11/09/2018 Live Update

[Cobra]

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for now it looks like a bull flag so the pullback should be bought somewhere.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/11 ... ay-update/

[Daniel]

More weakness coming out of Asia:

Japan's Nikkei lost 1.1% (unchanged for the week).
Hong Kong's Hang Seng dropped 2.4%, widening this week's decline to 3.3%.
China's Shanghai Composite lost 1.4%, falling 2.9% for the week.
India's Sensex shed 0.2%, narrowing the week's gain to just 0.4%.

[BullBear52x]

1, 5, 60 min to daily are sell in all time frames.

for a daily, bears will expect nothing less than new LL, for shorter time frame sell the rips are the plays until it fails.......

[Daniel]

WTI crude has dropped to its lowest level since February, currently down 1.9% to $59.50/bbl. This places oil in bear market territory, down over 20% from its recent high.

[BullBear52x]

Unfilled gap, we will get to the first one for sure.

[BullBear52x]

new LOD from here we will most likely got a down trend day, I can not believe there is such thing

[Cobra]

members only update at 10:06 am
http://www.cobrasmarketview.com/2018/11 ... ay-update/

[Al_Dente]

NY declining stocks = 3x advancing stocks
NY declining volume = 4x advancing volume

[JFR]

Overnight gap down on YM, ES and NQ. Run down. Now at some support.

[Cobra]

members only update at 10:33 am
http://www.cobrasmarketview.com/2018/11 ... ay-update/

[JFR]

Big picture. SPY daily. No man's land. The market has not yet decided which way it wants to go.

[Al_Dente]

NY declining stocks = 3x advancing stocks
NY declining volume = 4x advancing volume

NY declining stocks = 2.3 x advancing stocks
NY declining volume = 3.3 x advancing volume

[Cobra]

revisits the morning low, breakdown would mean downtrend day with perhaps later day reversal, rebound from here then it's double bottom, likely the range low.

[Al_Dente]

Worth reading:
Bloomberg pegs explosion day at November 15, based on hedge-fund redemption requests
https://www.zerohedge.com/news/2018-11- ... to+zero%29

[BullBear52x]

another new LOD ding ding ding

[BullBear52x]

another new low, no counter trend setup insight.

[BullBear52x]

5 DMA is key support for now.

[Cobra]

members only update at 12:05 pm
http://www.cobrasmarketview.com/2018/11 ... ay-update/

[Cobra]

failed double bottom so the selling should accelerate here? anyway, for now I still expect a later day reversal up because down from open to close day was very rare.