Back to www.cobrasmarketview.com

   

08/29/2018 Live Update

Re: 08/29/2018 Live Update

Postby Trades with cats » Wed Aug 29, 2018 12:50 pm

All I am seeing is that the buying stopped promptly with the Euro zone close this morning in a pattern we have seen several times the last couple of weeks. Big move into the Euro close or thereabouts followed by sideways range for the rest of the day. Now why that extra 10% volume that they provide makes a difference, I do not know. And I do not know what the S&P looks like in Euros or Pounds, but it's not the same as ours!
Trades with cats
 
Posts: 6355
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/29/2018 Live Update

Postby brokebybernacke2 » Wed Aug 29, 2018 1:14 pm

LT, if this bearish harmonic plays out, min target 3100s (1.27) sp.
bulls on parade.
Attachments
sc.png
brokebybernacke2
 
Posts: 1333
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/29/2018 Live Update

Postby QED » Wed Aug 29, 2018 2:15 pm

Trades with cats wrote:I do not know what the S&P looks like in Euros or Pounds, but it's not the same as ours!

http://www.livecharts.co.uk/daily_chart ... charts.php
QED
 
Posts: 675
Joined: Wed Feb 11, 2015 2:04 pm

Re: 08/29/2018 Live Update

Postby brokebybernacke2 » Wed Aug 29, 2018 2:58 pm

canada news fri, take off!
Attachments
hoser.png
brokebybernacke2
 
Posts: 1333
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/29/2018 Live Update

Postby Trades with cats » Wed Aug 29, 2018 2:58 pm

Thanks :)
Trades with cats
 
Posts: 6355
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/29/2018 Live Update

Postby Al_Dente » Wed Aug 29, 2018 3:01 pm

HAPPY HOUR
Image
User avatar
Al_Dente
 
Posts: 20878
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/29/2018 Live Update

Postby Trades with cats » Wed Aug 29, 2018 3:03 pm

ES 09-18 (2000 Tick) 2018_08_29 (12_59_08 PM).png

here comes VWAP (and the Mid). Usually touches price sometime before the close. But not always.
Trades with cats
 
Posts: 6355
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/29/2018 Live Update

Postby Trades with cats » Wed Aug 29, 2018 3:04 pm

five waves from 57.png

Elliott wave bear porn from Twitter.
Trades with cats
 
Posts: 6355
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/29/2018 Live Update

Postby Cobra » Wed Aug 29, 2018 3:17 pm

testing day high, see whether bears can make a double top here which I doubt, I think breakout is more likely. It's C&H instead of double top.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 41237
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/29/2018 Live Update

Postby brokebybernacke2 » Wed Aug 29, 2018 3:19 pm

Trades with cats wrote:
five waves from 57.png

Elliott wave bear porn from Twitter.


thanks, have seen that, but also have seen the 5 waves complete/ top call numerous times on twitter/various sources over last 3 years. EW seems to be more accurate in hindsight, which is too late :)
brokebybernacke2
 
Posts: 1333
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/29/2018 Live Update

Postby Trades with cats » Wed Aug 29, 2018 3:27 pm

Elliot Wave is a great naming convention but difficult to use for forecasting. That's why I repost Coolbizones stuff. To show another way of looking at things, he wants his stuff re-tweeted and he makes it work. By the way he has met his self imposed challenge of $300,000 profit for August. It is educational to watch him work it out.
Trades with cats
 
Posts: 6355
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/29/2018 Live Update

Postby Cobra » Wed Aug 29, 2018 3:50 pm


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 41237
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/29/2018 Live Update

Postby Cobra » Wed Aug 29, 2018 3:51 pm

well, guess that's it for today. Thursday tomorrow has been mixed. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 41237
Joined: Sat Feb 12, 2011 10:29 pm

Previous

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot] and 18 guests