12/18/2018 Live Update

[Cobra]

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generally the rebound would be sold, generally.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/12 ... ay-update/

[JFR]

Small overnight gap up on ES, NQ, YM and IWM.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2018/12 ... ay-update/

[Trades with cats]

Two days of action with the POC at ES 575.50. Oh! That's where price got stopped so far. Sometimes I wonder if there may be something to these volume profile charts besides pretty decorations on the edge of the chart.

If something doesn't move soon I have a house to clean for the holidays. So everybody have a good break from trading!

[QED]

.
All the biggest stocks that are now in a bear market, in one chart

https://www.marketwatch.com/story/all-t ... abis-watch

.

[QED]

@Trades with cats, did you see the links I posted for you at the end of yesterdays Live Update?

[Al_Dente]

It took 4 months, and a “trap” in September, but the cyan-box target on XLF was finaly met
Daily, as of yesterday’s close

[Al_Dente]

.
All the biggest stocks that are now in a bear market, in one chart
https://www.marketwatch.com/story/all-t ... abis-watch
.

nice one, thanks boss

[Al_Dente]

SMALL, MID, LARGE CAP percentages:
Interesting that the Midcaps (black) are the worst % performers YTD

[QED]

.
All the biggest stocks that are now in a bear market, in one chart
https://www.marketwatch.com/story/all-t ... abis-watch
.

nice one, thanks boss

@Al_Dente, you also may find the above mentioned links interesting.

.

[JFR]

Stun gun, as one guru called it. Gap up and then nada.

[Al_Dente]

Futures are currently pricing in about a 71.5% chance of a hike on Wednesday.
(it was 76% just a few days ago)
https://www.cmegroup.com/trading/intere ... funds.html

[Al_Dente]

Nomura’s McElligott's is now a “must read” note:
“resumption of the buyback blackout window (already started for banks, transports and household goods)”
https://www.zerohedge.com/news/2018-12- ... to+zero%29

[Trades with cats]

@Trades with cats, did you see the links I posted for you at the end of yesterdays Live Update?

No I did not. I bailed early. Thank-you for putting all that up. Today even more on the same topic of Fed rate hikes in my twitter feed.

This morning the question they are asking is which data will the Fed follow, the economy or the market because they can no longer do both.

[Cobra]

at best it's a range day.

[1der]

This morning PBar. 255.48. 5am PST

[JFR]

IWM fills the small overnight gap. ES moving down. YM breaking down beneath the open.

[Cobra]

members only update at 11:30 am
http://www.cobrasmarketview.com/2018/12 ... ay-update/

[1der]

IWM QQQ normally have PBars as well, I just do not track them much
The IWM 5am PST PBar has been taken out and is now looking for the ones from yesterday afternoon.

QQQ came within .04 of tagging its 5am PB at 158.00