12/31/2018 Live Update

[Cobra]

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consolidation, so may try to make a breakout again.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/12 ... ay-update/

[JFR]

Overnight/weekend gap up on ES, NQ, YM and IWM.

[brokebybernacke2]

think it gonna be a good day

[JFR]

IWM fills the overnight gap.

[Trades with cats]

Opening gap was mostly generated when Asian markets opened based (according to the media) on a positive trade tweet. European session pretty range bound so far and North American seems to be following. General rule is those rumor news based moves on low volume are pretty easy to reverse.

[JFR]

Discernible trends, to a degree, on pullbacks and pauses, and then there is UUP, which is just chaotic.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2018/12 ... ay-update/

[JFR]

Big picture. One year on the daily. SPY.

Beneath the January 2nd close. Climbing back up the last few days. But not a pretty picture. The bulls are always ready, armed with hope.

[Cobra]

it's morning hourly filled black bar.

[te_fern]

Watching this larger triangle today....

[daytradingES]

test

too many internal server errors -- can't get a post in

[daytradingES]

fern
sent msg with levels

[JFR]

ES and NQ down to support at the Pivot. Back later ...

[te_fern]

dtES's estimates for the day and comments..

Levels
2517.25
2458.25

most indications are flat.
There was a possibility to push to 2929 or 2538 but that could come Wednesday.
Rng est 34, 57.50 and 107
Going with the narrow
Thinking narrow trendless.

Dir= toss-up but some indications for down. Not enough to count on..

[te_fern]

dtES range and a small pasta box!

[te_fern]

Triangle has been holding, a potential breakout is happening now...

[1der]

SPY PBar at ~ 247.74 from this morning and last Friday evening.
MSFT PBar at 100.40 from this morning.

[Al_Dente]

dtES range and a small pasta box!

a pasta box has to touch twice at the top and twice at the bottom (roughly) BEFORE trapping and dicking around
Happy New Year boss

[Trades with cats]

For fun, IF it is going to be one of those V shaped days then we are within an hour and a half window of higher probability for a low of the day.