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01/12/2021 Live Update

01/12/2021 Live Update

Postby Cobra » Tue Jan 12, 2021 10:22 am

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In range, but since the trend leading to the range was up so bias should be up. Possible range day.
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Re: 01/12/2021 Live Update

Postby Cobra » Tue Jan 12, 2021 10:25 am

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

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Re: 01/12/2021 Live Update

Postby JFR » Tue Jan 12, 2021 10:25 am

ES daily. Inside bar. Down from the high. Forming a base.


2021-01-12_06-23-54.png
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Re: 01/12/2021 Live Update

Postby JFR » Tue Jan 12, 2021 10:33 am

SPY 5. Scalping in dangerous waters.


2021-01-12_06-32-13.png
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Re: 01/12/2021 Live Update

Postby JFR » Tue Jan 12, 2021 10:35 am

Dow 30. About even between the greens and the reds.


2021-01-12_06-34-39.png
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Re: 01/12/2021 Live Update

Postby JFR » Tue Jan 12, 2021 10:43 am

SPY daily. Point and Figure. Still looking up.


2021-01-12_06-42-43.png
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Re: 01/12/2021 Live Update

Postby Cobra » Tue Jan 12, 2021 11:08 am


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Re: 01/12/2021 Live Update

Postby Al_Dente » Tue Jan 12, 2021 11:46 am

:o :o
112top.png.jpg
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Re: 01/12/2021 Live Update

Postby Cobra » Tue Jan 12, 2021 11:56 am

I don't know the direction, so far it's just a range day.
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Re: 01/12/2021 Live Update

Postby Trades w 2 Cats » Tue Jan 12, 2021 12:02 pm

relative gamma.png
from Lemon head
from twitter today- this is a follow up on all the Gamma stuff related to this week being a significant opex.

Gamma Exposure hit a record yesterday.

If we divide Gamma by the S&P 500's value (to account for the stock market's changing value over time), this is still incredibly high

Historically, the stock market fell over the next 2 months: -7.9%, -7.3%, & -31%
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Re: 01/12/2021 Live Update

Postby Cobra » Tue Jan 12, 2021 12:38 pm

We may have the range high and low now.
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Re: 01/12/2021 Live Update

Postby Trades w 2 Cats » Tue Jan 12, 2021 12:42 pm

So far 3803 has held, more evidence favoring fireworks tomorrow according to the tape traders.
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Re: 01/12/2021 Live Update

Postby QED » Tue Jan 12, 2021 12:48 pm

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Re: 01/12/2021 Live Update

Postby Al_Dente » Tue Jan 12, 2021 12:49 pm

More bank highs ahead of the
EARNINGS REPORTS:
thursday: BLK
friday: C, JPM, WFC
112banks.png.jpg
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Re: 01/12/2021 Live Update

Postby Cobra » Tue Jan 12, 2021 1:12 pm

Must be a news, this bear may have legs.
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Re: 01/12/2021 Live Update

Postby Cobra » Tue Jan 12, 2021 1:16 pm


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Re: 01/12/2021 Live Update

Postby Cobra » Tue Jan 12, 2021 1:17 pm

Will have to go out for at least 90 min, so will have not update for awhile. Looks like it's exciting time, too bad.

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Re: 01/12/2021 Live Update

Postby Al_Dente » Tue Jan 12, 2021 1:34 pm

If this is a real breakdown from that double-top, the target is the 6 Jan double-bottom low (pink arrows)
112int2.png.jpg
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Re: 01/12/2021 Live Update

Postby QED » Tue Jan 12, 2021 2:07 pm

.
NorthmanTrader: "Ironically the $SPX yearly 5 EMA sits right at 3255 at the moment. Why ironic? Because tagging it would imply filling all the open gaps from November."

https://northmantrader.com/2021/01/12/stretched-2/

.
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Re: 01/12/2021 Live Update

Postby BullBear52x » Tue Jan 12, 2021 2:08 pm

ES, need to see LL from here.
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