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10/19/2017 Live Update

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Cobra
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10/19/2017 Live Update

Post by Cobra »

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Finally some pullbacks. Let's see how eager dip buyers are, now or a few hourly lager or a day or two. The dip will be bought, no doubt, the question is just when.
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Cobra
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Re: 10/19/2017 Live Update

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Cobra
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Re: 10/19/2017 Live Update

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Cobra
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Re: 10/19/2017 Live Update

Post by Cobra »

morning down as usual, now let's see the up and up till close part. my guess is today will be different but we shall never underestimate the power of bull side.
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Cobra
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Re: 10/19/2017 Live Update

Post by Cobra »

here may come the up and up till close part. my guess is there'll be a 2nd leg down but it'd be higher low.
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te_fern
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Re: 10/19/2017 Live Update

Post by te_fern »

The TICKs are turning....
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te_fern
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Re: 10/19/2017 Live Update

Post by te_fern »

It appears Cobra's second leg down has started....
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SPX 1 Minute.PNG
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fehro
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Re: 10/19/2017 Live Update

Post by fehro »

Having fun this am? VIX expired yesterday, OEW, market makers crushed those monthlies… :roll: .. once again.. ;) SPX daily candle a shooting star "ish" .. gap up y , and doji and gap down today.. fwiw - http://thepatternsite.com/CandleVisual.html or tri star, or doji gapping
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Screen_Shot_2017-10-19_at_7_43_25_AM.png
te_fern
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Re: 10/19/2017 Live Update

Post by te_fern »

Levered smalls battling back. I prefer the MA lines to cross back positive before I trade, so I'll have to wait....
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fehro
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Re: 10/19/2017 Live Update

Post by fehro »

SPY 5m.. fwiw.. too sloppy.. but something to watch
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te_fern
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Re: 10/19/2017 Live Update

Post by te_fern »

This is a 8 day, 1 minute chart. The levered biotechs have been taking it on the chin with all of the Washington talk....
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Cobra
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Re: 10/19/2017 Live Update

Post by Cobra »

so far it confirms the best bears can get is higher low. maintain the dashed blue lines guess.
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te_fern
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Re: 10/19/2017 Live Update

Post by te_fern »

The NYSE has broken back above its moving average line..
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Re: 10/19/2017 Live Update

Post by te_fern »

Looks like SPX is rolling over now....
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Al_Dente
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Re: 10/19/2017 Live Update

Post by Al_Dente »

Update on that “confirmed short-term downtrend channel”
3x smalls, 15 min
1) the “box” target is questionable, as the box was too sloppy
2) overshoot of the channel line (smalls LOVE to overshoot and undershoot)
3) it’s actually a bearish “island gap” on the 15m (pink area line), although it doesn’t appear on the daily where it really counts. Nonetheless it’s a nice stop
4) bears are now testing the LOD. They need a LOD, NOT a higher low
1019tna 15.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 10/19/2017 Live Update

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Cobra
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Re: 10/19/2017 Live Update

Post by Cobra »

poor bear, bulls even don't give bear higher low chances.
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tsf
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Re: 10/19/2017 Live Update

Post by tsf »

Cobra is very good, this 5-min chart is the best :D

Cobra wrote:poor bear, bulls even don't give bear higher low chances.
Wallstreetrader
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Re: 10/19/2017 Live Update

Post by Wallstreetrader »

2559 is a gift :ugeek: big squeeze :mrgreen:
Last edited by Wallstreetrader on Thu Oct 19, 2017 2:50 pm, edited 1 time in total.
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Al_Dente
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Re: 10/19/2017 Live Update

Post by Al_Dente »

RUT, daily
This is a “bull flag”
Technically, at what point would it stop being a bull flag? When it moves below what?
(serious TA question)
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1019bull flag.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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