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08/16/2022 Live Update

Posted: Tue Aug 16, 2022 8:20 am
by Cobra
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Consolidation overnight, bias is up. However, the up leg gets smaller and smaller (arrows) so the coming push up might be small.

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 8:42 am
by koolblue
daily update.png
8-) Bulls would like continuation of the rally. Bears would like a mish mash sideways day or narrow range day.

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 8:43 am
by koolblue
30 min.png
8-)

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 9:24 am
by JFR
ES daily. Pausing just beneath the 4300 level.

2022-08-16_06-22-37.png

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 9:27 am
by JFR
ES 60 minutes. The ups and downs of the market. At this time it is in a range between 4300 and the Pivot.

2022-08-16_06-26-05.png

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 9:30 am
by JFR
ES 5 minutes. Support at 4285. Resistance at 4298.

2022-08-16_06-28-44.png

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 9:59 am
by Cobra

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 10:05 am
by Cobra
It's a morning hourly hollow red.

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 10:06 am
by JFR
ES 5 minutes. Chop. Chop. And more chop.

2022-08-16_07-05-46.png

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 10:36 am
by JFR
ES 5 minutes. Diving down beneath the Pivot. Nothing safe for the bulls. Nor for the bears, for that matter.

2022-08-16_07-34-17.png

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 11:01 am
by JFR
WSM. Williams Sonoma. Specialty Retailer. Headquarters in San Francisco. Founded in 1956.

Posted on here July 21st. Still looking good. Information only.
Williams-Sonoma, Inc. operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand. The company also provides home decor products under the West Elm brand; kids accessories under the Pottery Barn Kids brand; and an organic bedding to multi-purpose furniture under the Pottery Barn Teen brand. In addition, it offers made-to-order lighting, hardware, furniture, and home decors inspired by history under the Rejuvenation brand; and women's and men's accessories, travel, entertaining and bar, home décor, and seasonal items under the Mark and Graham brand, as well as operates a 3-D imaging and augmented reality platform for the home furnishings and décor industry. The company markets its products through e-commerce websites, direct-mail catalogs, and retail stores. It operates 544 stores comprising 502 stores in 41states, Washington, D.C., and Puerto Rico; 20 stores in Canada; 19 stores in Australia; 3 stores in the United Kingdom; and 139 franchised stores, as well as e-commerce websites in various countries in the Middle East, the Philippines, Mexico, South Korea, and India. Williams-Sonoma, Inc. was founded in 1956 and is headquartered in San Francisco, California. -- Yahoo Finance
2022-08-16_08-36-19.png

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 11:09 am
by Cobra
Possible higher low, at least the EMA20 won't hold this time as it's been tested many times.

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 11:19 am
by JFR
ES 5 minutes. Back up to 4300.

2022-08-16_08-19-05.png

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 12:08 pm
by Cobra

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 12:17 pm
by JFR
ES 5 minutes. Very nice move up. I missed it. Chatting with a friend. Priorities. Always another bus coming. More fish in the sea. More trade opportunities.

2022-08-16_09-14-56.png

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 1:16 pm
by koolblue
trading chart.png
Sorry bout the late post on this chart , Imtrying to manage a trade too.

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 1:19 pm
by BullBear52x
Are we there yet? this market is so one sided. Lots of money to be made. no significant negative price action to call to if there will be a correction. yesterday we had a negative price action but with HH a new highs kills the bearish pattern. will see what today brings.

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 1:32 pm
by brokebybernacke2
ringin the bell ding ding enough for me thank u JPowell!

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 1:37 pm
by BullBear52x
I created this chart just to see how many positive days with RSI (14) >70 before correction and how weak or strong the correction will be. today A/d issues are still positive. I am not very active this week, got another trip to do this week. will be back next week but will be missing in action most of Sept. good luck all, after a correction it will determine if the bulls are here to stay. The world are in chaos so the money are pouting in to US market as is we are so calm here either in our political landscape. Peace!

Re: 08/16/2022 Live Update

Posted: Tue Aug 16, 2022 1:44 pm
by JFR
koolblue wrote:
The attachment trading chart.png is no longer available
Sorry bout the late post on this chart , Imtrying to manage a trade too.
11 minutes to post a trade, after the fact, koolblue? Should take less than a minute to post, even if managing a trade. Since you want to post a trade, please post it on time, within a minute or so, so people can see the trade in action. Thank you. Just in my opinion. By the way, nice move up.

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