Page 1 of 4

05/10/2019 Live Update

Posted: Fri May 10, 2019 9:23 am
by Cobra
If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
  • Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
  • Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
  • Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
  • I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.
=============================================================================================================================================================================

higher low or not (therefore the low was in), wait and see. Tariff was increased but so far the market is calm. range day possible today.

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 9:27 am
by Cobra

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 10:03 am
by Cobra

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 10:28 am
by Cobra

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 10:32 am
by Cobra
probably more down but as long as it's in the yesterday's range, I'd treat it as a range day.

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 10:41 am
by Cobra
testing yesterday's low, key time. normally should be break down then watch if any sharp reversal up to trap bears.

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 10:59 am
by Cobra
looks like down is more likely which if indeed, it'd be a downtrend day.

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:05 am
by Al_Dente
Is anyone on the schwab platform?
Is it down or just me?

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:08 am
by ccash04
Al_Dente wrote:Is anyone on the schwab platform?
Is it down or just me?
Mobile App is working, not sure about site or their trading platform software.

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:09 am
by ccash04
All week it has been rebound after selling hard, I think today, we might just sell all day. Of course a tweet can change all that so position sizing and nimbleness is key.

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:13 am
by te_fern
Can't stay above the diagonal line...

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:14 am
by Al_Dente
ccash04 wrote:
Al_Dente wrote:Is anyone on the schwab platform?
Is it down or just me?
Mobile App is working, not sure about site or their trading platform software.
thanks boss :D mine is back up now

ELSEWHERE
‏zh retweeted this 15min ago; i can't verify it...
@govttrader
Trump currently talking to market strategists about what tweet content would best cause ES futures to rally this afternoon.
stay tuned...

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:15 am
by te_fern
Added bottom line for the crash channel....

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:21 am
by Al_Dente
te_fern wrote:Added bottom line for the crash channel....
nice chart boss :D thanks

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:30 am
by Al_Dente
Options traders are still buying puts, but not nearly as aggressively as yesterday
I’d swear they’re ready to flip the moment they see a tweet
510vix.png.png

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:50 am
by BullBear52x
I left town two days and you guys crashing the market?

Dead cat bounce is the thinking. I need to go through charts to find blood on the street. :lol:

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:51 am
by BullBear52x
OK, my chart told me buy anything that walks above 32. BUY

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:52 am
by Al_Dente
UBER just opened
I think the IPO price was $42 (they had been talking $45)

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 11:55 am
by BullBear52x
Weekly gap filled.

Re: 05/10/2019 Live Update

Posted: Fri May 10, 2019 12:01 pm
by Cobra