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08/14/2020 Live Update

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Cobra
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08/14/2020 Live Update

Post by Cobra »

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No idea up or down from here. Maybe an ascending triangle is in the making. Possible range day.
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Cobra
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Re: 08/14/2020 Live Update

Post by Cobra »

The members only update starts here: http://www.cobrasmarketview.com/2020/08 ... ay-update/

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Heck
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Re: 08/14/2020 Live Update

Post by Heck »

SPY SELLING < 337.34 edit

Two/Three ISEE Indices = DOWN DOWN
Index ISEE Long Opening Undervalued PUTS 5.5 Times calls = DOWN DOWN DOWN DOWN DOWN

BEARYA
Last edited by Heck on Fri Aug 14, 2020 12:18 pm, edited 6 times in total.
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Cobra
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Re: 08/14/2020 Live Update

Post by Cobra »

Testing yesterday's low, strong rebound would be double bottom therefore the low might be in, watch.
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Cobra
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Re: 08/14/2020 Live Update

Post by Cobra »


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Cobra
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Re: 08/14/2020 Live Update

Post by Cobra »

It's morning hourly hollow red.
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Al_Dente
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Re: 08/14/2020 Live Update

Post by Al_Dente »

Retail sales rose 1.2% last month after advancing 8.4% in June.
Economists polled by Reuters had forecast retail sales would rise 1.9% in July.
https://www.reuters.com/article/us-usa- ... SKCN25A1OJ

But consumers boosted purchases at electronics and appliance stores, which soared 22.9%, likely reflecting strong demand as many Americans work from home.
Last edited by Al_Dente on Fri Aug 14, 2020 10:13 am, edited 2 times in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Heck
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Re: 08/14/2020 Live Update

Post by Heck »

Cobra wrote:It's morning hourly hollow red.
Hollow red = SPY down ?
Heck
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Re: 08/14/2020 Live Update

Post by Heck »

SentimenTrader
@sentimentrader

Traders rarely this bearish on the Dollar

Large speculative Dollar net positioning at lowest level in 3 years

Crucial risk for equities

Dollar rally could put significant pressure on stocks

https://twitter.com/sentimentrader/stat ... 60/photo/1

BEARYA
Last edited by Heck on Fri Aug 14, 2020 12:17 pm, edited 1 time in total.
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Re: 08/14/2020 Live Update

Post by Heck »

David Rosenberg
@EconguyRosie

Bank stocks down with bond yields up is a yellow card and could speak to credit issues
As for market, what sort of bull phase ever co-existed with banks off 30%?
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Re: 08/14/2020 Live Update

Post by Heck »

Last edited by Heck on Fri Aug 14, 2020 11:12 am, edited 1 time in total.
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Al_Dente
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Re: 08/14/2020 Live Update

Post by Al_Dente »

Rosie via Heck "As for market, what sort of bull phase ever co-existed with banks off 30%? "
Weekly, 10 years, Banks with SPX overlay in purple:
814banks.png.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 08/14/2020 Live Update

Post by BullBear52x »

5 DMA gave a good support so far, next rip will be sold on this swing setup.
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Re: 08/14/2020 Live Update

Post by BullBear52x »

Overall markets, bulls are weak but not out.
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Cobra
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Re: 08/14/2020 Live Update

Post by Cobra »

Broke the 1st blue line is the first good sign. 60% chances the low was in. Wait for the 2nd blue line breakout if wants to be sure that indeed the low was in.
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BullBear52x
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Re: 08/14/2020 Live Update

Post by BullBear52x »

sell again here, got stop out on my overnight left-over from Wednesday.
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Re: 08/14/2020 Live Update

Post by BullBear52x »

3 times trying to breakout to new high failed, ES. lower range will be the target.
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marcueus3
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Re: 08/14/2020 Live Update

Post by marcueus3 »

ehh market is to strong we will get new all time highs next week ...
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BullBear52x
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Re: 08/14/2020 Live Update

Post by BullBear52x »

Bulls climbing the wall of worry, SPX, no gap up today, a little surprised.
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Re: 08/14/2020 Live Update

Post by BullBear52x »

I consider all inside day a range day trade, so....3-5 handles is good practice. Greed kills.
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