07/24/2018 Live Update

[Cobra]

not good. the pullback may have legs.

[fehro]

SPX still very sloppy up move.. corrective looking

bears trying.

[Trades with cats]

Coolbizone covered his 20 contracts. Looking to reshort after a 5 point or so retrace (he is playing a fib retrace).

[fehro]

/ES

[fehro]

mind the H&S /ES 5m.. could see it drop another 10 points

[Trades with cats]

Twitter users all looking at small caps doing a really ugly triple top pattern. Also 'they' are saying Netflix and Microsoft have headed south.

[1der]

Overnight SPY PBars:
Three at 280.20 / 280.21 after yesterday regular session close
Two this morning 8am ET = 281.12 and 280.20 again

280.88 is in yellow because it was not cleared in regular hours
281.58 the highest PBar I have found was cleared today pre-market an just cleared regular session on this last drop but I am still showing that one in green

[Al_Dente]

top tech %
10 days
30min

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2018/07 ... ay-update/

[Cobra]

now see whether bulls can make a double bottom here.

[Trades with cats]

Buyers are lined up at the low volume node, ES 2820. Looks like a sure thing for a double bottom but the first drop into this range they pulled their orders, so maybe not such a sure thing.

[Cobra]

double bottom text book target.

[Trades with cats]

Relative volume drying up as we drift back down into support. Whops, not drifting anymore!

[Cobra]

possible mm down.

[Trades with cats]

Chewing into major support, volume spike delta bars exploding big and lots of specific price action (the circles on price bars)

[Al_Dente]

Russia sold US treasurys
What did they buy with all the sale proceeds?
Last week “trades with cats” surmised that they bought gold
Confirmed:
https://www.zerohedge.com/news/2018-07- ... to+zero%29

[Al_Dente]

the WSJ confirms the earlier report, noting that the Trump administration on Tuesday will announce a plan to extend some $12 billion in emergency aid to farmers amid growing concerns that the U.S. agricultural sector could suffer from President Donald Trump’s escalating trade dispute with allies, a person familiar with the matter said.

[Al_Dente]

"If you can't dazzle them with brilliance, baffle them with bullshit." W.C. Fields

[Trades with cats]

Never give a sucker an even break!

[Al_Dente]

15min
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