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11/20/2020 Live Update

11/20/2020 Live Update

Postby Cobra » Fri Nov 20, 2020 10:22 am

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Hopefully it's a round bottom here. Overall in a range. Possible range day.
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Re: 11/20/2020 Live Update

Postby Cobra » Fri Nov 20, 2020 10:24 am

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

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Re: 11/20/2020 Live Update

Postby JFR » Fri Nov 20, 2020 10:25 am

ES daily. The pullback is flattening out. Forming a base. Above the EMA 20. A ways down from the top.


2020-11-20_06-24-08.png
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Re: 11/20/2020 Live Update

Postby JFR » Fri Nov 20, 2020 10:33 am

Dow 30. Quiet opening. More red than green. NKE leading. TRV trailing.


2020-11-20_06-31-52.png
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Re: 11/20/2020 Live Update

Postby BullBear52x » Fri Nov 20, 2020 10:57 am

SPX, swing sell is still good.
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Re: 11/20/2020 Live Update

Postby BullBear52x » Fri Nov 20, 2020 10:59 am

ES, balanced area
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Re: 11/20/2020 Live Update

Postby Cobra » Fri Nov 20, 2020 11:07 am


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Re: 11/20/2020 Live Update

Postby BullBear52x » Fri Nov 20, 2020 11:09 am

Big picture, good support at 61.8%, but if we head to retest it again I don't think it will hold, maybe next week. ES
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Re: 11/20/2020 Live Update

Postby te_fern » Fri Nov 20, 2020 11:12 am

Watching to see what it does with this trend line...
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Re: 11/20/2020 Live Update

Postby te_fern » Fri Nov 20, 2020 11:14 am

That didn't take long.....
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Re: 11/20/2020 Live Update

Postby te_fern » Fri Nov 20, 2020 11:31 am

In my mind, an important time. Is it a back test and we start heading lower or do we break thru for some minor upside??
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Re: 11/20/2020 Live Update

Postby BullBear52x » Fri Nov 20, 2020 11:33 am

Cash SPX Fib, nothing until 38.2% breached for bears, inside day.
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Re: 11/20/2020 Live Update

Postby te_fern » Fri Nov 20, 2020 11:37 am

No follow thru, probably a grind us up kind of day....
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Re: 11/20/2020 Live Update

Postby te_fern » Fri Nov 20, 2020 11:48 am

Drew the lower line, need a lower low....
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Re: 11/20/2020 Live Update

Postby te_fern » Fri Nov 20, 2020 12:03 pm

Back to the bottom of the trend line. Let's know what you're going to do!! LOL!
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Re: 11/20/2020 Live Update

Postby Cobra » Fri Nov 20, 2020 12:11 pm

The rebound means it's just a range day.
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Re: 11/20/2020 Live Update

Postby BullBear52x » Fri Nov 20, 2020 12:15 pm

Good news for bears, complacent level, up side is limited, TOPY alert!!
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Re: 11/20/2020 Live Update

Postby BullBear52x » Fri Nov 20, 2020 12:23 pm

ES, lower wedge watch, weak sauce. selling could continue from here, watch daily LL
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Re: 11/20/2020 Live Update

Postby BullBear52x » Fri Nov 20, 2020 12:35 pm

Market can hold up on options expiry day like today, any gain from here will not sustain. will see, cheap dollar can really put out a fireworks show.
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Re: 11/20/2020 Live Update

Postby Cobra » Fri Nov 20, 2020 1:03 pm

51% chances of higher low here.
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