09/23/2019 Live Update

[Cobra]

so far it's a range day but probably we'll have a new day low

[BullBear52x]

Fearful market.

[te_fern]

Broke trend line, now needs to move above the blue MA line.... One step at a time...

[brokebybernacke2]

so far it's a range day but probably we'll have a new day low

? thoughts on why new day low

[daytradingES]

estimates made prior to opening.
Prb with roommates and missed first ell opportunity (only 0.25 off) - and I should have known as I usually subtract 0.25 from est high limit order to get a fill - which would have been perfect. Roommates partying til 3am and I need to get up at 6:30 - only 3.5 hrs of sleep and not enough - also anger at the inconsideration.

[daytradingES]

Red line- test indicator - getting me worried.
Maybe I'll dump my posn at next drop.

Timing says I'm Ok but not thinking clearly

[BullBear52x]

Not a good start today, got stopped out. wait for new sell entry.

[BullBear52x]

find excuse to sell.

[BullBear52x]

Cash SPX Come to Papa is way up here, lots of resistances for bears to care to worry.

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2019/09 ... ay-update/

[Trades with cats]

Failed to see this channel when it first showed itself after the first half hour of regular trading. The mid line seems to be tricky as it gave that double top pattern that promptly failed. Anyway now that I see it I am confident it will go away.

I will take the opportunity to point out how well the 20 ema ATR keltner channels using 1.616 and 2.616 (Fibs) multipliers work out. Thank you to Suri Duddella for publishing that.

[Cobra]

the pullback probably will be bought but still it's a range day

[Trades with cats]

If you run fibs on that euro zone sell off we are at the make it or break it level on the retrace. Time for a tweet or Kudlow on the White House lawn or something.

[BullBear52x]

Down trend, but they will not make is easy, it's very common, so far I don't see any significant change in a down trend.

[BullBear52x]

Cash SPX Fib, Rising wedge can also be seen for today.

[Trades with cats]

60 minute Opening Range high should be the first target if the selling gets started. I think the standard odds are in the mid 80's that we will not touch the opening swing low since we are above the swing high. That swing low is just above the overnight low so if they do go you will know which choo choo we are on.

[BullBear52x]

One thing I know, market is very boring when you don't make money, South bound train chooooooo chooooo

[BullBear52x]

Bears last chance, I don't see bulls will give up today.

[BullBear52x]

Chart for the road: You don't need to be expert on market profile/Volume profile to see this is a Balanced (POC) market. sideways chop to continue. The Fight to regain 3000, Trade well, peace!

[BullBear52x]

for someone.