08/02/2019 Live Update

[Mr. BachNut]

There also is a VIX gap from May at 20.55 that may need closing.

[Cobra]

members only update at 10:55 am
http://www.cobrasmarketview.com/2019/08 ... ay-update/

[Al_Dente]

AD favors bears 3-to-1
3x

[MrMiyagi]

We don't see pBars much these days, this one was on Stockcharts back on July 1st. Took a month to play out which would have been outside the 10-day parameter that I had set up anyway, still, interesting to see this getting hit in this fashion.

pb

[BullBear52x]

Wishful thinking, down side is limited. will see if bulls got anything on the next sell rip.

[BullBear52x]

OK, one more sell here before the lady shows up.

[Al_Dente]

Nomura's Charlie McElligott:
“Well that was one of the most manic 36 hours of trading I have ever witnessed in my 18 year career.”
And today:
https://www.zerohedge.com/news/2019-08- ... to+zero%29

[BullBear52x]

Volatility is good

[BullBear52x]

Let see if we were going sideways from here to the closed. $TRIN needs to be below 1 at the closed or the bleeding will not stop on this down leg.

[Al_Dente]

As the algos all move to the short side, it’s a set up for the eventual short squeeze “ripping-rally”
Not today, not sure yet when or where, sorry, stay tuned

[Cobra]

members only update at 12:05 pm
http://www.cobrasmarketview.com/2019/08 ... ay-update/

[Al_Dente]

opportunity for double bottoms here:

[BullBear52x]

Last sell failed, bulls turn, keep it simple, and.............It's Friday

[BullBear52x]

Chart for the road: Bulls need to see $TRIN < 1 at the closed. Peace!

[Al_Dente]

The “AKRON OMEN” is a signal I use instead of the Hindenburg
It is based on the notion that a sustainable up-trend needs triple-digit new highs, and a sustainable down-trend needs triple-digit new lows, but NOT BOTH ON THE SAME DAY. Such readings are a sign of a confused market.
Unlike the Hindenburg, the Akron signal is rare.
Yesterday we got an Akron Omen signal.
The last signal was January 29, 2018

[Shaishen]

Based on AMT VolPro indicates a poor low at around 2914
poor lows will be repaired eventually - which would bring price into the y'day mentioned June 18 gap
Just interpreting what I think I have picked up from FT Dalton etc
And I do not have the guts to go short here big style for a 30 point drop
.

[brokebybernacke2]

The “AKRON OMEN” is a signal I use instead of the Hindenburg
It is based on the notion that a sustainable up-trend needs triple-digit new highs, and a sustainable down-trend needs triple-digit new lows, but NOT BOTH ON THE SAME DAY. Such readings are a sign of a confused market.
Unlike the Hindenburg, the Akron signal is rare.
Yesterday we got an Akron Omen signal.
The last signal was January 29, 2018

thank u

[Cobra]

Say 51% chances the low was in for today?

[MrMiyagi]

Last sell failed, bulls turn, keep it simple, and.............It's Friday

Too optimistic... that needs a good massage from Trump on EU deals, not sure we get it as I think he's full-loaded with puts and shorts.

[Al_Dente]

The “AKRON OMEN” ..........

thank u