Back to www.cobrasmarketview.com

08/29/2018 Live Update

Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/29/2018 Live Update

Post by Trades with cats »

All I am seeing is that the buying stopped promptly with the Euro zone close this morning in a pattern we have seen several times the last couple of weeks. Big move into the Euro close or thereabouts followed by sideways range for the rest of the day. Now why that extra 10% volume that they provide makes a difference, I do not know. And I do not know what the S&P looks like in Euros or Pounds, but it's not the same as ours!
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/29/2018 Live Update

Post by brokebybernacke2 »

LT, if this bearish harmonic plays out, min target 3100s (1.27) sp.
bulls on parade.
Attachments
sc.png
QED
Posts: 992
Joined: Wed Feb 11, 2015 2:04 pm

Re: 08/29/2018 Live Update

Post by QED »

Trades with cats wrote:I do not know what the S&P looks like in Euros or Pounds, but it's not the same as ours!
http://www.livecharts.co.uk/daily_chart ... charts.php
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/29/2018 Live Update

Post by brokebybernacke2 »

canada news fri, take off!
Attachments
hoser.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/29/2018 Live Update

Post by Trades with cats »

Thanks :)
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/29/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
Image
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/29/2018 Live Update

Post by Trades with cats »

ES 09-18 (2000 Tick) 2018_08_29 (12_59_08 PM).png
here comes VWAP (and the Mid). Usually touches price sometime before the close. But not always.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/29/2018 Live Update

Post by Trades with cats »

five waves from 57.png
Elliott wave bear porn from Twitter.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/29/2018 Live Update

Post by Cobra »

testing day high, see whether bears can make a double top here which I doubt, I think breakout is more likely. It's C&H instead of double top.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/29/2018 Live Update

Post by brokebybernacke2 »

Trades with cats wrote:
five waves from 57.png
Elliott wave bear porn from Twitter.
thanks, have seen that, but also have seen the 5 waves complete/ top call numerous times on twitter/various sources over last 3 years. EW seems to be more accurate in hindsight, which is too late :)
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/29/2018 Live Update

Post by Trades with cats »

Elliot Wave is a great naming convention but difficult to use for forecasting. That's why I repost Coolbizones stuff. To show another way of looking at things, he wants his stuff re-tweeted and he makes it work. By the way he has met his self imposed challenge of $300,000 profit for August. It is educational to watch him work it out.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/29/2018 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/29/2018 Live Update

Post by Cobra »

well, guess that's it for today. Thursday tomorrow has been mixed. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply