Back to www.cobrasmarketview.com

   

05/15/2020 Live Update

Re: 05/15/2020 Live Update

Postby Al_Dente » Fri May 15, 2020 10:56 am

Q and FANG wedge
5m
pink ma approximates the 5dma
515qfang.png.png
User avatar
Al_Dente
 
Posts: 24141
Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/15/2020 Live Update

Postby BullBear52x » Fri May 15, 2020 10:59 am

/ES pivot is about to give to da bears.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22750
Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/15/2020 Live Update

Postby te_fern » Fri May 15, 2020 10:59 am

Fell out of the bottom of the channel, looking for a back test, then a bigger fall.....
Attachments
SPX.PNG
te_fern
 
Posts: 3109
Joined: Tue Nov 24, 2015 3:35 pm

Re: 05/15/2020 Live Update

Postby Cobra » Fri May 15, 2020 11:00 am

The pullback probably means the range high was in, now seeking the range low.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 46107
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/15/2020 Live Update

Postby BullBear52x » Fri May 15, 2020 11:05 am

:mrgreen: will I wait for a late day rally? it's FRIDAY! half off bro's
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22750
Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/15/2020 Live Update

Postby BullBear52x » Fri May 15, 2020 11:07 am

Good support at /ES 2808ish, no support there bears will hit a home run.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22750
Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/15/2020 Live Update

Postby JFR » Fri May 15, 2020 11:21 am

ES 5. Down to the trendline. Back up to the pivot.


2020-05-15_0819.png
User avatar
JFR
 
Posts: 4243
Joined: Sun Dec 02, 2012 7:24 pm

Re: 05/15/2020 Live Update

Postby Al_Dente » Fri May 15, 2020 11:24 am

Dead-cat-bounce
failing at 5dma
515dead cat.png.png
User avatar
Al_Dente
 
Posts: 24141
Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/15/2020 Live Update

Postby JFR » Fri May 15, 2020 11:33 am

ES 5. On the range. Squeezed by the EMA 20 and the pivot.


2020-05-15_0831.png
User avatar
JFR
 
Posts: 4243
Joined: Sun Dec 02, 2012 7:24 pm

Re: 05/15/2020 Live Update

Postby BullTart » Fri May 15, 2020 11:38 am

Yoohoo...papa is calling... come to papa!

Din-din is getting cold!
Attachments
Screen Shot 2020-05-15 at 11.36.41 PM.png
User avatar
BullTart
 
Posts: 368
Joined: Thu Sep 01, 2011 12:23 pm

Re: 05/15/2020 Live Update

Postby BullBear52x » Fri May 15, 2020 11:57 am

It's Friday, I am sitting out, wait for new sell setup for the last trade. market is going nowhere :x
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22750
Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/15/2020 Live Update

Postby BullBear52x » Fri May 15, 2020 12:01 pm

This could turn bullish real fast too.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22750
Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/15/2020 Live Update

Postby Cobra » Fri May 15, 2020 12:01 pm

Probably the range low for this round was in, now trying to find the range high again.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 46107
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/15/2020 Live Update

Postby Daniel » Fri May 15, 2020 12:01 pm

BullTart wrote:Yoohoo...papa is calling... come to papa! Din-din is getting cold!

Well BullTart, sez IWM, you can keep yer stinkin TV dinner--we're actually thinking of breaking out to a fresh HOD.
:)

Very odd and bifurcated market right now, sector-wise.
Daniel
 
Posts: 3418
Joined: Fri Feb 10, 2012 4:27 pm

Re: 05/15/2020 Live Update

Postby BullBear52x » Fri May 15, 2020 12:06 pm

Last sell for today.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 22750
Joined: Tue Feb 22, 2011 3:47 pm

Re: 05/15/2020 Live Update

Postby Daniel » Fri May 15, 2020 12:06 pm

We noted the other day a sudden emergence of smallcap RS, after a period of underperformance, and it's showing up again today. IWM is the most domestic, and econo-sensitive, of the majors.
Daniel
 
Posts: 3418
Joined: Fri Feb 10, 2012 4:27 pm

Re: 05/15/2020 Live Update

Postby JFR » Fri May 15, 2020 12:07 pm

From John Carter ...


Screenshot_20200515_090924.jpg
User avatar
JFR
 
Posts: 4243
Joined: Sun Dec 02, 2012 7:24 pm

Re: 05/15/2020 Live Update

Postby Daniel » Fri May 15, 2020 12:12 pm

Cobra wrote:Probably just a range day.

This observation, made at 9:50am ET, seems to be coming to fruition.
At the noon check, both NYSE up/down volume and advances/declines were virtually even, one a bit negative the other a bit positive. On Friday at noon, with such a bleh configuration, there's rarely a dramatic move, absent a striking news item.
Daniel
 
Posts: 3418
Joined: Fri Feb 10, 2012 4:27 pm

Re: 05/15/2020 Live Update

Postby JFR » Fri May 15, 2020 12:16 pm

Another from Carter. Too negative? Not in my opinion. Just reality.


Screenshot_20200515_091544.jpg
User avatar
JFR
 
Posts: 4243
Joined: Sun Dec 02, 2012 7:24 pm

Re: 05/15/2020 Live Update

Postby Al_Dente » Fri May 15, 2020 12:19 pm

SPX intraday, today only
APPROXIMATELY
30 points made on the upside
28 points made on the downside
now, so far, 20 points made on the upside
User avatar
Al_Dente
 
Posts: 24141
Joined: Thu Jul 21, 2011 2:29 pm

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: No registered users and 14 guests