11/13/2020 Live Update

[Cobra]

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No idea up or down from here. Near the range high so should be a pullback here. Possible range day.

[Cobra]

The members only update starts here: http://www.cobrasmarketview.com/2020/11 ... ay-update/

[JFR]

ES daily. Forming a base. Inside bar so far. At a strong line of support/resistance.

[JFR]

Dow 30. Mostly green. Don't know if it's going to stay that way. Led by the Cisco Kid, oops, CSCO. Trailed by VZ.

[BullBear52x]

Leaning bullish now? lots of money out there for sure.

[JFR]

SPY one minute. Crawling up the "wall of worry." Nah. It's just a game. Some decent scalping so far. But I gotta take a break ... Gonna watch some of The Masters. Go, Tiger.

[BullBear52x]

Cash SPX, 5 min. sell the rip zone. stick to what I know. sell...

[Cobra]

Members only update at 10:08 am
http://www.cobrasmarketview.com/2020/11 ... ay-update/

[Cobra]

Breakout to the new day high with strong bull bar in the next couple of bars then it could be an uptrend day.

[BullBear52x]

It's Friday, quick in and quick out. late day rally is in the card even it is down first. well, as long as we can stay in the right direction in the morning that's all it maters for day trade. Crystal ball something like this? so far the morning bears had a good head start.

[BullBear52x]

this is the 5th days market settled in a tight range between 3540-3560. big move is due.

[BullBear52x]

weekly bar forming a doji or a shooting star, intra-week price action is bearish.

[BullBear52x]

This time of year we can not really get ourselves out of politics, here is US civic 101, to call president elect the winner will have no dispute. but look at the media today, they are trying hard to form the herd mentality to call who the winner is. for traders, market is waiting for the real winner to be called. Biden is so far un-certified president for now.

[BullBear52x]

Last sell, bears need to pack up and go home if this one failed.

[Cobra]

The breakout is too late so I don't believe it means an uptrend day.

[Cobra]

Members only update at 12:15 pm
http://www.cobrasmarketview.com/2020/11 ... ay-update/

[BullBear52x]

Cash SPX Fib, inside day about to breakout or fail here.

[BullBear52x]

OLD timer chart, SPY:$VIX, sell zone short term, big negative D long term, this is when things can get real dicey soon.

[BullBear52x]

Last sell just fail, it's Friday, Peace!

[BullBear52x]

Chart for the road: for ES traders, Big picture is still well and healthy, short term is in question. failed to regain upper channel but not down either. trade well, Peace!

EDIT: MOREFib measurement, 61.8% support 78.6 resistance, overall bullish bias, there is why buyers still stay strong.