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12/03/2019 Live Update

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Cobra
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12/03/2019 Live Update

Post by Cobra »

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this bear may have legs.
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Cobra
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Re: 12/03/2019 Live Update

Post by Cobra »

the members only update starts here: http://www.cobrasmarketview.com/2019/12 ... ay-update/

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BullBear52x
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Re: 12/03/2019 Live Update

Post by BullBear52x »

what a wash out. it's going to be a fun ride today. support around here, a day like today I will have to wait out a little bit.
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BullBear52x
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Re: 12/03/2019 Live Update

Post by BullBear52x »

My fib measurement of 261.8% is sitting right here at 77ish.

I will buy fading TICK -1000

lets pray :D
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 12/03/2019 Live Update

Post by BullBear52x »

That was quick $$$ with morning coffee. bulls can not lose today. :mrgreen:
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Re: 12/03/2019 Live Update

Post by Trades with cats »

Big drop so is a double bottom enough or do we need a third touch. You know lots of traders ready to rent a bounce. :D
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BullBear52x
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Re: 12/03/2019 Live Update

Post by BullBear52x »

RSI(5) daily entering buy dip zone, next couples day will be a real fight for the bullish trend.
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Vaamsy
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Re: 12/03/2019 Live Update

Post by Vaamsy »

Looks like a triangle/consolidation before the move down to 3065. And then the bounce?
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Screen Shot 2019-12-03 at 9.50.53 AM.png
Last edited by Vaamsy on Tue Dec 03, 2019 10:51 am, edited 1 time in total.
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BullBear52x
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Re: 12/03/2019 Live Update

Post by BullBear52x »

Whoop got stop out. sit and wait.
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Cobra
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Re: 12/03/2019 Live Update

Post by Cobra »


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BullBear52x
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Re: 12/03/2019 Live Update

Post by BullBear52x »

$TRIN is with the bulls, down side is limited the way the TRIN is for two days of sell off and it is still holding well below 1.
Last edited by BullBear52x on Tue Dec 03, 2019 11:07 am, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Heck
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Re: 12/03/2019 Live Update

Post by Heck »

VIX BB Overbot
VIX RSI Overbot
VXV:VIX Overbot
NYAD/NYMO Oversold
SPY RSI Oversold

Waiting on sentiment
Last edited by Heck on Tue Dec 03, 2019 11:08 am, edited 1 time in total.
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Re: 12/03/2019 Live Update

Post by Trades with cats »

VIX Everybody and their cousin was short. Chattering class kept saying record VIX short position from the COT reports each week. You knew it would unwind eventually. I gotta start swing trading that thing. :lol:
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Re: 12/03/2019 Live Update

Post by Trades with cats »

ES 12-19 (2000 Tick) 2019_12_03 (8_06_36 AM).png
Trying the hand drawn pitchfork again. Will see if it lasts.
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Re: 12/03/2019 Live Update

Post by Trades with cats »

Hello 3083. Bam! Found the sellers!
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Re: 12/03/2019 Live Update

Post by Trades with cats »

Putting old Wilbur Ross in front of the cameras explains the quick sprint up to the selling at 3083. I personally am beginning to think that after an entire year just maybe the townsfolk are getting tired of the White House crying "Trade Deal". :twisted:
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Re: 12/03/2019 Live Update

Post by Trades with cats »

Futures Trader 71 warned this morning that he expected the White House and the Chinese Newspapers to be waging a war of press releases today jerking the market around. Positive he was not the only trader to be thinking that today.
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BullBear52x
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Re: 12/03/2019 Live Update

Post by BullBear52x »

congrats to the overnight swing sellers. yesterday intraday bears got a good run, today doesn't look like market wants to move much. hope it's not too boring. 3-5 handles day?
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BullBear52x
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Re: 12/03/2019 Live Update

Post by BullBear52x »

I am waiting to sell rip, this one looks like a bear trap, well,it's bear flag but I am not chasing it.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Vaamsy
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Re: 12/03/2019 Live Update

Post by Vaamsy »

Triangle and a bear flag both should resolve to the downside.
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Screen Shot 2019-12-03 at 11.00.53 AM.png
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