Back to www.cobrasmarketview.com

   

10/12/2018 Live Update

Re: 10/12/2018 Live Update

Postby 1der » Fri Oct 12, 2018 2:40 pm

Trades with cats wrote:Pick your sides!
:o


Let's fantasize the market continues sell off through October and miraculously is around DOW 19k at end of month.

SPIN -
Repubs - See what happens when it looks like the Dems could possibly gain control? Get out and vote Repub to protect your wealth and job. The market will rally again once it knows we ares till in charge.
Dems - See how Repubs Tax cuts and policies have created a nightmare in that the markets are just starting to recognize, it has all been smoke and mirrors. We were doing just fine until these crazy tariffs and hand outs to the rich were instituted to create a hyper inflation threat and hugely increased government debt.

Insanity :roll:
1der
 
Posts: 526
Joined: Thu Mar 24, 2011 4:03 pm

Re: 10/12/2018 Live Update

Postby Trades with cats » Fri Oct 12, 2018 2:57 pm

ES VWAP at 2757 hasn't been touched for hours, still an obvious target for what appears to be yet another buy program.
Trades with cats
 
Posts: 6383
Joined: Sat Oct 11, 2014 4:40 pm

Re: 10/12/2018 Live Update

Postby Cobra » Fri Oct 12, 2018 2:59 pm

now double bottom or range to or just a rebound, wait and see. I think bulls might own the close today because fat bears might afraid of holding into weekend as it's usually the time for center banks to do something.
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: 41288
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/12/2018 Live Update

Postby Al_Dente » Fri Oct 12, 2018 3:00 pm

HAPPY HOUR
Image
User avatar
Al_Dente
 
Posts: 20914
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/12/2018 Live Update

Postby Al_Dente » Fri Oct 12, 2018 3:02 pm

WEEK AT A GLANCE (~hour early)
1012week glance.png.png
User avatar
Al_Dente
 
Posts: 20914
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/12/2018 Live Update

Postby Cobra » Fri Oct 12, 2018 3:47 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: 41288
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/12/2018 Live Update

Postby Cobra » Fri Oct 12, 2018 3:49 pm

well, guess that's it for today. Monday has been mixed recently. 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: 41288
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/12/2018 Live Update

Postby Cobra » Fri Oct 12, 2018 3:58 pm

as I said, bulls own the close.
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: 41288
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/12/2018 Live Update

Postby Daniel » Fri Oct 12, 2018 4:18 pm

A selloff into the close took the final SPY price down some, but at 276 it was able to close above both the 200sma (274.17) and 200ema (273.51) - per StockCharts

This was/is the absolute minimum bulls needed to do by the weekend.

IWM was again weak, and this is a disappointment to bulls--but better flat on the day than down...
Daniel
 
Posts: 3035
Joined: Fri Feb 10, 2012 4:27 pm

Previous

Return to Traders Lounge

Who is online

Users browsing this forum: Bing [Bot] and 14 guests