12/04/2019 Live Update

[Al_Dente]

1) OK so I added the fibbonacci on the price panel because bb52x
It coincides with my box. Cobra also showed a box but he never calls it a box.
2) I added inverted-TRIN behind the AD volume panel, because bb52x. Yes you can track TRIN intraday; it turned bull-SPX at ~ll:00 ET
3) And I added inverted-VIX behind AD just to see option-trader sentiment
Now it gets complicated; I prefer it easier
Back later.
5min

[Cobra]

now breakout on the upside is more likely and for real.

[te_fern]

Almost every day the moves have been big enough to get outside the 3rd pivot up or down. Will have to wait and see if its worth having the 3rd pivot.

[Al_Dente]

Almost every day the moves have been big enough to get outside the 3rd pivot up or down. Will have to wait and see if its worth having the 3rd pivot.

thanks boss keep us posted

https://school.stockcharts.com/doku.php ... vot_points

[Al_Dente]

triple/quad top
As Cobra would say: "key time"
AD favors bulls, but PRICE RULES

[Trades with cats]

It is Wednesday afternoon. If you are an other time frame money manager, do you buy today or wait for payrolls Friday morning to make a decision. Remembering that you now have a bonus if you can hold it up here through year end, and going all to cash is not an option.

[Cobra]

not an valid breakout yet, bulls need push harder.

[Al_Dente]

HAPPY HOUR

[alphahorn]

3115.50 is the key, if it holds, then we see a push up to 3121 perhaps 3123 by the close, if it trades at 3115.50, then 3111 is in play

[q2model]

cftc posts Weekly data on VIX futures, does anyone know how to get it? I am on this website and not sure what to download.

https://www.cftc.gov/MarketReports/Comm ... /index.htm

Thanks.
Q

[Cobra]

the breakout failed but at this stage it's hard to say whether there'd be a strong push up before the close. I mean I have no idea about the direction now.

[Al_Dente]

cftc posts Weekly data on VIX futures, does anyone know how to get it? I am on this website and not sure what to download.
https://www.cftc.gov/MarketReports/Comm ... /index.htm
Thanks.Q

I use hedgopia
https://hedgopia.com/

Look for it every week, late Friday or early Saturday
He calls it: "CoT: Peek Into Futures" (look for that)

[BullBear52x]

Chart for the road: internals are not good however you slice it. the gap and fill the old gap was impressive but I only see it as gap fill and the weakness should continue. new tool in my tool box shows too close to the cliff here. one more down day this thing will be under 50. Caution! Peace!

[JFR]

ES five minute. Beneath the EMA 20 and a trend line.

[Trades with cats]

Yesterday several twitter comments about the large buy at close imbalance, which is unusual. Today so far crickets.
That is a 30 day composite volume profile with the POC acting as support for now.

I'm thinking we go out with a whimper and then sell off hard in the 15 minutes after regular hours closes because all the up was based on unreliable rumors and the Fed pumping money. That and 1,500 sell orders sitting at 3117.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2019/12 ... ay-update/

[Cobra]

well, guess that's it for today. here's what Thursday looks like: https://stockcharts.com/public/1684859/ ... /533449387

thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449387

[QED]

A nice performance today for XBI after yesterday's inside day.
.