03/21/2019 Live Update

[Cobra]

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3 push down and as always assume there's another push before rebound can be possible.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2019/03 ... ay-update/

[BullBear52x]

sell first, weak all night a rebound here is normal.

[BullBear52x]

all the way to overnight high, wow, don't fight the fed is back.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2019/03 ... ay-update/

[BullBear52x]

my pivot is at 32 now. not a good start for me today, sell @31.

[Trades with cats]

Overnight pattern. Next question is what will the euro zone traders do over the next half hour, close out or hold "overnight". Why do we care? because they are typically 10% of the volume and they see a different price than we do because of the currency situation.

[Trades with cats]

Huge moves in the bond market has to be forcing risk parity funds to do something. Also end of quarter re balancing by pension funds is no longer sell equities buy bonds.

[Al_Dente]

...... end of quarter re balancing by pension funds is no longer sell equities buy bonds.

boss please explain...
looks to me like next week's rebalance will require sell stocks/buy bonds

[Trades with cats]

My bad, I was thinking that with rates back to the Jan 2018 levels they would be sitting on a nice gain on the bond portfolios.

[te_fern]

Will this trendline cause a lower high???

[BullBear52x]

SPX cash, bull are in a good shape still.

[Mr. BachNut]

Odd morning so far.
NYMO up but still below zero intra-day and TRIN spiking high.
TRIN this high usually coincides with stocks closing near lows of the day.

So, either TRIN reverses hard or price reverses hard or it is just a weird day.

[Cobra]

maybe it's an uptrend day, I'm not sure, will know in the next few bars, but since it's mainly in the yesterday's range so I treat it as a range day which means I won't chase high.

[te_fern]

It's heading to the trendline....

[Trades with cats]

Lights are going out on buybacks, so today and tomorrow are pretty much empty the account.
Alphabet 4/22
Facebook 4/24
Amazon and Microsoft 4/25
Apple 5/7
Not a buyback stock, Netflix 4/16

[Trades with cats]

[Trades with cats]

Ding Ding Ding. ES 2850, FT 71's line in the sand between bull and bear moving forward.

[BullBear52x]

I reversed on time and now back selling again. today will have to use an unconventional trade technique.

[te_fern]

Didn't even pause....