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12/18/2019 Live Update

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Cobra
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12/18/2019 Live Update

Post by Cobra »

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Consolidation, breakout is more likely.
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Cobra
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Re: 12/18/2019 Live Update

Post by Cobra »

The members only update starts here: http://www.cobrasmarketview.com/2019/12 ... ay-update/

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te_fern
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Re: 12/18/2019 Live Update

Post by te_fern »

Broke thru yesterday's trend line by going sideways, now testing the bottom side....
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te_fern
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Re: 12/18/2019 Live Update

Post by te_fern »

Do we stay in the sideways channel again today???
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Cobra
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Re: 12/18/2019 Live Update

Post by Cobra »

The members only update at 10:00 am
http://www.cobrasmarketview.com/2019/12 ... ay-update/

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Heck
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Re: 12/18/2019 Live Update

Post by Heck »

Two/Three Opening Long C/P Option Sentiment Indices = UP UP
te_fern
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Re: 12/18/2019 Live Update

Post by te_fern »

That drop bounced at the mid pivot, see if it will now continue down to the bottom.....
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Cobra
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Re: 12/18/2019 Live Update

Post by Cobra »

It's a morning hourly filled black bar.
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te_fern
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Re: 12/18/2019 Live Update

Post by te_fern »

Key time down here at the bottom of the channel....
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Re: 12/18/2019 Live Update

Post by te_fern »

Getting a bounce, is it enough to move back to the top???
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Al_Dente
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Re: 12/18/2019 Live Update

Post by Al_Dente »

SKEW at 145 was too high (150 is extreme), EOD
(too many folks are buying lots of cheap OTM puts for portfolio protection)
1218skew.png.png
zh reported yesterday that “someone” bought 130,000 VIX Jan 22 calls
https://www.zerohedge.com/markets/vix-o ... tf-appears
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 12/18/2019 Live Update

Post by Cobra »

Obviously another boring range day.
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alphahorn
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Re: 12/18/2019 Live Update

Post by alphahorn »

I think the cash SPX sees 3202 today, so ES around 3206.
Subscription website www.alphahorn.com trading ETFs since 2011. Portfolio has grown from $100,000 to over $700,000 as of 11/19
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Al_Dente
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Re: 12/18/2019 Live Update

Post by Al_Dente »

That orange mm that Cobra drew last week, full target is at APPROXIMATELY 3208…. IF, IF, :shock: :shock: :o oy
60min
1218mm60.png.png
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te_fern
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Re: 12/18/2019 Live Update

Post by te_fern »

See if Top trend line holds now....
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te_fern
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Re: 12/18/2019 Live Update

Post by te_fern »

Which is also at the R2 pivot....
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te_fern
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Re: 12/18/2019 Live Update

Post by te_fern »

Holding so far. I personnally can't day trade this. Just not enough movement for my size.....
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Daniel
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Re: 12/18/2019 Live Update

Post by Daniel »

alphahorn wrote:I think the cash SPX sees 3202 today, so ES around 3206.
The Chaikin organization put out an SPX target of 3200 a couple weeks ago. We've been bumping up against that level now, for several days. Most daily chart indicators are resolutely bullish; but two of Mark Chaikin's favorites, the CMF and the Chaikin Oscillator, are showing bearish divergences from the prior recent price high.

They didn't say SELL at 3200, they said target 3200. It was in an interview on Bloomberg.
te_fern
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Re: 12/18/2019 Live Update

Post by te_fern »

Starting back down....
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Cobra
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Re: 12/18/2019 Live Update

Post by Cobra »

The members only update at 12:00 pm
http://www.cobrasmarketview.com/2019/12 ... ay-update/

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