Back to www.cobrasmarketview.com

07/01/2019 Live Update

User avatar
BullBear52x
Posts: 29720
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/01/2019 Live Update

Post by BullBear52x »

Cash index fib: Bears still in full control
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 07/01/2019 Live Update

Post by Heck »

Black Bar Filled Opening Pullback

Two Overvalued of Three Option Sentiment Indices = UP

Do all these gaps indicate unfilled demand ?
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 07/01/2019 Live Update

Post by Al_Dente »

71fear greed.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 07/01/2019 Live Update

Post by Al_Dente »

hong kong
police just started firing tear gas
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 07/01/2019 Live Update

Post by Al_Dente »

AD bulls opened more than 6x bears
Now 1.9x but that’s still bull, unless/until it drops below 1.6x
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
daytradingES
Posts: 2245
Joined: Thu Sep 13, 2012 10:46 am

Re: 07/01/2019 Live Update

Post by daytradingES »

hit
2963.75 at 11:29
(which is the range rule target)
Educational only and not trading advice (EO&NTA) :)
Good trading to all
User avatar
BullBear52x
Posts: 29720
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/01/2019 Live Update

Post by BullBear52x »

Overnight low, 10 more handles to fill, LOL
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 07/01/2019 Live Update

Post by Al_Dente »

Best sector of the year [per CNBC]:
Discretionary XLY
ATH
It is still overweight AMZN = 23.08%, and overweight HD at 10.31%
(RCD, equal weight discretionary, no new high)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
BullBear52x
Posts: 29720
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/01/2019 Live Update

Post by BullBear52x »

There should be a strong support at 61ish, This is a major Gap and NO go however you slice it.
Attachments
1.PNG
Last edited by BullBear52x on Mon Jul 01, 2019 12:55 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 07/01/2019 Live Update

Post by Al_Dente »

Al_Dente wrote:AD bulls opened more than 6x bears
Now 1.9x but that’s still bull, unless/until it drops below 1.6x
1.7x :o
1.59x :o :o
Last edited by Al_Dente on Mon Jul 01, 2019 1:00 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
BullBear52x
Posts: 29720
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/01/2019 Live Update

Post by BullBear52x »

went through 61 like a knife on a butter. :shock: :shock:
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 07/01/2019 Live Update

Post by Trades with cats »

We are closing in on "Prime Day" formerly known as Christmas in July. Amazon and Apple have this in common, they never disappoint at major holidays. I can assure you my wife and daughters are working on their wish lists. Always a boost from the staggeringly large one day totals.

Prime fix up quarter is closing out waiting for Orange Box to report. Once it gets too hot to paint and garden numbers won't be so good.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 07/01/2019 Live Update

Post by Trades with cats »

Looks like this was a gargantuan news event where all we got was confirmation of the forecast. So on paper two way trading resumes once we get to the place where the news run up started. I am not sure where to mark that but my guess is around the cash close.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 07/01/2019 Live Update

Post by Trades with cats »

ES 09-19 (2000 Tick) 2019_07_01 (11_05_39 AM).png
Pretty good day for trend channels so far. Mid line isn't working real well but I shouldn't complain, it has been a long time since trend didn't reverse at the Euro time zone close.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 07/01/2019 Live Update

Post by Al_Dente »

Al_Dente wrote:
Al_Dente wrote:AD bulls opened more than 6x bears
Now 1.9x but that’s still bull, unless/until it drops below 1.6x
1.7x :o
1.59x :o :o
1.36x :o :o :o
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
BullBear52x
Posts: 29720
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/01/2019 Live Update

Post by BullBear52x »

Short trading week
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29720
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/01/2019 Live Update

Post by BullBear52x »

To get a bearish engulfing on the weekly will be a tough one for bears to work it with a short week like this week.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 07/01/2019 Live Update

Post by Trades with cats »

Ace up the sleeve payrolls on Friday morning with every pro trader that can far away from their moniters on a four day weekend.
User avatar
BullBear52x
Posts: 29720
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/01/2019 Live Update

Post by BullBear52x »

Not that much to fill the gap, I don't know why they register the /ES as +16 points. closed was 55. now trading at 60. talking about painting job.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 07/01/2019 Live Update

Post by Trades with cats »

They tend to use the regular or former open out cry pit traders close instead of the futures 4:15 close. I am always off on gap closes because my indicators just work better using globex hours, but makes me have to look up official close. :(
Post Reply