Page 1 of 1

05/08/2024 Live Update

Posted: Wed May 08, 2024 8:40 am
by Cobra
If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
  • Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
  • Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
  • Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
  • I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].
===============================================================================================================================

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

0.png

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 10:07 am
by Cobra

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 10:09 am
by Cobra
It's a morning hourly hollow red

0.png

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 10:37 am
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.

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 11:14 am
by Cobra
The pullback probably will be bought. Feels like an uptrend day.

0.png

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 12:22 pm
by Cobra

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 1:07 pm
by BullBear52x
Swing setup: there is change in trend, last buy the dip failed, rip will be sold from here.
1.PNG
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

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 2:27 pm
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!

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 2:45 pm
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.

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 3:36 pm
by Cobra

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 3:53 pm
by Cobra

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 3:56 pm
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.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449387

Re: 05/08/2024 Live Update

Posted: Wed May 08, 2024 4:01 pm
by koolblue
Well i did call for a down day today..lol