01/29/2020 Live Update

[Trades with cats]

Solid advance stopped cold at yesterday's high for now. Kinda thinking this is a good spot for a range high. Am guessing we stay here for a while.

[JFR]

ES 5. Back down to support at the EMA 20.

Taking a break ...

[Al_Dente]

Hedge fund giant Seth Klarman:
about 31% of his fund’s portfolio was in cash to end 2019
warning this rally that has taken stocks to record highs could soon end
Klarman issued a similarly dire warning at the start of 2019

https://www.cnbc.com/2020/01/22/seth-kl ... n-out.html

[daytradingES]

Consolidation overnight so bias might be up. Roller coaster show at 2 pm, don't forget.

tHANKS cOBRA! I did forget...
wondered why price movement has stalled

BTW I like the new default font!

[daytradingES]

AAPL Effect Halo = DOWN

Black Bar Bear

SPX SELLING Below 3,292.26

Two/Three ISE Option Indices = DOWN DOWN

Undervalued ISE Index PUTS Five Times Calls = REALLY DOWN

thanks HEck

good post -- I'll have to follow this APPLE halo

Have you been tracking its effectiveness?

It called the first leg today which would have been good if I was up in time to follow it.

Does the signal work in pre-open -- that is, could you look at it BEFORE the open and have it work?
(I'm looking for a first leg indicator

[JFR]

https://www.marketwatch.com/story/stock ... od=markets

[daytradingES]

It's morning hourly filled black bar.

Thanks Cobra!

BTW if you note the low of the "morning hourly filled black bar"
perhaps you could add that value to your post please?
i.e. was the low of the bar 326.40 ??

Many thanks!

[JFR]

ES 5. Getting squeezed by the trendline, the EMA 20 and support/resistance levels. In a base. Waiting for a breakout.

[Al_Dente]

In the old days, that "famous VIX signal" had an 81% success rate. I don't know what the % success rate is currently, but today's signal is bull-spy.

[Cobra]

Members only update at 12:03 pm
http://www.cobrasmarketview.com/2020/01 ... ay-update/

[JFR]

ES 5. Still in that base. Barely moving. Riding, hugging even, the EMA 20, a safe place to be. Ha ha

[JFR]

UUP. Long the US Dollar. Bumpy ride since October. Good lately.

[Heck]

AAPL Effect Halo = DOWN

Black Bar Bear

SPX SELLING Below 3,292.26

Two/Three ISE Option Indices = DOWN DOWN

Undervalued ISE Index PUTS Five Times Calls = REALLY DOWN

thanks HEck

good post -- I'll have to follow this APPLE halo

Have you been tracking its effectiveness?

It called the first leg today which would have been good if I was up in time to follow it.

Does the signal work in pre-open -- that is, could you look at it BEFORE the open and have it work?
(I'm looking for a first leg indicator

welcome DayES
Works when it works
https://tinyurl.com/r7jhtxb

[Heck]

UUP. Long the US Dollar. Bumpy ride since October. Good lately.

2020-01-29_1012.png

UUP Target + 36 %
From 26.45 to 36

[Heck]

In the old days, that "famous VIX signal" had an 81% success rate. I don't know what the % success rate is currently, but today's signal is bull-spy.

VIX Target + 118 %
From 14.94 to 32.5
Time will tell

[Trades with cats]

That had to be a machine program.

[JFR]

ES 5. Mini-breakout. But still stuck in a base. Awaiting news.

[Al_Dente]

NO CHANGE

[Trades with cats]

Frank Zorrilla on twitter-It is a very interesting day today; 1,241 stocks are up from the OPEN vs 1,864 that are down from the OPEN. 91 stocks are up 4% or more vs 107 that are down 4% or more.

David Rosenberg on twitter-The Fed changed two words in its press statement. Must have been a really exciting FOMC meeting.

[Heck]

Three for the Long and Winding Road

NEM Target + 36 % from 44.04 to 60 + 1.26 % US Dividend

PAAS Target + 70 % from 14.94 to 32.5 + 0.64 % Canada Dividend

FCX Target + 108 % from 11.085 to 23 + 1.77 % US Dividend

https://www.youtube.com/watch?v=fR4HjTH_fTM