Page 1 of 4

03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 9:19 am
by Cobra
If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

    Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
    Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
    Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
    I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.
========================================================================================================================================================================

No idea up or down from here. Sharp down then it's lower high trend reversal, the rebound probably was over so better no sharp down.

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 9:22 am
by Cobra

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 9:41 am
by Al_Dente
"Sentiment Witnesses Rapid U-Turn From Greed To Fear, Raising Odds Of Bear Market Rally"
https://hedgopia.com/sentiment-witnesse ... ket-rally/

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 9:44 am
by brucekeller
I mean, today is also the day the Fed's primary dealers lost their liquidity requirements, so they can pretty much buy as much of practically anything they want, including stocks.

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 9:45 am
by merryme
FEAR:
Do you think it is because Spain is using an ice rink for a morgue?
Or maybe fear is back because Italy is NO LONGER helping those over 60 because they have too many young folks who need med attention?

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 9:48 am
by Al_Dente

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 9:49 am
by Al_Dente
MARK HULBERT:
March 18 high will turn out to be the high for the current cycle. And that’s crucial information, since historically the VIX peaks out before the market bottoms.
How much before? Based on bear markets since the VIX was created in the mid-1980s, the average lead time is 75 days. Add that number of days to March 18 and you arrive at the first day of June [and that’s his day for the bear market bottom].
...Morgan Stanley pointed out another straw in the wind that suggests a bottom may be in the not-so-distant future. In the past, “the catalyst for the volatility peak was always a policy response.” In recent days, of course…... policy responses.
The bottom line? Pay close attention to the VIX in coming days. So long as it doesn’t rise back to the vicinity of its March 18 high of 85.47, odds will grow that the bear market bottom is only a couple of months away.
https://www.thestreet.com/opinion/when- ... hit-bottom

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 9:55 am
by QED
.
Interesting video ...

PUG Stock Market Analysis LLC
A look back at where the SP-500 price has been the past 10 years and where it might be headed over the next 2 to 5 years.

https://www.youtube.com/watch?v=7GcOF3GMO6I

.

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 9:56 am
by Al_Dente

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 9:58 am
by BullBear52x
Bottom starts somewhere, we got all kinds of bottom signs.

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 10:06 am
by Al_Dente
BA is up 11% today
BA is the #6 heaviest-weighted stock in the dow
http://www.indexarb.com/indexComponentWtsDJ.html

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 10:06 am
by Cobra

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 10:10 am
by Heck
SPY Target + 33 %
From 249.05 to 331
+ 2.3 % Dividend Yield

Four Cobra Signal Watch UPs

BULLYA

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 10:12 am
by BullBear52x
Trend change chart pattern, internals also supportive for short term.

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 10:12 am
by Cobra
Testing yesterday's high, could be a consolidation or pullback first then we'll see.

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 10:16 am
by BullBear52x
mid band is not a bad bet to the upside.

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 10:20 am
by Al_Dente
INVERTED VIX
AD
Leveraged SPY
5min
326ad.png.png

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 10:28 am
by BullBear52x
If bulls failed here, it will be nasty day tomorrow, they can not afford it.

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 10:31 am
by QED
BullBear52x wrote:mid band is not a bad bet to the upside.

This is in the target area of what Elliott WaveTrack posted a few days ago:

https://twitter.com/ElliottWave_WTI/sta ... 9498510336

.

Re: 03/26/2020 Live Update

PostPosted: Thu Mar 26, 2020 10:39 am
by BullBear52x
QED wrote:
BullBear52x wrote:mid band is not a bad bet to the upside.

This is in the target area of what Elliott WaveTrack posted a few days ago:

https://twitter.com/ElliottWave_WTI/sta ... 9498510336

.


I like to see 5 wave and 3 correction waves with no new low, then the bottom is solid, for now anything still in the air. something like this.