03/26/2020 Live Update

[Cobra]

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No idea up or down from here. Sharp down then it's lower high trend reversal, the rebound probably was over so better no sharp down.

[Cobra]

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

[Al_Dente]

"Sentiment Witnesses Rapid U-Turn From Greed To Fear, Raising Odds Of Bear Market Rally"
https://hedgopia.com/sentiment-witnesse ... ket-rally/

[brucekeller]

I mean, today is also the day the Fed's primary dealers lost their liquidity requirements, so they can pretty much buy as much of practically anything they want, including stocks.

[merryme]

FEAR:
Do you think it is because Spain is using an ice rink for a morgue?
Or maybe fear is back because Italy is NO LONGER helping those over 60 because they have too many young folks who need med attention?

[Al_Dente]

compare the many rallys during 2008
https://stockcharts.com/articles/dont_i ... r-222.html

[Al_Dente]

MARK HULBERT:
March 18 high will turn out to be the high for the current cycle. And that’s crucial information, since historically the VIX peaks out before the market bottoms.
How much before? Based on bear markets since the VIX was created in the mid-1980s, the average lead time is 75 days. Add that number of days to March 18 and you arrive at the first day of June [and that’s his day for the bear market bottom].
...Morgan Stanley pointed out another straw in the wind that suggests a bottom may be in the not-so-distant future. In the past, “the catalyst for the volatility peak was always a policy response.” In recent days, of course…... policy responses.
The bottom line? Pay close attention to the VIX in coming days. So long as it doesn’t rise back to the vicinity of its March 18 high of 85.47, odds will grow that the bear market bottom is only a couple of months away.
https://www.thestreet.com/opinion/when- ... hit-bottom

[QED]

.
Interesting video ...

PUG Stock Market Analysis LLC
A look back at where the SP-500 price has been the past 10 years and where it might be headed over the next 2 to 5 years.

https://www.youtube.com/watch?v=7GcOF3GMO6I

.

[Al_Dente]

Buffett's portfolio
courtesy Bespoke
https://ei.marketwatch.com/Multimedia/2 ... 8e992d421e

[BullBear52x]

Bottom starts somewhere, we got all kinds of bottom signs.

[Al_Dente]

BA is up 11% today
BA is the #6 heaviest-weighted stock in the dow
http://www.indexarb.com/indexComponentWtsDJ.html

[Cobra]

Members only update at 10:08 am
http://www.cobrasmarketview.com/2020/03 ... ay-update/

[Heck]

SPY Target + 33 %
From 249.05 to 331
+ 2.3 % Dividend Yield

Four Cobra Signal Watch UPs

BULLYA

[BullBear52x]

Trend change chart pattern, internals also supportive for short term.

[Cobra]

Testing yesterday's high, could be a consolidation or pullback first then we'll see.

[BullBear52x]

mid band is not a bad bet to the upside.

[Al_Dente]

INVERTED VIX
AD
Leveraged SPY
5min

[BullBear52x]

If bulls failed here, it will be nasty day tomorrow, they can not afford it.

[QED]

mid band is not a bad bet to the upside.

This is in the target area of what Elliott WaveTrack posted a few days ago:

https://twitter.com/ElliottWave_WTI/sta ... 9498510336

.

[BullBear52x]

mid band is not a bad bet to the upside.

This is in the target area of what Elliott WaveTrack posted a few days ago:

https://twitter.com/ElliottWave_WTI/sta ... 9498510336

.

I like to see 5 wave and 3 correction waves with no new low, then the bottom is solid, for now anything still in the air. something like this.