03/10/2020 Live Update

[Cobra]

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No idea up or down from here.

[Cobra]

Members only update starts here: http://www.cobrasmarketview.com/2020/03 ... ay-update/

[JFR]

SPY daily. Huge volume during the insanity. Lots of weight overhead.

[JFR]

SPY 5. Gap up since the close yesterday.

[JFR]

SPY 5. Down to support.

[JFR]

SPY 5. Bounce off support. Taking a break.

[Cobra]

Members only update at 10:10 am
http://www.cobrasmarketview.com/2020/03 ... ay-update/

[Cobra]

It's morning hourly filled black bar

[Al_Dente]

https://www.marketwatch.com/story/the-s ... 2020-03-09

[merryme]

Fund Flow Reports For The Week Ended 03/04 Are Now Available.
For the week ended 03/04/2020 ExETFs - All Equity funds report net outflows totaling -$11.318 billion, with Domestic Equity funds reporting net outflows of -$8.077 billion and Non-Domestic Equity funds reporting net outflows of -$3.241 billion...ExETFs - Emerging Markets Equity funds report net outflows of -$0.850 billion...Net outflows are reported for All Taxable Bond funds of -$8.857 billion, bringing the rate of inflows for the $3.298 trillion sector to $3.326 billion/week...International & Global Debt funds posted net outflows of -$1.013 billion...Net outflows of -$4.786 billion were reported for Corp-Investment Grade funds while High Yield funds reported net outflows of -$5.126 billion...Money Market funds reported net inflows of $38.452 billion...ExETFs - Municipal Bond funds report net outflows of -$0.093 billion

http://www.lipperusfundflows.com/#creat ... _trial.php

[te_fern]

At least we have the 20 EMA below....

[Cobra]

The pullback probably means it's just a range day.

[Al_Dente]

MUST READ or view the video:
Guy Adami yesterday
A rare breath of fresh air on CNBC, no bullshit, no spin, no “talking his book”
https://www.zerohedge.com/markets/fed-h ... to+zero%29

[te_fern]

Wish stockcharts.com had gone back and updated the SPX charts last night for the missing data. Would help with trend lines etc.....

[JFR]

SPY 5. A reprieve for those that sold short near the bottom. Crazy day once again.

[QED]

Darvas Box seems to be holding so far …

[JFR]

SPY 5. Riding the EMA 20. How the market punishes, and rewards. Longs from the pre-market got hit. Shorts at the bottom got hit. Longs at the top got hit. Happens every time. Just when we thought ... Ha ha. Contrarian views rule, if the timing is right.
AFK for a bit.

[JFR]

SPY 5. Ooops. Testy breakdown. Later ...

[MrMiyagi]

This is a "Maybe" chart. Odds of this actually occurring are not very high as the risk of US-based closures/lockdowns remains likely - imagine if Disneyland is shut down, or Times Square or Vegas Strip & Casinos? The blow to Americans' psyche would be so incredibly devastating since their only point of view is "we are the best, better than all the rest".

There is a good chance we'll see over 6000 cases of coronavirus in USA by the end of March. They are reluctant to test because it would show the real numbers. Overall, I expect to see a peak in mid-late April, then taper off in May.

nymo

[JFR]

SPY 5. Finding some support.