09/19/2018 Live Update

[Cobra]

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the pullback overnight looks like a bull flag. my guess is range day today.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/09 ... ay-update/

[Trades with cats]

Strange morning. Off the overnight lows to fail at yesterday's high. maybe the market expects some sort of news.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2018/09 ... ay-update/

[Trades with cats]

Here we go, higher high or double top and fail.

[ccash04]

Bonds getting sold aggressively again.. more so at long end vs. short end

[Daniel]

Bonds getting sold aggressively again.. more so at long end vs. short end

TLT is very extended from its 15min 200ema. It should have a snapback rally fairly soon.

TLT was very heavily traded in the pre-market this morning. At one point around 8:30am the volume in TLT was about 2/3 that of SPY--astounding for the pre-market.

[JFR]

Chop City. Taking a break. Back later ...

[Al_Dente]

note CPRT
online vehicle auctions company
missed earnings
(part of the S&P 500)

[Al_Dente]

MJ is the weed ETF, and its top two heaviest weights are Canadian

[QED]

MJ is the weed ETF, and its top two heaviest weights are Canadian

TLRY looks a little over extended!

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2018/09 ... ay-update/

[Trades with cats]

MJ is the weed ETF, and its top two heaviest weights are Canadian

TLRY looks a little over extended!

I don't think we have had a short squeeze like this since the Porsche VW thing several years ago. When it ends you know they will fall hard.

[Al_Dente]

SMALLS (top panel) will test a triple bottom
5min

[Trades with cats]

Pasta Boss, ES traders just saw your chart. No other possible explanation for that bear bar!

Limbo time, How low can it go!

[Al_Dente]

SMALLS
shorts will start covering
"trap" is possible

[mylock]

Pullback only after DOW ATH

[Trades with cats]

Short squeeze in S&P was yesterday, nothing left to squeeze.

[Trades with cats]

Breaking out from congestion, bid crossers are pushing this. Have two lower highs to erase so we will see how big is their bankroll!

[Trades with cats]

Wedge doesn't show as clearly on the five minute as it does on this 2000 tick. We have the first higher low but didn't get the higher high to go with it.

An experienced trader said last night that it takes several days for the big boys to roll their positions so on paper that would help to explain why we have been staying close to VWAP (Blue and Red Dash Dot line) for big chunks of the day this week.