Cobra's Market View

been sick (jaw infection) for 3weeks

I am behind almost 2 weeks on my updating and this chart is only to week 508 19-22 Feb.
so just posting to post :-

High Est 2707.50
Actual High 2708.75
Dif= -1.25

Low Est 2681.25
Actual Low 2680.75
Dif= 0.50

High Est 2707.50
Actual High 2700.75
Dif= 6.75

Low Est 2681.25
Actual Low 2680.75
Dif= 0.50

off for a break - family emails have tired me out - need some fresh air

FT 71 usually has two scenarios, an expected and a second. He also does a trend up and down but doesn't usually post those. So most likely was a move up 2695.75 ES then a drop, consolidate drop to a 2680 low then grind up into yesterdays range. Less likely was an immediate sell off the open down to...

chart

te_fern wrote:

daytradingES wrote:8:44 AM 2019-02-08

so far LOD 2683.25 vs 2681.25 est
dif 2 pts

dtES, do you provide these estimates on the Cash market or the ES futures? I just want to make sure I'm clear.
thanks!!!

The estimates are for ES (hence the moniker!! :lol)

The futures emini contract which is currently March 2019

Thanks daytrading ES FT71 estimates, Primary up to 2695.75 then down to 2687, consolidation, down to 2680 then finish the day moving into the bottom of yesterday's range. Secondary down to 2687 (Overnight Low) then grind up the rest of the day into yesterday's range. Expected target the weak double...

8:44 AM 2019-02-08

so far LOD 2683.25 vs 2681.25 est
dif 2 pts

8:44 AM 2019-02-08

dir =-1
rng = 20.25,25.75

est
HOD=2707.50
lod=2681.25

(breakdown possible < 2679.25) but Friday so unlikely
more likely is choppy garbage

I did try to make it in today - to post at/near the open, but I'm exhausted (family issues) and fell asleep. I noticed a weakening in some of my numbers in yesterday's after the close updating so it is nice to see the drop. Too late to post any estimates but they would have been off with the range e...

IMFcut its forecast for 2019 global GDP to just 3.5% from 3.7% as of October, its lowest forecast

IB charts are wacky today.

For ES the price is moving and bars are filling
but on charts with "today" as the time frame - nothing shows.

BullBear52x wrote:I wondered, anyone day trade any more on this board? last spike took out my profit stops both up/down. sit on my hands now.

I day trade ES -however ONLY to the short side

So if a day is strong and if the mulitday trend is strong up then I would not risk on short trades.

re Bb question of yest: You asked about numbers in the 2520 area in that you were seeing a push down to that area. As I mentioned I focus my estimates on intraday trades and not multi-day swings. When i looked for you last night as promised, the first thought is that I don't try to estimate the next...

Slept in and only did my numbers now. In doing my pre-open numbers they were extremely strong (bullish). For example something called the "projected price" (prj of the last move into the opening), gave: 2661.50 The stop running number was 2662 and the breakout was 2664 Taken together this ...

/ES stairs steps I haven't done my numbers yet but thinking you are right. 2520, let me know if any of your number cross that one in few days. Sorry not clear on what you mean? I see market can pull back down as low as 2520 /ES, you see that number on your calculation? Ok I understand what you mean...

BullBear52x wrote:

daytradingES wrote:

BullBear52x wrote:/ES stairs steps

I haven't done my numbers yet but thinking you are right.

2520, let me know if any of your number cross that one in few days.

Sorry not clear on what you mean?

This am the default estimates were
2632.50
2607

with an actual low of 2605.50 its looking like a long T-top day.

BullBear52x wrote:/ES stairs steps

I haven't done my numbers yet but thinking you are right.