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no idea up or down from here.

Dow futures swing wildly on conflicting signals from China and Walmart
David Goldman byline
By David Goldman, CNN Business

Updated 8:34 AM ET, Thu August 15, 2019

https://www.cnn.com/2019/08/15/investin ... index.html

members only update starts here: http://www.cobrasmarketview.com/2019/08 ... ay-update/

SPY daily. Up and down like a yo-yo.

Consolidating with a clear level of resistance, Very over sold market, buy.

DOW stocks.

BullBear52x wrote:Consolidating with a clear level of resistance, Very over sold market, buy.

bossman, careful.

brokebybernacke2 wrote:

BullBear52x wrote:Consolidating with a clear level of resistance, Very over sold market, buy.

bossman, careful.

breaking above 61ish will be nice, tight stop here.

Another crazy day on the markets. Good for scalping.

Back later ...

just a range day, take time to relax.

Cash SPX Fib. bulls got a chance this morning but not any more.

WEAK SAUCE MORNING

After the opening pop, S&P has been acting like a junkie crashing from a high.

Down volume was above Up volume since the open, European markets closing in 5 minutes, maybe we'll see some improvement after.

I am betting to the up side today, over sold expecting a dead cat bounce. buying in again. ( taking 5 handles as quick as I can)

POC is sitting at 50ish.

double bottom may have better chances here, let's see.

Nice 20 point move up started about 10 minutes before London/Frankfurt close. Guessing those traders buying to cover was the trigger. Right now looks like road kill sitting at the opening print with no energy.

The "IF'

Wishful thinking, I am on the Blue.