post by JFR »

ES daily.

Trading range. Day 6.

Normal pattern.

A move up. Trading range. Breakout.

Momentum up seems to be slowing down.

A breakdown will have to prove itself.

Long term, swing trade view is still bullish imo.

Just go All-In? Not for me, aside from a few assets.

2024-10-21_09-22-42.png
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JFR
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Re: 10/21/1024 Live Update

Post by JFR »

ES 60 minutes.

Ups and downs.

Since Sunday, down through the Pivot and S1.

Approached S2, before finding getting a bounce at 5865.

The bears are taking the day on the scorecard.

2024-10-21_09-31-12.png
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JFR
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Re: 10/21/1024 Live Update

Post by JFR »

ES 5 minutes.

Relatively smooth moves. Tradeable.

Not going to scan for stocks on the move up.

No gaps to play today.

Boring? Yeah. But I can deal with boredom. It's better than hectic. Ha ha.

Back later.

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MrMiyagi
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Post by MrMiyagi »

NYMO down to -37 (low ~-51)
NAMO down to +6.21

I think it needs another push down, maybe tomorrow, and up the rest of the week? Earnings on tap so it muddies things a bit. But generally, going into reports on a low bar helps the upside, whereas going in on high notes often is countered by sellers.
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Cobra
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Re: 10/21/1024 Live Update

Post by Cobra »

Consolidation, bias is up.

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BullBear52x
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Re: 10/21/1024 Live Update

Post by BullBear52x »

Fear or Fear not? Fearless market we have, $VIX is up today but not high enough to scare the buyers, let see tomorrow, if the $vix were to be in the green again, sone body is hiding scare somewhere.
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Intraday: new swing low, it is bearish bias. Bullish piercing candle? far from it, bulls needs to take it up above 61.8% to be so.Peace!
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Cobra
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Re: 10/21/1024 Live Update

Post by Cobra »

The pullback probably will be bought.

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Trades w 2 Cats
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Re: 10/21/1024 Live Update

Post by Trades w 2 Cats »

ES 12-24 (10000 Tick) 2024_10_21 (12_02_27 PM).png
Not looking very bullish as we go into power hour,
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Re: 10/21/1024 Live Update

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Re: 10/21/1024 Live Update

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Re: 10/21/1024 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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

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