12/19/2018 Live Update

[alphahorn]

almost there

[te_fern]

About as far out of the bottom of the box as we were above the box right after the announcement....

[Cobra]

now seems we're doomed again

[te_fern]

Do we break 2500 today???

[Trades with cats]

Clever thing about the Ninja trader factory volume profile is it keeps track of volume and range for the period you set it for. Today we are now at 80.5 points, or as I think of it or a $4,025 per contract drop. Mr Powell will now be painted Grinch Green by all the wits on twitter!

[te_fern]

A reminder what coolbiz said on Dec 17:
Also need to take out support at 2532.69 Feb.9th low to proceed further down to 2450-2350-2270 area.

[brokebybernacke2]

A reminder what coolbiz said on Dec 17:
Also need to take out support at 2532.69 Feb.9th low to proceed further down to 2450-2350-2270 area.

NOOOOOOOOO
good shot here for turn 2480s...or doom...

[MrMiyagi]

THIS ATTRACTION IS CLOSED

x

[te_fern]

Here's 2490....

[brokebybernacke2]

I am checking in just to see if any one still don't see a short term bottom. well here is SKEW bottom.

sure as heck dont feel like a typical bottom in...but who knows... vix backtesting a wedge breakout , dont want it nearing 25 again , big IHS potential

o boy...hold steady...

[Trades with cats]

Compressed spring, this sucker will rip a whole in your account if you go short without a stop. That was 10 points up in 60 seconds.

For the last time from me, Cobra says down markets are not fun to trade and to day is a very good example.

[Trades with cats]

Alistair on twitter who has a Reuters version of a Bloomberg just posted that Investment Grade North American Credit Default Swaps ( IG NA CDX) are blowing out.

[brokebybernacke2]

I am checking in just to see if any one still don't see a short term bottom. well here is SKEW bottom.

sure as heck dont feel like a typical bottom in...but who knows... vix backtesting a wedge breakout , dont want it nearing 25 again , big IHS potential

o boy...hold steady...

IHS on vix hourly target good for another 16 pts (41). if she breaks up, went right to neckline ...

[Al_Dente]

he's done
Now, what to worry about tomorrow:
U.S. jobless claims, out at 8:30 ET, are expected to increase to 215,000 from 206,000 a week earlier.

The Philadelphia Fed manufacturing survey for December, out at 8:30 ET, is expected to rise to 15.0 from 12.9 a month earlier.

The Conference Board's leading economic index for November, out at 10 ET, expected unchanged from the prior month.

[Al_Dente]

Here's 2490....

box target met

[Trades with cats]

There you go, from Twitter
"at 3:05 and for 1 full minute, a huge number of extremely large sell programs hit ..forced liquidations and margin calls no doubt... $SPY"

And now Warren in LA saying 1.45 billion to sell MOC. We were over a billion earlier this week.

[Trades with cats]

Two minutes until traditional margin calls go out.

[Cobra]

members only update at 3:30 pm
http://www.cobrasmarketview.com/2018/12 ... ay-update/

[brokebybernacke2]

vix ripe for a pop..daily. bulls must hold round here

[Trades with cats]

Quantifiable Edges saying on twitter market not extreme enough selling, no capitulation yet. So just a bad day, not "The Bad Day"