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10/31/2019 Live Update

10/31/2019 Live Update

Postby Cobra » Thu Oct 31, 2019 9:23 am

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no idea up or down from here.
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Re: 10/31/2019 Live Update

Postby Cobra » Thu Oct 31, 2019 9:26 am

the members only update starts here: http://www.cobrasmarketview.com/2019/10 ... ay-update/

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Re: 10/31/2019 Live Update

Postby BullBear52x » Thu Oct 31, 2019 9:31 am

Intraday is easy today, 40 is the pivot, I will lean very bearish under this level.
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Re: 10/31/2019 Live Update

Postby BullBear52x » Thu Oct 31, 2019 9:39 am

Happy Halloween!
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Re: 10/31/2019 Live Update

Postby BullBear52x » Thu Oct 31, 2019 9:42 am

5min. swing sell setup, Class B sell signal since we got HH on the print.
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Re: 10/31/2019 Live Update

Postby BullBear52x » Thu Oct 31, 2019 9:50 am

Another trend day possible, bears need to keep selling pressure by keeping $TICK under zero for an hour.
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Re: 10/31/2019 Live Update

Postby BullBear52x » Thu Oct 31, 2019 10:01 am

morning bears can not lose today. coffee time.
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Re: 10/31/2019 Live Update

Postby Cobra » Thu Oct 31, 2019 10:07 am


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Re: 10/31/2019 Live Update

Postby BullBear52x » Thu Oct 31, 2019 10:14 am

Bears got a high chance of hitting 23ish, but no more today.
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Re: 10/31/2019 Live Update

Postby BullBear52x » Thu Oct 31, 2019 10:18 am

Only price pays got another bearish reversal today, also weekly candle is now back to look bearish under here.
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Re: 10/31/2019 Live Update

Postby Mr. BachNut » Thu Oct 31, 2019 10:19 am

Signs of a turn?

NYMO is negative this morning.
Has been negatively divergent for awhile.
This could be corrective before the next push higher.
Multiple negative closes or a lower high lower low pattern would signal NYMO down cycle.

SPX is painting an inside day so far, but R2K highs and lows have been lower last two days.
The Dow has not made a new ATH, which is concerning.
The collection of down gaps is too big.
The keltner bands continue to narrow, which may presage a nice tradeable move.

Still long runners but readying to jam stops or possibly reverse in days ahead.

Happy Halloween...

NYMO 110119.jpg
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Re: 10/31/2019 Live Update

Postby Cobra » Thu Oct 31, 2019 10:21 am

no matter what I treat today as a range day because so far it's within yesterday's range and wait after it break below the yesterday's range generally would be too late to short.
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Re: 10/31/2019 Live Update

Postby BullBear52x » Thu Oct 31, 2019 10:34 am

Greed kills, even TOS is stalling atm. the PPT is hard at work.
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Re: 10/31/2019 Live Update

Postby Cobra » Thu Oct 31, 2019 10:36 am

I won't fall for this break down. red bars are getting bigger and bigger, it's a sign of rebound, so at least wait after the rebound.
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Re: 10/31/2019 Live Update

Postby BullBear52x » Thu Oct 31, 2019 10:36 am

I am sitting out now, wait for new sell setup.
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Re: 10/31/2019 Live Update

Postby Al_Dente » Thu Oct 31, 2019 10:40 am

Some alalysts are still bullish. Some are “underweight stocks”.
“Why Stocks Will Plunge 18% by Year-End Despite Fed Rate Cuts”
https://www.investopedia.com/why-stocks ... ts-4774639

Contrarians are alarmed at this:
“Among respondents [of the Big Money Poll conducted by Barron's] 31% are bearish on stocks, the highest level since the mid-1990s, while only 27% are bullish, less than half the proportion one year ago. 
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Re: 10/31/2019 Live Update

Postby Al_Dente » Thu Oct 31, 2019 10:43 am

1031twit.png.png
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Re: 10/31/2019 Live Update

Postby K447 » Thu Oct 31, 2019 10:53 am

Al_Dente wrote:
1031twit.png.png


Among the many things I dislike about Twitter's apps and web service, no proper timestamps on tweets. 4 minutes ago is NOT a useful reference for anything that is saved/reposted.

I use the Twitterific app to monitor my twitter feed. No ads, proper time stamps, and works well overall.

https://twitterrific.com

Twitterific works on iOS and Mac, IIRC
Last edited by K447 on Thu Oct 31, 2019 10:57 am, edited 1 time in total.
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Re: 10/31/2019 Live Update

Postby Al_Dente » Thu Oct 31, 2019 10:54 am

$NYDEC:$NYADV = 2.7x
$NYDNV:$NYUPV = 1.9x
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Re: 10/31/2019 Live Update

Postby Mr. BachNut » Thu Oct 31, 2019 10:55 am

For what it is worth, looking at the SPY option chain, it looks like a close between 300 and 302 tomorrow would cause a lot of pain.
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