05/29/2020 Live Update

[Cobra]

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No idea up or down from here. My bias is up though as the impression is that the market simply refuses to make any meaningful pullback.

[Cobra]

Members only update starts here: http://www.cobrasmarketview.com/2020/05 ... ay-update/

[Cobra]

Probably just a range day, might rebound or consolidate to let the EMA20 to catch up first.

[Daniel]

SPY grn

[Daniel]

Probably just a range day, might rebound or consolidate to let the (5min) EMA20 catch up first.

QQQ has done so. SPY not yet.

[BullBear52x]

ES takes out yesterday's low, a trade under overnight low will give a bear another home run today. sell.

[Daniel]

XLI, XLB, ILF lod

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2020/05 ... ay-update/

[jademann]

Well my conversion to being a long term stock investor (AAL UAL) lasted precisely one day. Sold for no loss.
Could have made 5% on a lot at one point. Oh well. Now Long SPXU again from early a.m.

[Heck]

ISEE Index PUTS Twice Calls = DOWN DOWN

Amateurs buying too many Equity Calls instead of stocks

QQQ SELLING < 231.43
SP.1 June Futures SELLING < 3039
$SPX SELLING < 3031.11
SPY SELLING < 303.14

[Daniel]

iwm lod

[Heck]

Trump’s China press conference could mark the end

New lows bro's

[Heck]

Well my conversion to being a long term stock investor (AAL UAL) lasted precisely one day.

Everyone Long Term Stock Investor at TOP
Trader at bottom

Robert Farrell

[Daniel]

iwm lod

QQQ now testing its LOD, which is holding...

[BullBear52x]

Million of traders' eyes on this line. you got to have a conviction which way to go. down, me thinks

[jademann]

I am voting down also!

[Daniel]

.. down, me thinks

UP, sez $XBD, as it hits a decisive fresh HOD.
Always good to watch XBD on a last day of the quarter. Brokers and dealers move things around on such days.

[jademann]

Time to let the VIX fly
http://schrts.co/qRCQQIei

[BullBear52x]

next attractive number on the down side is 2963ish.

[BullBear52x]

89.5 first then 63ish

may not get to 63 today