07/25/2018 Live Update

[Cobra]

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rebound from here?

[Trades with cats]

Yesterday was normal volume at the two year median according to FT71 this morning, almost double the 600,000 contracts we have been seeing recently. But the volume profile was a square. So high volume, big range, no consensus on a fair price. Now this morning a big up channel as price has no problem retracing. Needless to say that works in both directions.

[te_fern]

The TICKs appear to be struggling at their MA lines.....

[Cobra]

members only update at 10:05 am
http://www.cobrasmarketview.com/2018/07 ... ay-update/

[Clueless]

The TICKs appear to be struggling at their MA lines.....

Based on your chart, the TICKs are forming bear flags and rolling over. We could see a major decline in the TICKs if they go below their lows from yesterday. But then again, they could move below their yesterday's lows as bear traps only to reverse and make a sharp run up. So confirmation will be key.

[te_fern]

bouncing... I'm watching this triangle...

[Trades with cats]

Should be a consolidation day. Eventually Cobra will confirm when he calls it a range. Should mean only the scalpers make money today especially if that last swing turns out to be typical.

[daytradingES]

big vol on one minutes and down bar

[daytradingES]

9:46 AM 7/25/2018
(sim trades)

[Al_Dente]

note today's response to earnings:
BA
KO
GM
UPS

[Trades with cats]

Its a wedge ! Stiff support at ES 2818 and not bad at 2819

[QED]

note today's response to earnings:
BA
GM

Apparently the ANALyst did not factor the tariff/inflation/material increases into their calculations PRIOR to earnings!

[Cobra]

ragne, so might move toward range high.

[te_fern]

Still in the triangle...

[te_fern]

Little pop... .let's see...

[Trades with cats]

resistance forming at ES 2825.50 or about three ticks above current congestion.

[te_fern]

Still above the line, we'll see.....

[Cobra]

testing range high as expected. there're some chances it'd break the range because QQQ is strong.

[te_fern]

Back testing the breakout??

[brokebybernacke2]

big gdp fri , apple next tues. skew still high and needs diffusion...290 spy calls august/early sept super cheap/ downside protection premium way too high - contrarian view.