01/28/2020 Live Update

[JFR]

ES 5. Up to a higher level of resistance.

[Trades with cats]

King Henry 5th addressing his troops " “Once more unto the breach, dear friends, once more”

[te_fern]

Alpha, I now see where you're getting 3272. Thanks!

[Trades with cats]

Not feeling the love for that third leg up.

[te_fern]

Resistance??

[JFR]

https://www.marketwatch.com/story/gold- ... od=markets

[JFR]

Bias for 7 asset classes. DBC short. GLD long. IYR flat. SPY no man's land, scalps only. TLT long. USO short. UUP long.
Contrary moves today (except UUP), not cooperating.

Taking a break. Back later.

[Cobra]

So far looks like a strong uptrend day, not confirmed yet, but likely this bull shall have legs, unbelievable.

[JFR]

These have been good. Hold or fold by the end of the day.

[JFR]

ES 5. Breaking out above the pivot. Back later ...

[Al_Dente]

Internals at the moment
$NYADV:$NYDEC = bulls are 3.7x bears
$NYUPV:$NYDNV = bulls are 3.2x bears
VIX bull

(squeeze)

[Cobra]

Maybe finally more than 1 red bar this time. If the pullback is not sharp then finally it's a confirmed uptrend day.

[BullBear52x]

There should be more, captain obvious.

[Al_Dente]

11:15 ET Health and Human Services Dept
PRESS CONFERENCE
WH is considering limits on flights in/out of China

[Al_Dente]

"Americans should not worry about their own safety"
HHS

[Heck]

10:50 EST Blatant Attempt to Manipulate Market with Huge Call Option Orders ?

https://www.nasdaq.com/market-activity/isee-index

$TRIN Exceeded 33 Target

Target now 99.63

Time to Short ?

[BullBear52x]

For Swing positioning, 3280-3300 is good sell zone.

[Trades with cats]

"Americans should not worry about their own safety"
HHS

That is the needed confirmation that the experts are correct. This thing is out of control.
5 million potential sources scattered to the four corners of the planet. Average of 5 days spreading the virus before it becomes possible to detect symptoms. Reasonably contagious R0 factor. More cases than SARS at this point. Parabolic infection curves. At least the death rate is under 4%. Chinese claim they are 3 months out from a vaccine. By then the fragile world economy will be looking like crude oil prices.

This was from an English expert over the weekend. We are over 4,000 cases as of last night.

[JFR]

ES 5. Above the pivot. Beneath resistance. Riding the trendline up. Waiting for a breakout.

[BullBear52x]

I see 3 push up, my first sell and hold all day will be at 80's. one more push up to Papa. come....