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No idea up or down from here.

Members only update starts here: http://www.cobrasmarketview.com/2020/03 ... ay-update/

Been down so long
Looks UP

SP.1 Jun Futs BUYING > 2,174.00

$SPX BUYING > 2,191.86 edit

Morgan Stanley Joins Goldman, JPM In Predicting Depressionary Crash; Expects Q2 GDP To Plunge 30%

Who is left to sell ?

ES 5. Nice move up 90 minutes ago. Pushing down again, beneath the EMA 20.

ES daily. Down to a support level.

Trading in TBF halted.

Dow 30. BA looking for liftoff. UTX and XOM dragging along the bottom.

ES 5. The morning's gains given back.

DHR Target + 30 %
From 127.01 to 165.19
+ 0.5 % Dividend

55 % Margins

The short side
SHORTS
5min
VIX faded from 71 at the open to 64 now

ES one minute. Scalp country. Taking a break ...

HAS Target + 64 %
From 49.23 to 80.72
+ 5.5 % Dividend

52 % Margins
22 % ROE

.
Macro Charts@MacroCharts
Dow Jones weekly RSI at 10th lowest of all time (125 YEARS). Every spike <20 produced Major bottoms within 0-1 weeks with only ONE exception (2008).
Many never retested. Be ready for anything – history doesn't repeat exactly, but charts suggest none of this is unprecedented.



.

On the 15min
there are lower lows
higher lows (the "leaders": smalls, fangs+ and semis.... )
and potential double bottoms

FTI Target + 104 %
From 6.65 to 13.56
+ 7.8 % British Dividend

QED wrote:....Dow Jones weekly RSI at 10th lowest of all time (125 YEARS). Every spike <20 produced Major bottoms within 0-1 weeks with only ONE exception (2008). Many never retested. Be ready for anything – history doesn't repeat exactly, but charts suggest none of this is unprecedented.
.

THANKS FOR THAT BOSS

Looks like bears won the battle. will or is testing the day low.

The five heaviest weights in SPY
hourly

Al_Dente wrote:

QED wrote:....Dow Jones weekly RSI at 10th lowest of all time (125 YEARS). Every spike <20 produced Major bottoms within 0-1 weeks with only ONE exception (2008). Many never retested. Be ready for anything – history doesn't repeat exactly, but charts suggest none of this is unprecedented.
.

THANKS FOR THAT BOSS