10/20/2016 Live Update

[brokebybernacke2]

DXY futures above 98.2. They may blame Mario for spoiling earnings season.

Or the Motor mouth Trump won the debate?

yes...but right here nice bull opportunity of they take it....swing buy chance lets try.

[BullBear52x]

DXY futures above 98.2. They may blame Mario for spoiling earnings season.

Or the Motor mouth Trump won the debate?

yes...but right here nice bull opportunity of they take it....swing buy chance lets try.

counter trend is very unproductive, on me at least, trend following seems to fit me well. (intraday down trend)

[brokebybernacke2]

bb if this level goes...yes with u

[Trades with cats]

You know the big firms who make the options market have a target for Friday. They may need more short fuel in the tank before they fire the rocket.

[BullBear52x]

Clockworks

[Cobra]

rebound might be sold.

[BullBear52x]

If no new LOD from here, the next positive reversal on TSI I will tag along the counter trend move just ....... let see until then....

[Trades with cats]

Yesterday's low is really tough resistance so far.

[BullBear52x]

If you look at the bear flag, this market is waiting for a fall. this is the reason I am NOT so keen on the long side /ES hourly could form a neck line but price need to be a little bit more lower like 2126ish.

[Trades with cats]

Lots of web sites that I visit see SPX 2120 as the line in the sand and assume it will be heavily defended.

[Trades with cats]

It is obvious that SPX 2100 has the magic power of the 00 round number so you would think they would try to hold that until the Fed rate hike in December. Odds market (CME) has December at 65% (decision threshold is 60) and 9 of 12 regionals say yes to December at this time, same as before the last hike. Now with Drahi saying printing will stop next spring it is all on Kuroda and Carney and that B of E research paper this morning didn't look very positive for more printing.

[BullBear52x]

last sell failed, bulls turn from here.

[Trades with cats]

Back to a target rich zone filled with pivot points, yesterdays close and other goodies. ES 2137.50 to 2139.0

[Cobra]

forget about rebound would be sold. it's vacuum up, vacuum down then vacuum up again. range behavior. so cannot bull has legs as well, because it could be vacuum down again, nobody knows.

[brokebybernacke2]

swing buy sold...

[Cobra]

members only update at 12:15 pm
http://www.cobrasmarketview.com/2016/10 ... ay-update/

[BullBear52x]

bulls last struggle. crystal ball.

[Cobra]

seems stable, so the pullback should be bought.

[BullBear52x]

3 push up is done? Hmmm

Cobra?

[BullBear52x]

here is what I got now.