10/24/2018 Live Update

[Cobra]

members only update at 12:05 pm
http://www.cobrasmarketview.com/2018/10 ... ay-update/

[Cobra]

1st good sign, generally need a revisit to signal the bottom.

[BullBear52x]

Sell the rip, but I will not sell this one, it could be a bad choice ( Damn Bias)

[brokebybernacke2]

Sell the rip, but I will not sell this one, it could be a bad choice ( Damn Bias)

last few weeks have been repetitive bear flag setups....st the low is not in yet imo, soon, not sure when but not yet. int. term, love the r1 for the good bounce then the weekly pivot for a nice dump. ..

[BullBear52x]

Sell the rip, but I will not sell this one, it could be a bad choice ( Damn Bias)

last few weeks have been repetitive bear flag setups....st the low is not in yet imo, soon, not sure when but not yet. int. term, love the r1 for the good bounce then the weekly pivot for a nice dump. ..

Weekly is still on buy the dip, but that is too big of a time frame for me. I see next daily sell will be strong.

[MrMiyagi]

1st good sign, generally need a revisit to signal the bottom.

Bottom of the day revisit?

[BullBear52x]

Damn bias, I though the bulls will have some juice today, again, like last week, Hornless bull.

[Al_Dente]

INTERNALS
NY selling volume is at 3x buying volume
That’s plenty of selling, located in a handful of issues, in other words, selective selling

[MrMiyagi]

NYDEC revisiting day-high 1840 range, is Trump #winning yet?

[Al_Dente]

CNBC paraphrased: "Is this market just a bunch of wild beasts that will stampede at a moments notice, for no reason?"

[Trades with cats]

For later
https://www.yardeni.com/pub/buybackdiv.pdf
Too many good charts to post just one. Why is this important? Because the market is without it's primary source of new money. This is what happens without buybacks. Don't forget tomorrow night is the Earnings Extravaganza. Appetizer tonight.

[Al_Dente]

Damn bias, I though the bulls will have some juice today, again, like last week, Hornless bull.

BOSS: this is a 5min Heikin-Ashi that I’m sure I stole from you ages ago (I probably tweaked the EMAs)
It’s pretty specific in its red and greens
Why did u abandon it ??

[BullBear52x]

Damn bias, I though the bulls will have some juice today, again, like last week, Hornless bull.

BOSS: this is a 5min Heikin-Ashi that I’m sure I stole from you ages ago (I probably tweaked the EMAs)
It’s pretty specific in its red and greens
Why did u abandon it ??

1024heikin 5.png.png

like I said, I do the gut thinggy not TA, Damn bias did not sell the last leg down.

trading is all about how much can you profit on each leg up or down, I decided not to ride two good down legs, bummer

My guts is telling me dead cat bounce will be a good one and I hate to missed it.

Intraday I don't trade 5min.

[Trades with cats]

BEAR PORN WARNING

from Odd Stats on Twitter

[Al_Dente]

Damn bias, I though the bulls will have some juice today, again, like last week, Hornless bull.

BOSS: this is a 5min Heikin-Ashi that I’m sure I stole from you ages ago (I probably tweaked the EMAs)
It’s pretty specific in its red and greens
Why did u abandon it ??

like I said, I do the gut thinggy not TA, Damn bias did not sell the last leg down.
trading is all about how much can you profit on each leg up or down, I decided not to ride two good down legs, bummer
My guts is telling me dead cat bounce will be a good one and I hate to missed it.
Intraday I don't trade 5min.

[Trades with cats]

Three measured moves in a row puts us at yesterday's low. This is getting interesting!

[BullBear52x]

I was going to post this Friday, well, how about here now for a Bias TA. ( Weekly buy the dip) now you see where my deep thought are buried. GL Peace!

[Trades with cats]

We should replay that video of Bob Pisani explaining why the earnings blackout isn't significant.

[brokebybernacke2]

can we get some scare goin?

[MrMiyagi]

can we get some scare goin?

Lower low about to take out yesterday's lower low. Boo.