09/22/2020 Live Update

[Cobra]

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Double top or not, wait and see. My feeling is up. Possible trend day if up, possible range day if down.

[Cobra]

The members only update starts here: http://www.cobrasmarketview.com/2020/09 ... ay-update/

[JFR]

ES daily. Up from the low of the previous day. At support.

[JFR]

Dow 30 to open the day. AAPL leading. AMGN trailing.

[BullBear52x]

Market wants up this morning. Hmmmm, buying this morning to see how far bulls wants to push this.

[BullBear52x]

sell the rip setup on 5 min. reverse to sell now.

[BullBear52x]

ES, bulls need this MA support or I will hit a home run again today.

[BullBear52x]

was quick one there, half off the table, same playbook.

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2020/09 ... ay-update/

[Cobra]

It's morning hourly filled black bar

[BullBear52x]

I want to buy this morning but look at this ES 5min. chart all night RSI never hit 70, weak sauce! will see if the MA support will hold.

[Cobra]

The pullback should be bought but it also means today might be just a range day.

[BullBear52x]

Cash SPX, Pull back will be really bad, a failed break from yesterday's range will send it back to the bottom. no failure allow for bulls.

[JFR]

ES 5 minutes. At resistance.

[JFR]

ES 5 min. Testing up above the trendline.

[Al_Dente]

10:30
Here is Fed Chair Powell's prepared testimony: Coronavirus Aid, Relief, and Economic Security Act
https://www.federalreserve.gov/newseven ... 00922a.htm

[Cobra]

Testing day high, now let's see whether bears can make a double top here. Breakout with strong bull bar then it could be an uptrend day.

[JFR]

ES 5. Back down to the pivot. Taking a break ...

[Al_Dente]

RUMOR that he is selling some of his 980.6 million share position in Apple.
RUMOR [streetinsider.com]

[Cobra]

Break the day low then it'd be double top. Generally it'll break but usually the break is a bear trap, it's just a range day, let's see.