Back to www.cobrasmarketview.com

   

09/10/2019 Live Update

09/10/2019 Live Update

Postby Cobra » Tue Sep 10, 2019 9:19 am

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.
========================================================================================================================================================================

2 legged down already but didn't go far so maybe the pullback is near over if not already over?
Attachments
ES60min.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 44263
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/10/2019 Live Update

Postby Cobra » Tue Sep 10, 2019 9:22 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 44263
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/10/2019 Live Update

Postby JFR » Tue Sep 10, 2019 9:33 am

Overnight gap down on ES, NQ and YM.


2019-09-10_0632.png
User avatar
JFR
 
Posts: 2740
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/10/2019 Live Update

Postby JFR » Tue Sep 10, 2019 9:36 am

ES daily. Well above the EMA 20. Down a bit from the top of the base. It seems like much uncertainty in the markets.


2019-09-10_0634.png
User avatar
JFR
 
Posts: 2740
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/10/2019 Live Update

Postby JFR » Tue Sep 10, 2019 9:44 am

Down to the Pivot on NQ and YM. One minute. Looking for support.


2019-09-10_0643.png
User avatar
JFR
 
Posts: 2740
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/10/2019 Live Update

Postby BullBear52x » Tue Sep 10, 2019 9:49 am

This is going lower, I got up late today, so will see, got to be careful on the buying from here.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 21279
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/10/2019 Live Update

Postby Trades with cats » Tue Sep 10, 2019 9:52 am

ES 09-19 (15 Minute) _ ES 09-19 (15 Minute) 2019_09_10 (7_49_55 AM).png
Dipping a toe into the abyss. Doubtful if this entire gap down will close today but you never know.
Trades with cats
 
Posts: 8127
Joined: Sat Oct 11, 2014 4:40 pm

Re: 09/10/2019 Live Update

Postby BullBear52x » Tue Sep 10, 2019 9:57 am

I will buy the gap filled. I am expecting a late day reversal today.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 21279
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/10/2019 Live Update

Postby Cobra » Tue Sep 10, 2019 10:01 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 44263
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/10/2019 Live Update

Postby JFR » Tue Sep 10, 2019 10:05 am

MRK and V show losses.


2019-09-10_0704.png
User avatar
JFR
 
Posts: 2740
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/10/2019 Live Update

Postby JFR » Tue Sep 10, 2019 10:12 am

Some of the DOW stocks heading south today.


2019-09-10_0711.png
User avatar
JFR
 
Posts: 2740
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/10/2019 Live Update

Postby BullBear52x » Tue Sep 10, 2019 10:14 am

The dip buyers will jump in here, lower wedge.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 21279
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/10/2019 Live Update

Postby JFR » Tue Sep 10, 2019 10:14 am

It is not all bad today. Some DOW stocks doing well.


2019-09-10_0713.png
User avatar
JFR
 
Posts: 2740
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/10/2019 Live Update

Postby JFR » Tue Sep 10, 2019 10:18 am

Quiet time on ES and NQ. YM seems to be having a battle between the bulls and the bears.

Back later.


2019-09-10_0716.png
User avatar
JFR
 
Posts: 2740
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/10/2019 Live Update

Postby Trades with cats » Tue Sep 10, 2019 10:19 am

ES 09-19 (5 Min Volumetric) 2019_09_10 (8_14_37 AM).png

The details of today so far.
Trades with cats
 
Posts: 8127
Joined: Sat Oct 11, 2014 4:40 pm

Re: 09/10/2019 Live Update

Postby Al_Dente » Tue Sep 10, 2019 10:27 am

Unreal, LOD on SPX, HOD on smalls
Perhaps too many folks read the post on zh yesterday:
Small-cap value and small-cap growth are under-represented (or left out entirely) in the passive index funds, so when the passive ETF bubble bursts, they [small value] will be the few names left standing.
Sounds like such a reasonable hypothesis, I had to test it.
It doesn’t work that way, at least going back to 2000
Can’t these morons back-test their own bullshit
SLYV, SLYG… don’t even bother....
User avatar
Al_Dente
 
Posts: 22759
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/10/2019 Live Update

Postby Al_Dente » Tue Sep 10, 2019 10:36 am

Meantime i have to wade through McElligott's dramatic morning note [he's been right for a year ++].
https://www.zerohedge.com/markets/quant ... to+zero%29
User avatar
Al_Dente
 
Posts: 22759
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/10/2019 Live Update

Postby QED » Tue Sep 10, 2019 10:49 am

Al_Dente wrote:Can’t these morons back-test their own bullshit

:lol: :lol: :lol:
QED
 
Posts: 792
Joined: Wed Feb 11, 2015 2:04 pm

Re: 09/10/2019 Live Update

Postby Al_Dente » Tue Sep 10, 2019 10:49 am

warning: stockcharts is unstable now
User avatar
Al_Dente
 
Posts: 22759
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/10/2019 Live Update

Postby Mr. BachNut » Tue Sep 10, 2019 10:54 am

Mr. B with the last post for awhile as I am heading out of the country for a nice trip.

The NYMO cycle is up.
It is dipping a little this morning, but otherwise is pretty healthy.
That said, a corrective move to the zero line would not surprise in the next few days.
The roll from the September to December ES contract is on deck, and it is not unusual for there to be a countertrend flush.
A downdraft to support around 2940 could do the trick.
Also this NYMO upcycle has been running 25 days now and can be considered mature.

Pricewise the index seems to be lackluster in this attempt to regain the ATH and close those open gaps above.
Perhaps a friendly central banker or tweeting president can inspire the bulls.
If the bulls can't find some mojo, the big ascending wedge (blue orange) could come into focus.
We're in the third push up, and this is unfolding within a possible big broadening formation. :shock:
I don't know what will happen, but these patterns are intriguing.

I am still long an SPX runner position with BE stop.
I also have an R2K long with one scale taken. I may take another scale (prematurely) and jam a stop before getting on a plane.
Given that I will be unavailable (but for maybe end of day checks) for a week and a half, the Fates may choose to initiate an important and tradeable market move while I am away. :roll:
This has happened enough over the years for me to be suspicious...

NYMO 091019.jpg
User avatar
Mr. BachNut
 
Posts: 2423
Joined: Thu Feb 24, 2011 2:28 pm

Next

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot] and 6 guests