02/12/2020 Live Update

[JFR]

ES 5. Back up to the EMA 20 and a resistance level.

[JFR]

Glad I cancelled that order from Banggood. They were out of stock and waiting for a new shipment. Just too strange a situation with the coronavirus in the air. Supply issues. Transportation issues. Unknown details on the virus. Forgeddaboutit.

Also, as we know, once you check something out on the net, it shows up in ads on sites you visit. I see Banggood all the time on here.

[Trades with cats]

With virus living for 5 days on hard surfaces nobody wants stuff air freighted in from China right now.

[JFR]

With virus living for 5 days on hard surfaces nobody wants stuff air freighted in from China right now.

Yes. That was very much in my thoughts.

[JFR]

ES 5. Up off the EMA 20, towards a pivot.

[Heck]

NVR Target + 66 %
From 3857.9 to 6415.56

BRK/A Target + 10 %
From 340,403.531 to 372,841.57

The rich get richer

[Cobra]

Touch the upper blue line then breakout would be more likely.

[Heck]

MU Target + 33 %
From 58.9 to 78.31

GILD Target + 21 %
From 66.32 to 80.36
+ 4.07 % Dividend

[BullBear52x]

last one, a little late but they came late.

[Trades with cats]

Wow, everybody wants to sell the high.

[Trades with cats]

Power hour. Twitter feed saying the volume has been really low today. Newsfeed saying the CCP showing that the situation is under their control and implying that it is just a matter of time until the virus goes away. Charts showing that the PBoC and the "Home Team" have eliminated the virus draw down from the Chinese market. Why do I bother reciting what you know? Because the big question is will there be another liquidity moon launch tonight or is it over? I for one will be turning my system back on after dinner tonight.

[Trades with cats]

So as I said, the question is will the PBoC show me another pink box tonight?
Because if they do not the wave count from Coolbizone is set for 3 weeks of down.

[BullBear52x]

This is very bearish, it shows bulls can not hold the upper range, a closed under 76 is critical for swing bulls. lots of time to repair for bulls yet today. for me 5 handles is good on each moves.

[BullBear52x]

$TRIN is gone above 1 atm.

[JFR]

ES 5. Squeezed by the EMA 20, the pivot and the resistance line.

[BullBear52x]

Chart for the road: bulls keep on marching. the break out of yesterday's range tells me bulls are not done. Peace!

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2020/02 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Thursday looks like: https://stockcharts.com/public/1684859/chartbook

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/chartbook