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Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 1:37 pm
by Trades with cats
Dangerous for bulls, this could be a double top and it meets the 30 minute rule. That regular hours open is a tough barrier.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 1:49 pm
by Cobra
3 push down then strong rebound (so far) so maybe the range low was in. now the question is where the range high is.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 2:16 pm
by JFR
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 2:28 pm
by QED
.
MTUM's January rebalancing ...
Momentum ETF Tilts Toward Defensive Sectors Over Tech
https://www.bloomberg.com/news/videos/2 ... tech-video
.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 2:50 pm
by Al_Dente
Bears are not inspired by three days of red dojis
Daily, 2 months
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 2:53 pm
by fehro
viewtopic.php?f=2&t=3292&p=265049#p265049 &
viewtopic.php?f=2&t=3285&p=264954#p264954
A picture is worth a thousand words.. or thousands of profit potential
Weekly candle she is not pretty.. at 50w SMA … toppy .. very toppy
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 2:57 pm
by Trades with cats
OK, so all around the planet PMI's are dropping. Apartment sales in China are down. Bond rates are falling along with loan applications. Analysts have dropped next quarter earnings to negative year over year. The real surprise is that funds are buying defensive issues instead of going straight to cash, but as fund managers have said in the past nobody will pay fees for having their money held in cash.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 2:59 pm
by Trades with cats
Waiting for someone to publish the levels at which the funds sell and go short, thus confirming ferho's charts that we are in a sucker rally.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 2:59 pm
by JFR
Trying to move up from a base. We will see.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 3:02 pm
by JFR
There is a stuggle going on. Bulls might be winning. For now.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 3:12 pm
by Cobra
testing day high, if break through then the gap probably will be filled today.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 3:13 pm
by Al_Dente
Top panel:
See that purple spike where the purple arrow is?
That was Powell
I think a breakdown there would see some massive capitulation
5min
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 3:22 pm
by Trades with cats
Up in the gap is the double bottom at ES 2722. I think we have to test that next week.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 3:29 pm
by JFR
QQQ fills the overnight gap. Back later ...
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 3:35 pm
by JFR
IWM filled the overnight gap in the first 5 minutes. Back there now. Coffee break.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 3:51 pm
by daytradingES
High Est 2707.50
Actual High 2700.75
Dif= 6.75
Low Est 2681.25
Actual Low 2680.75
Dif= 0.50
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 4:00 pm
by Al_Dente
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 4:03 pm
by Al_Dente
WEEK AT A GLANCE (~ hour early)
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 4:12 pm
by Cobra
1st test of ema20 in 2+ hours, so maybe the pullback will be bought.
Re: 02/08/2019 Live Update
Posted: Fri Feb 08, 2019 4:29 pm
by rpccharts
McLellan 2003-4 Analogue