03/04/2020 Live Update

[BullBear52x]

Trouble line this is hard to trade on this 5 DMA. I will sit out for now.

[Cobra]

If bulls are able to touch the blue line above then breakout would be very likely. Bulls are not over yet. I actually think the bias is up.

[BullBear52x]

5 DMA fails to hold we will have a fast sell off. I am doing nothing atm.

[BullTart]

ascending triangle (usually resolving to continuation which would be down in this case) and a head and shoulders within the triangle forming... if we break down 3030-3020, we going to 2750ish

[BullBear52x]

Yep losing 3030 support will not be good.

[BullBear52x]

Cash SPX Fib, I am setting up to chase a break on either side.

[BullBear52x]

sell, south bound train......Chuuu Choooooo

[BullBear52x]

Got sstop out right at the gate. this is not a good market to trade today. breaking up side now.

[Heck]

CNC Target + 97 %
From 59.74 to 117.6

109 % Debt/Equity

[Heck]

0.93 % $TNX debt yield

=> 1/.0093 = 108 Equity Market PE

4.7 times current market PE

https://www.multpl.com/s-p-500-pe-ratio

MEGA BULLYA

Just as debtholders were exceedingly rewarded with ATLs in yields

So may equity owners be

Leg bone connected to the thigh bone

[BullBear52x]

I back selling, will sell more under 3030

[BullBear52x]

got something to go with now, lets do it.....

[Heck]

$SPX BUYING Above 3,034.38

[BullBear52x]

need to see a beak below 3030ish then this will be clear, big picture is we are in a bearish consolidation phase, bears are in command.

[ccash04]

IWM near LOD and TLT nearing HOD...

SPY needs to realize its all over and go back to 2920.

[BullBear52x]

Boring, here is my swing signal, on a sell until yesterday's HOD is taken out, long tall order for that to happen.

[JFR]

ES 5. Goin' nowhere. Fades in the range possible, but not to my appetite right now. Have a good day, Everyone.

[Cobra]

Members only update at 12:20 pm
http://www.cobrasmarketview.com/2020/03 ... ay-update/

[Heck]

UNH Target + 71 %
From 282.22 to 481.8
+ 1.52 % Dividend

25 % ROE

[QED]

Benihana market: chop chop choppity chop ...