10/15/2020 Live Update

[Al_Dente]

UNUSUAL: NYSE sidesteps underwriter banks, and invites companies to test the direct listing process as an alternative to IPOs
https://www.reuters.com/article/nyse-di ... SL4N2H63KY

“...with no underwriters involved.”
https://www.investopedia.com/investing/ ... t-listing/

[Al_Dente]

Smalls are strong today
WHAT’S INSIDE IWM chart update
Usually small tech leads, but smalls are now getting help from small healthcare and small discretionary

[Al_Dente]

where is everybody?

[JFR]

SPY 5. Up off the EMA 20. Quiet day.

[Cobra]

It's the very first test of EMA20 in awhile so probably the pullback would be bought.

[Cobra]

C&H, breakout is more likely.

[Cobra]

Members only update at 3:30 pm
http://www.cobrasmarketview.com/2020/10 ... ay-update/

[Cobra]

Members only update at 3:55 pm
http://www.cobrasmarketview.com/2020/10 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449397

[JFR]

SPY 5. Sprint to the finish. It closes the overnight gap.