10/02/2018 Live Update

[Cobra]

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no idea up or down from here. it's in a range, so no clear direction and likely a range day today.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/10 ... ay-update/

[te_fern]

TICKs look a little too bearish, may need some consolidation for the MA lines to catch up....

[te_fern]

ST trendline, let's see if it matters....

[te_fern]

Gold futures jumping this morning, up 14 points.....

[te_fern]

trendline and middle pivot provided some ST resistance.....

[Cobra]

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

[te_fern]

Bios have gotten clobbered the last 2 days....

[te_fern]

Update yesterday afternoon from coolbiz:

SPX at 2924.59, market has delivered a highly complex choppy wave fractals pattern. Best analysis is still as bearish EDT completed at 2940.91 on 9/21.
2937.06 should not be breached Or it may extend to 2944-2957 area first.
discl; hold shorts from SPX 2935.40, stop at 2940.

[te_fern]

Smalls downdraft continues this morning (8 day chart)....

[BullBear52x]

Intraday: sell, yesterday low is key for day trade, 2x bottom there or down trend we go. one rip coupon still active for intraday bears.

[te_fern]

A picture of BB52's yesterday low comment, we're watching for support their or a big drop if it breaks.....

[te_fern]

Also setting up for a nice triangle to aggravate all of us....

[Trades with cats]

Broken record comment time- The major source of liquidity at the highs is shut down until they report earnings in early November. So serious buying will need support from money going into ETFs.

[Al_Dente]

H&S target met on smalls

[te_fern]

Got a bounce back to the mid pivot.....

[Cobra]

possible double bottom. even if wrong, I think the low should be in or close anyway.

[BullBear52x]

sell first, bears got no excuse to make a new low or die

[Al_Dente]

"Amazon raises minimum wage to $15 for all 350,000 US workers"
https://www.theverge.com/2018/10/2/1792 ... ie-sanders

[BullBear52x]

Sell failed, Oy.......

Bulls turn