08/28/2019 Live Update

[Cobra]

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no idea up or down from here. possible range day.

[Cobra]

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

[JFR]

ES, NQ, YM and IWM. Small overnight gap down. Starting out on a downward slope.

[JFR]

ES daily. Today's candlestick makes it look like we are in choppy seas in a small boat.

[BullBear52x]

Nothing solid to run by, I am shooting for this, Buy

[JFR]

To the moon, Alice.

[BullBear52x]

20 handles in one straight up direction, can not get any crazier than this.

[Cobra]

members only update at 10:03 am
http://www.cobrasmarketview.com/2019/08 ... ay-update/

[JFR]

ES stopping for a drink of water. Back later.

[BullBear52x]

Now bulls earned one buy dip coupon intraday overall they still need to push over yesterday's high to seal the short term bottom. ( Range bottom)

[Daniel]

Dollar (uup) at multimonth highs recently, and thereabouts today--and Gold is going wild. Normal correlations are not applying right now. That is meaningful, somehow...

[Al_Dente]

Corporate insiders have sold an average of $600 million of stock per day in August, according to TrimTabs Investment Research.
August is on track to be the fifth month of the year in which insider selling tops $10 billion. The only other times that has happened was 2006 and 2007, the period before the last bear market in stocks, TrimTabs said.

https://www.cnn.com/2019/08/26/investin ... index.html

[BullBear52x]

New HOD will give us a trend day run, wishful thinking.

[BullBear52x]

Dream big, 20 more handles from here?

[Al_Dente]

“LEADERS” CHARTS update
Pink arrows mark the three that are at/near testing their June lows

[Al_Dente]

What have SMALLS been doing this year?
Nothing
Smalls are so close to a breakdown, while SPY is closer to a breakout.
DAILY

[BullBear52x]

What have SMALLS been doing this year?
Nothing
Smalls are so close to a breakdown, while SPY is closer to a breakout.
DAILY

The attachment 828done this yr.png.png is no longer available

my view on bigger picture, we are in bearish consolidation (no man's land) a breakout of yellow zone is needed to be certain, up or down.

[Cobra]

possible uptrend day but since it'd be within the yesterday's range so I treat it as a range day (long will have lots of potential resistance because of yesterday's range).

[Al_Dente]

my view on bigger picture, we are in bearish consolidation (no man's land) a breakout of yellow zone is needed to be certain, up or down.

[BullBear52x]

Cash SPX Fib, there's little problem passing through yesterday's late day spike.