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01/08/2021 Live Update

01/08/2021 Live Update

Postby Cobra » Fri Jan 08, 2021 10:16 am

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No idea up or down from here. Possible trend day, either up or down.
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Re: 01/08/2021 Live Update

Postby Cobra » Fri Jan 08, 2021 10:18 am

The members only update starts here: http://www.cobrasmarketview.com/2021/01 ... ay-update/

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Re: 01/08/2021 Live Update

Postby BullBear52x » Fri Jan 08, 2021 10:27 am

If trend day today I hope I don't miss much, I'll be on mobile until next week. Well lots of support below, bad Non-Farm payroll came out triggered a sell on the $USD, of cause, so stock can hang on. Honey hole special day again today.
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Re: 01/08/2021 Live Update

Postby JFR » Fri Jan 08, 2021 10:27 am

ES daily. Moving on up. Breakout.


2021-01-08_06-26-22.png
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Re: 01/08/2021 Live Update

Postby BullBear52x » Fri Jan 08, 2021 10:29 am

Honey hole focus, think day trade.
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Re: 01/08/2021 Live Update

Postby JFR » Fri Jan 08, 2021 10:34 am

SPY 1 minute. Tricky action at the opening. Step lightly.


2021-01-08_06-33-50.png
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Re: 01/08/2021 Live Update

Postby BullBear52x » Fri Jan 08, 2021 10:48 am

Looking good bears, pass though MA support.
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Re: 01/08/2021 Live Update

Postby BullBear52x » Fri Jan 08, 2021 10:52 am

I was thinking there might be a gap down, that is not good for TA, because we will have to think about gap fill even if a pull back start today. for now it's all good and clear, whichever direction we go from here. down is what I think it will. got to go, later. Peace!
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Re: 01/08/2021 Live Update

Postby te_fern » Fri Jan 08, 2021 10:54 am

Trying to get back into the swing of things. Hard to play the long side with these big gap ups!! LOL! Watching this line for a change in ST direction...
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Re: 01/08/2021 Live Update

Postby Cobra » Fri Jan 08, 2021 11:02 am


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Re: 01/08/2021 Live Update

Postby Cobra » Fri Jan 08, 2021 11:20 am

Pennant, bias is up.
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Re: 01/08/2021 Live Update

Postby Trades w 2 Cats » Fri Jan 08, 2021 11:40 am

Oh boy technical trading. Just short of the overnight high, drops and tags the overnight low. If I was better at Elliot Wave I am sure I could justify a fancy count.

Public Service Announcement: Monday we start trading for real as Gamma and Vanna will be greatly reduced. :o
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Re: 01/08/2021 Live Update

Postby Al_Dente » Fri Jan 08, 2021 11:47 am

TQQQ will split 2:1 on 1/21/21
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Re: 01/08/2021 Live Update

Postby Trades w 2 Cats » Fri Jan 08, 2021 11:53 am

ES 03-21 (2000 Tick) 2021_01_08 (9_51_13 AM).png

Two legs down, three legs back up to kiss the opening print. Guessing the excitement is over for today.
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Re: 01/08/2021 Live Update

Postby te_fern » Fri Jan 08, 2021 11:59 am

Bounced at the red MA line, didn't even pause at the resistance line...
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Re: 01/08/2021 Live Update

Postby Cobra » Fri Jan 08, 2021 12:00 pm

The pullback and rebound means it's just a range day. We may had the range low now seeking the range high, assume it's the day high.
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Re: 01/08/2021 Live Update

Postby Cobra » Fri Jan 08, 2021 1:03 pm


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Re: 01/08/2021 Live Update

Postby Cobra » Fri Jan 08, 2021 1:14 pm

Possible higher low, now seeking range high again. The QQQ at bottom looks like a breakout is more likely.
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Re: 01/08/2021 Live Update

Postby Al_Dente » Fri Jan 08, 2021 1:28 pm

Identical double target (orange boxes) from oct/nov and again in dec
WAS MET today
four hour chart
18target met.png.jpg
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Re: 01/08/2021 Live Update

Postby Trades w 2 Cats » Fri Jan 08, 2021 1:48 pm

Will 3800 hold again?
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