Back to www.cobrasmarketview.com

10/11/2019 Live Update

User avatar
Mr. BachNut
Posts: 2688
Joined: Thu Feb 24, 2011 2:28 pm

Re: 10/11/2019 Live Update

Post by Mr. BachNut »

Looks like NYMO cycle flips to up today.
Want two closes above zero to confirm.

There is a big bolus of SPY calls at 300 expiring today.
Possible magnet?

Fresh gaps below, but if today's move isn't a trap, that last up gap target at SPX 3025.75 should close with the next NYMO up cycle.

I am long some SPX with one scale out done. Did not get a full position as the jackals broke this thing out while I was asleep. :x
I still have a little of my R2K short runner on. Getting schmeissed today but still has a slug of profit.
Expect to work into long next week.
NYMO 101119.jpg
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/11/2019 Live Update

Post by BullBear52x »

hoping last push today, 2% day for SPX? I don't think so.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 10/11/2019 Live Update

Post by Heck »

All Three C/P Opening Option Sentiment Indicators = DOWN

Gartman Stopped Out Of His Short Just One Day Later
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/11/2019 Live Update

Post by BullBear52x »

TRIN is above 1, let see who will win out. the deep pocket has an upper hands for sure.
My comments are for entertainment/educational purpose only. NOT a trade advice.
daytradingES
Posts: 2245
Joined: Thu Sep 13, 2012 10:46 am

Re: 10/11/2019 Live Update

Post by daytradingES »

does any know if/when the White house issues a report of the result of trade talks?
Thanks in advance!
Educational only and not trading advice (EO&NTA) :)
Good trading to all
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/11/2019 Live Update

Post by BullBear52x »

Cash SPX Fib update, for strong bulls 61.8% should hold.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
te_fern
Posts: 4017
Joined: Tue Nov 24, 2015 3:35 pm

Re: 10/11/2019 Live Update

Post by te_fern »

daytradingES wrote:does any know if/when the White house issues a report of the result of trade talks?
Thanks in advance!
I think the meeting is at 2:45, so sometime after that....
This is not investment or trade advice.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/11/2019 Live Update

Post by BullBear52x »

In the money already. :mrgreen:
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 10/11/2019 Live Update

Post by Trades with cats »

Could be yet more Brexit stuff.
User avatar
JFR
Posts: 10125
Joined: Sun Dec 02, 2012 7:24 pm

Re: 10/11/2019 Live Update

Post by JFR »

ES five minute. Back down to the EMA 20.

2019-10-11_0853.png
Charts posted are not recommendations. They are just a sharing of information.
flrtrader
Posts: 477
Joined: Thu Aug 25, 2011 1:58 pm

Re: 10/11/2019 Live Update

Post by flrtrader »

I see this whole stick save rally was/is on a great outcome from the trade front... An fed saying unlimited balance sheet support. Meaning there is NO NEWS left possible except (Dissapoint) I think that's what we are seeing now. I think Gap down Monday looking for a cycle low next Friday around 2825

I'm short 2990 ES...

Helmet on...

Best everyone!!
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/11/2019 Live Update

Post by BullBear52x »

I am sitting out now, let see how the buyers if any will step in here. now you see when I counter the chart. (make sure it's really overbought to do so. :D )
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/11/2019 Live Update

Post by Cobra »


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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/11/2019 Live Update

Post by Cobra »

this shouldn't happen in an uptrend day so be careful bulls.
Attachments
1.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
JFR
Posts: 10125
Joined: Sun Dec 02, 2012 7:24 pm

Re: 10/11/2019 Live Update

Post by JFR »

ES, daily, fifteen and five. Pullback to the pivot.

2019-10-11_0905.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/11/2019 Live Update

Post by BullBear52x »

Chart for the road: It's Friday! going into next week, if this holds up, more up side to come, this is a green shoot :D Trade well, Peace!
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

BullBear52x wrote:TRIN is above 1, let see who will win out. the deep pocket has an upper hands for sure.
Up/Down volume is very high, skewing TRIN.

Up to the last headline five minutes ago, it was a 86% Up Volume day.

Headline driving the spike down was:

CHINA HAS LARGELY FINALISED 'UNRELIABLE ENTITIES LIST' || CHINA'S PUBLICATION OF LIST DEPENDS ON HOW SINO-U.S. TRADE TALKS PROGRESS - SOURCES
User avatar
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Can anyone here remember what the typical QE amount was back in the Bernanke days? How does Powell's $60B/month of QEnotQE compare?
Last edited by MrMiyagi on Fri Oct 11, 2019 1:05 pm, edited 1 time in total.
User avatar
JFR
Posts: 10125
Joined: Sun Dec 02, 2012 7:24 pm

Re: 10/11/2019 Live Update

Post by JFR »

Nasty spike down to the opening price, at the pivot. Precursor?

2019-10-11_0947.png
Charts posted are not recommendations. They are just a sharing of information.
K447
Posts: 763
Joined: Fri Aug 26, 2011 10:43 am
Contact:

Re: Unreliable entities?

Post by K447 »

MrMiyagi wrote:
BullBear52x wrote:TRIN is above 1, let see who will win out. the deep pocket has an upper hands for sure.
Up/Down volume is very high, skewing TRIN.

Up to the last headline five minutes ago, it was a 86% Up Volume day.

Headline driving the spike down was:

CHINA HAS LARGELY FINALISED 'UNRELIABLE ENTITIES LIST' || CHINA'S PUBLICATION OF LIST DEPENDS ON HOW SINO-U.S. TRADE TALKS PROGRESS - SOURCES
Link?
What exactly is an UNRELIABLE entity?
Post Reply