05/12/2020 Live Update

[Cobra]

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Double top or not, wait and see.

[JFR]

ES daily. Inside bar, so far, between the EMA 20 and resistance.

[Cobra]

Members only update starts here: http://www.cobrasmarketview.com/2020/05 ... ay-update/

[JFR]

ES 5. All is quiet so far.

[BullBear52x]

Today will be tough start, I am leaning bearish but the overnight reversal, a little warning that bulls got a lot more bullets than the bears. a little more up will be best sell setup, will see very close now.

[BullBear52x]

I am on the south bound. chooochuuu

[Al_Dente]

The New York Fed announced it will start buying corporate-bond ETFs on Tuesday (5/12, today).
The Fed said most of the purchases would be in ETFs with exposure to U.S. investment-grade corporate bonds, but some of the purchases will be of ETFs of U.S. high-yield corporate bonds [see LQD and HYG]. 

[JFR]

ES 5. Down beneath the EMA 20.

[BullBear52x]

top fail, bottom is initial target.

[BullBear52x]

What an easy day for da morning bears. always half out.

[Cobra]

Volume surge, red bar got bigger and bigger so maybe a rebound here first then we'll see. Probably just a range day.

[Cobra]

Members only update at 10:00 AM
http://www.cobrasmarketview.com/2020/05 ... ay-update/

[JFR]

ES 5. At the pivot.

[Cobra]

Last chance for bears, break above the EMA20 then range low was in.

[Cobra]

Double bottom, 51% chances.

[Al_Dente]

15min

[Al_Dente]

FANGs are pushing up towards HOD

[Cobra]

Double bottom text book target but remember, in a range day, nothing last.

[JFR]

Dow 30. Action both ways. Slightly more green.

[Heck]

SP.1 Jun Fut SELLING < 2,939.25
$SPX SELLING < 2,945.82
SPY SELLING < 294.24
QQQ SELLING < 228.10

Not drinkin' the Lucking Coffee