Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 10:43 am
Lots of bets on a double bottom. (860 contracts)Same two points lower at 88.50
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05/07/2019 Live Update
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Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 10:45 am
breakdown with a good looking bear bar then it'd be downtrend day with perhaps later day reversal up. down and down day has been rare.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 10:47 am
I would agree with the IPO's coming we should find some support around here....Trades with cats wrote:te-fern I had not looked at a regular hours chart. Those gaps look like bomb craters! I have VWAP at 2901.50. You would think we would get there when the euro time zone crowed closes out their shorts for the day.
You saw the articles on how much Goldman gets for themselves plus several billion for clients on the Uber IPO so no way they let this get out of hand. Of course the White House will do what it can to help them get the market back up.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 10:50 am
DOM shows lumps at ES 2895 sellers, and ES 2888.25 2888.5 buyers.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 10:53 am
5min
1) SPX finally filled that 12 April gap
2) 1/VIX is starting to wedge
3) QQQ "knock three times" is failing; cyan box target just below that
1) SPX finally filled that 12 April gap
2) 1/VIX is starting to wedge
3) QQQ "knock three times" is failing; cyan box target just below that
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 10:54 am
As the people who are paid to write (cough, Cobra, cough) say, tops are a process. Looking for next week to turn ugly with the IPO stuff behind us and nothing but politics to move the market. 
Admit that this volatility is way more exciting to trade.
Admit that this volatility is way more exciting to trade.Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 10:55 am
First target tagged.Mr. BachNut wrote: We have two down gap targets within striking distance at 2888.32 and 2778.20.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 10:57 am
Pushing down for now.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 10:57 am
I am eyeing 78.25 (big dream)
but that is next level that make sense for now.
but that is next level that make sense for now.
Posted: Tue May 07, 2019 11:06 am
Super-bearish day with 92% down volume and VIX at 20. Thanks Donnie!
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 11:14 am
Still in bear channel....
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 11:24 am
IWM undercut yest's low (made at the open) and is now above, it may be bottoming...BullBear52x wrote:I think the bottom is in now...
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 11:30 am
Trying to escape to the upside....
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 11:32 am
Lol!! Just learned something new in the arena of “how brokers manipulate their clients accounts” -
Interactive Btokers pop up “we repriced your Stop Order so it would not cross your set stop price”
Had a stop for my SPY long at 288.11, just before it gets there they repriced and triggered at 288.12. Had not seen that before
So, I got long again immediately at 288.14 because they were doing me a favor!!!
Interactive Btokers pop up “we repriced your Stop Order so it would not cross your set stop price”
Had a stop for my SPY long at 288.11, just before it gets there they repriced and triggered at 288.12. Had not seen that before
So, I got long again immediately at 288.14 because they were doing me a favor!!!
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 11:38 am
wishful thinking, one more shakeout before a bottom is in today.
Re:
Posted: Tue May 07, 2019 11:38 am
It's making Mr. BachNut happy.MrMiyagi wrote:Super-bearish day with 92% down volume and VIX at 20. Thanks Donnie!
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 11:39 am
Ninja has a setting so your stops are on your computer, not at the brokers. Assume some other programs offer the same.
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 11:41 am
Did I just miss a Fed Announcement or a jobs report or something?
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 11:44 am
Riding the volatility. One minute chart on ES. Discrete moves large enough for scalps. Taking a break ...
Re: 05/07/2019 Live Update
Posted: Tue May 07, 2019 12:07 pm
members only update at 12:07 pm
http://www.cobrasmarketview.com/2019/05 ... ay-update/
http://www.cobrasmarketview.com/2019/05 ... ay-update/