08/18/2022 Live Update

[Cobra]

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Possible double bottom.

[JFR]

ES daily. Day 5 at the 4300 level, which is acting as resistance. Strong move up since the lows of June and July.

[JFR]

ES 60 minutes. Ups and downs. Just above the Pivot. Ready for another assault on the top? We will see.

[JFR]

SPY 15. Wednesday was a very choppy day, filled with spikes, and with only a couple of smooth trends. The premarket and postmarket were better.

[JFR]

ES 5 minutes. Two tries for the top. Hanging on the Pivot at this time. Beneath the EMA 20.

[JFR]

ES 5 minutes. Breakout down beneath the Pivot.

[JFR]

CSCO earnings after the bell.

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2022/08 ... ay-update/

[JFR]

ES 5 minutes. Pushing down further, towards 4263.

[JFR]

ES 5 minutes. Breaking out. Above the EMA 20 and resistance levels.

[Cobra]

Maybe we had the range low.

[brokebybernacke2]

take some time off , enjoy rest of summer, september shall come soon enough.

[JFR]

Alternatives.

Uppers: DBC, TLT, USO, UUP.

IYR down. IAU down a bit.

SPYG and SPYV flat.

Back later ...

[JFR]

ES 5 minutes. Moving on up. Eyes on 4293.

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2022/08 ... ay-update/

[JFR]

HPE. Hewlett-Packard. Headquarters in Houston, Texas. Founded in 1939.

Anybody got one of those early electronic calculators in a drawer somewhere? Ha ha. I think I do. And I do have some of HP's monitors in front of me right now.

Price is on the rise. P/E is exceptional. 2020 was not a good year, but otherwise the fundamentals are good.

Not recommending of course, just sharing information on a quiet day.

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers general purpose servers for multi-workload computing and workload-optimized servers; HPE ProLiant rack and tower servers; HPE BladeSystem and HPE Synergy; and solutions for secondary workloads and traditional tape, storage networking, and disk products, such as HPE Modular Storage Arrays and HPE XP. It also offers HPE Apollo and Cray products; and HPE Superdome Flex, HPE Nonstop, HPE Integrity, and HPE Edgeline products. In addition, the company provides HPE Aruba product portfolio that includes wired and wireless local area network hardware products, such as Wi-Fi access points, switches, routers, and sensors; HPE Aruba software and services comprising cloud-based management, network management, network access control, analytics and assurance, and location; and professional and support services, as well as as-a-service and consumption models for the intelligent edge portfolio of products. Further, it offers various leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others. Additionally, the company invests in communications and media solutions. It has a partnership with Striim, Inc. to offer high performance and mission-critical solutions with real-time analytics. It serves commercial and large enterprise groups, such as business and public sector enterprises; and through various partners comprising resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. Hewlett Packard Enterprise Company was founded in 1939 and is headquartered in Houston, Texas.

[JFR]

SPY 5 minutes. Price action.

Some good moves, both long and short.

Back later ...

[Cobra]

We probably had the high of the day, now may test the low of the day which might not hold.

[merryme]

Patience....

[JFR]

Oops. Wrong post.