02/25/2020 Live Update

[BullBear52x]

If anyone likes to take cruises, Carnival gives you a credit (I think $250) on your ship account if you own 100 shares. Just brought a 100 at 36.50. NTA

For a couple drink package is $860.00 they need to do more, free drinks at least Hahaha

[Heck]

Classic
https://tinyurl.com/rlpfryq

[te_fern]

If anyone likes to take cruises, Carnival gives you a credit (I think $250) on your ship account if you own 100 shares. Just brought a 100 at 36.50. NTA

For a couple drink package is $860.00 they need to do more, free drinks at least Hahaha

Now, that would be nice!! LOL!

[Heck]

If anyone likes to take cruises, Carnival gives you a credit (I think $250) on your ship account if you own 100 shares. Just brought a 100 at 36.50. NTA

For a couple drink package is $860.00 they need to do more, free drinks at least Hahaha

Do they serve Corona ?

[te_fern]

Out of the crash channel now...

[te_fern]

If anyone likes to take cruises, Carnival gives you a credit (I think $250) on your ship account if you own 100 shares. Just brought a 100 at 36.50. NTA

For a couple drink package is $860.00 they need to do more, free drinks at least Hahaha

Do they serve Corona ?

Of course and if you drink enough they'll keep you on the ship an extra 2 weeks!! LOL!

[te_fern]

Touched Cobra's 20EMA on the 5 min. See what happens now...

[JFR]

ES 5. Back up to the EMA 20. AFK, on the tablet.

[BullBear52x]

Cash SPX Fib, Bears are in full control yet, one more sell coupon today before the lady sings. but I will take the next sell setup as my exit from the buy and call it a day.

[Cobra]

Members only update at 12:05 pm
http://www.cobrasmarketview.com/2020/02 ... ay-update/

[Al_Dente]

Paging Contrarians:
CNBC says the consensus is for lower ahead

[BullBear52x]

My buy stop under the wedge also.

[Cobra]

First test of ema20 in almost 2 hours so watch for ema short setup which may only good for a scalp though.

[MrMiyagi]

NYMO hit -83 at the day's low, bullish percent of SPX stocks now down to 58% with 50% usually a support zone unless we all die from CoVID-19 in the next three weeks.

[Al_Dente]

5min

[BullBear52x]

Chart for the road: Very fearful and very over sold on short term, $VIX > 23 = market crash or buying opportunity? the scalpers' heaven. trade well, Peace!

[JFR]

ES 5. Riding the EMA 20 and the trendline back to the bottom. Later ...

[Al_Dente]

The short side of the internals, at the moment
SHORTS
5min

[Al_Dente]

Big call buying in GLD
[Najarian]

[Al_Dente]

earlier this morn:
"the next battle within Equities is systematic deleveraging SELL flows as trailing realized vols windows are “dragged up” and dictate exposure reduction against now stabilizing BUY flow from the options-market, as downside protection is likely to be monetized by clients which will in-turn see Dealers have to BUY futures as they turn from short-to-long Puts."
"it’s also highly probable that the Options-space will see increasing monetization of downside protection (especially as Net Delta has gone “negative”) which will mean counter-buffering BUY flows."

"CTAs deleveraged almost everything “Global Equities” on Monday...
"pay particularly close attention to where the Russell closes as that could spark the next level of selling, as "today we see the risk of deleveraging in Russell futures IF we were to close below 1624 ...the Russell 2000 trigger level, "that one is almost always a canary in the coal mine when it triggers. And it’s well below the trigger now."

" possible bullish flow offset....a white knight may be emerging, "potentially very significant and stabilizing “BUY flow” which could be unleashed via the options-market and help to counter this “price-insensitive / passive / mechanical” selling from systematics

Said otherwise, while dealers are now well short gamma (the breakeven level is just above 3,310)... ... if they monetize downside protection, it will likely stabilize the market, thanks to the "wall of puts" [down at 3250, 3200 and 3150] in S&P options.
"as downside protection is monetized by clients (particularly weeklies) dealers will turn from previously "short puts" to "long puts", which will see the buying S&P futures."

Pasta: sorry to be snarky but I think he's saying SHORT until it goes LONG