11/09/2018 Live Update

[Rezito]

Haven't been here for a while. It's great to see this board is still alive.
My two cents...expecting the second down leg to begin anytime now. Target on SPX 2530 with a possible under cut before a bottom. Yesterday we hit a long term trend line around 2815.

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[Al_Dente]

BAC analyzed transaction and spending data from over 50 million active BAC credit and debit cards during the 2017 holiday season
https://bankofamerica40.newshq.business ... g_2018.pdf

[JFR]

Why is oil down?

https://www.cnn.com/2018/11/08/investin ... index.html

https://www.cnbc.com/oil/

[BullBear52x]

5DMA support, now it's time to look for counter trend setup, for now I think we see LOD for today, but she can fail too will see close to a counter trend setup now.

[BullBear52x]

Rip will be sold, so if they try V shape up it will be sold anyways.

[BullBear52x]

counter trend buy

[fehro]

Ugly dailies…mind the 200d .. it wants it .. 2763 …H&S SPX mind the gap * bearish wedge cyan break.. not good

[BullBear52x]

2x bottom or fail here for the counter trend setup

[BullBear52x]

It's Friday, they will land here today, and make next monday that much harder to predict if a support here or gap down? Peace!

[Cobra]

so far no sign of reversal. in order for it to happen, the blue line must be taken decisively then usually a revisit of the low.

[Al_Dente]

HAPPY HOUR

[MrMiyagi]

so far no sign of reversal. in order for it to happen, the blue line must be taken decisively then usually a revisit of the low.

I DON'T THINK IT WANTS TO REVISIT THE LOW, too bad it would make a better bounce setup for next week.

[tonghu]

happy 1.5 hour

[Cobra]

here's the later day reversal up and seems no revisit the low anymore and this is why trading downtrend day is hard on either side.

[MrMiyagi]

Hugging 20ema higher so far.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2018/11 ... ay-update/

[Cobra]

well, guess that's it for today. Monday has been a little bit bear friendly 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