Page 1 of 3

08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:22 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.
========================================================================================================================================================================

no idea up or down from here.

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:26 am
by Cobra

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:27 am
by JFR
5 minutes to the opening.

ES daily has bottomed temporarily. Moving up a bit. What is next? As Cobra suggests, who knows? But there was an overnight gap up.


2019-08-08_0625.png

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:31 am
by BullBear52x
/ES 1920 is floating on my crystal ball. buy.

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:32 am
by JFR
Overnight gap up on ES, NQ, YM and IWM.


2019-08-08_0631.png

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:35 am
by Daniel
From Sentimentrader posted yest:
This would be the 7th time since the end of the financial crisis that the Nasdaq reversed at least a 1.5% intraday loss, dipping below its lowest close of the past couple of months.

All 6 of the others rallied at least 3% over the next couple of weeks.

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:37 am
by JFR
Couple of spikes down, one before the opening at 6:17 on one minute SPY. Get hit later on the nose? We will see.


2019-08-08_0633.png
2019-08-08_0633.png (10.99 KiB) Viewed 1017 times

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:44 am
by BullBear52x
Cash SPX fighting over 5 DMA. new HOD from here will get us running up fast, or stall right here. I am bullish today.

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:47 am
by JFR
All's quiet. Beware. Ha ha

Dow leaders.


2019-08-08_0645.png

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:48 am
by JFR
Dow laggards.

Back later ...

Which way to go? Hmmm

Daily trend down, but on a bounce. Contra.

15 minute trend up, but on a pullback. Contra.

5 minute. Trend up, but on a pause. Goin' nowhere on a slow train.


2019-08-08_0646.png

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:49 am
by Daniel
All three majors were hanging within the OR-15... and all 3 just broke it to the downside.
..update: quick reversal, SPY has just broken it to the UPside... the other two not yet, but testing..

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 9:56 am
by BullBear52x
/ES resistance up there.

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 10:02 am
by ccash04
Legging short into individual issues not touching SPY or SPX as this could go quite a bit up waiting for better entry point to short there.

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 10:06 am
by Cobra

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 10:12 am
by Al_Dente
I posted this on 8/2:
The “AKRON OMEN” is a signal I use instead of the Hindenburg
It is based on the notion that a sustainable up-trend needs triple-digit new highs, and a sustainable down-trend needs triple-digit new lows, but NOT BOTH ON THE SAME DAY.
Such readings are a sign of a confused market.
Unlike the Hindenburg, the Akron signal is rare.
Yesterday [8/1] we got an Akron Omen signal.
The last signal was January 29, 2018


This is unheard of: we’ve now had three "Akron Omen" signals:
8/1 last Thursday
8/2 last Friday
8/7 yesterday
That’s bearish


But today, everything is fine :roll:

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 10:13 am
by Daniel
Price struggling at or near the top of the OR-30 now.

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 10:17 am
by BullBear52x
Daily Trend following, buy dips.

Buy/Sell until it fails.

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 10:18 am
by BullBear52x
The captain obvious

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 10:20 am
by Al_Dente
1/VIX, Options traders, bull-spy
88vix.png.png

Re: 08/08/2019 Live Update

PostPosted: Thu Aug 08, 2019 10:31 am
by Al_Dente
a few of the 8/5 gaps have been filled, not all
8_8gaps.png.png