Cobra's Market View

RSI on daily not even below 30 on SPX ES NQ YM - only RTY below 30

LT still uptrend - on weekly chart looks like a "healthy dip", an opp to buy for those planning for their grandchildren.

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8/22 gap filled - there is a Npoc at around 2812 - "they" say Npoc are like gaps and get eventually taken out..

Wonder what is really going on today. There is always somebody who knows something

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BullBear52x wrote:Bloody yet? I got no counter trend setup yet, Hmmmm

ES trying to fill the Aug 18 gap .. pretty impressive all in one session, 55 points so far

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K447 wrote:

Trades with cats wrote:Amazon cloud servers .. So if Bloomberg story correct ...

Big IF

There seems to be serious questions regarding the article’s credibility.

Interesting, Jordan Robertson appears to be specialized in researching cybersecurity situations

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Shaishen wrote:ES: Touched Sept 17 naked vpoc - there is still a NVpoc Sept 12 at 2888.5

"Sooner or later NPOCs are tested much like "Gaps" are sooner or later filled....."

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Never expected the Sept 12 Naked Poc 2888.5 would be tested TODAY.. never say never cliche

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AMZN having a bad day, did everyone stop shopping? maybe a case of stock price actually reflecting current and forward earnings?? :lol: quite elevated.. https://www.nasdaq.com/symbol/amzn/pe-ratio Chinuh bugs infiltration in AMZN and APPL stuff maybe..? https://www.zerohedge.com/news/2018-10-04/exp...

Shaishen wrote:For now I see a 2 push down formation; as per Cobra we should expect a third push.. ?

http://www.cobrasmarketview.com/3-push-updown/

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Got the 3rd push down..now what? Guts to go long? Or a 4th push down? Or as we are told every morning are the prices cheap enough to attract buyers?

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For now I see a 2 push down formation; as per Cobra we should expect a third push.. ?

http://www.cobrasmarketview.com/3-push-updown/

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Trades with cats wrote:Finally some big volume and a buy algo triggered. Looking like ES 2900 is the line in the sand for now.

Deep Pocket Test shot at 2900 to drag in knife catchers or is this the reversal? I see no divergence yet.. Not placing any bets yet

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ES: Touched Sept 17 naked vpoc - there is still a NVpoc Sept 12 at 2888.5 "Sooner or later NPOCs are tested much like "Gaps" are sooner or later filled. NPOCs act very much like magnets drawing price to them." :o https://www.mypivots.com/dictionary/definition/442/naked-point-of-c...

te_fern wrote:First bounce, can we make it back to the VWAP line???

Need to get above ONL (~ 2913.25) for any further upside imo

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The problem with the daily afternoon self off is that it is a plunge and really doesn't give much of an opportunity to get in once it starts. Waiting to see an expert explain what the cause is. I am for sure not an expert - just noticed from 12:30 ET ADD steady drift lower whereas price touched tha...

Will make a note to find a good source of options volumes next time because it must have been fun knowing the big banks were going to buy into every advance. Maybe you already looked at https://marketchameleon.com/Reports/optionVolumeReport Find the site somewhat messy, but one can filter out decen...

Was traveling last week and putting in a new driveway with some landscaping this week. These kinds of activities sure put a hurting on my day trading! Hope to be back on the board soon! I find physical activity with a final result (like landscaping) you can look at what you did (and show it to your...

It is options expiration and I assume Goldman will make millions if all the insurance puts expire worthless. So please do not say they don't know who to call at the Wall Street Journal. :twisted: Whatever happened to Max Pain .. ore maybe I just don't understand it.. http://www.opricot.com/ticker/s...

QED wrote:

Shaishen wrote:There is another guy who tweets ... about his trades with the Wyckoff concept.

Who do you follow regarding Wyckoff? Thanks!

at GeorgeWegwitz ‏

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Trying to stay off twitter as it usually isn't helpful. So needless to say Coolbiz got out of his shorts this morning. ... I keep a separate tweet feed during RTH (lurking activity)- only a handful of people incl coolbiz. I struggle with Elliot mainly because subconsciously I think it is something ...

THIS IS A SHOCKER from Doug Kass: “After a great deal of thought and following a discussion with my investors and limited partners I have decided to liquidate all of my long holdings … Who knows what Kass really does..Everybody has an agenda, especially in the investment marketing entertainment ind...

BTW: """""Watching an older Al Brooks video last night he said 90% of the time either the high or low of the day is set by the first 90 minutes of trading.""" do u have a link boss? thanks I think it is this one https://www.youtube.com/watch?v=8eFEgb0I4Gc 90 ...

This type of day is hard for me to trade. Feel like I missed the entry point..... I think it's hard for every intraday trader. Small dip at the open and straight up. Where to hop on? only possible entry point - hindsight - was at the "zipper" formation a touch above day mid at around 10:2...