01/24/2020 Live Update

[Cobra]

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Double top or not, wait and see, 50% chances.

[Cobra]

Members only update starts here: http://www.cobrasmarketview.com/2020/01 ... ay-update/

[Heck]

All Three ISE Option Sentiment Indices = DOWN DOWN DOWN

Beijing Calls In Military to Wuhan

1917 Deja vu

Pandemic Polemic

Tide turned

$SPX SELLING Below 3,333.18

[Al_Dente]

Disney Shanghai closed

[Trades with cats]

Another feeble attempt to use Elliot Wave. Little green triangles are Future Trader 71 primary scenario for today. Which was fill the gap then move on up.

Edit- that is a Laguarrie Filter RSI and of course the MACD with Bollinger band at the bottom to help me identify waves.

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2020/01 ... ay-update/

[Cobra]

It's morning hourly filled black bar

[Trades with cats]

On paper that was the low for the day. But you know the difference between theory and reality.

[alphahorn]

wouldn't be surprised if we visited 3293 today

[Al_Dente]

Northman's Repo chart, day by day
https://www.zerohedge.com/s3/files/inli ... k=E33zU1p6

[Trades with cats]

ES 3316.50 is a number with a lot of recent history.

With the ECB and the Fed both offering to print to infinity I think this virus is going to have to start matching the doomer scenarios before we get the big pullback. Because it is a SARS variant you know they have already been working on a vaccine. So the doomer forecast of 65 million dead in 18 months is a long shot at this point.

[Trades with cats]

1400 buy orders sitting at 16.50, that is an extreme for the day for sure.

[Trades with cats]

Not political, a President Hillary would be saying the same today-
Trump says corona virus totally under control
So they are clueless and very worried about a general panic.

[JFR]

ES daily. In a base, at the top, above the EMA 20.

[JFR]

ES 5. Strong move down in the last hour, beneath the pivot. Finding some support.

[Cobra]

No sign of a rebound so far so maybe it's a down and down day but since mostly it'll be within the yesterday's range, I'll treat it as a range day anyway. And 65 million death, the doomer said? Are they serious?

[JFR]

ES, NQ, YM and RTY. Small gaps up overnight, filled and then some.

[Trades with cats]

Large pool of buy orders now at ES 14.50. Being limited to seeing 10 ticks either way is really limiting on days like this.

[JFR]

Dow 30. A mixed bag. INTC leading the parade. Dow Holdings trailing the pack.

[JFR]

These Dow 30 stocks have been making excellent gains. INTC, AXP, AAPL,HD.