11/20/2020 Live Update

[Cobra]

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Hopefully it's a round bottom here. Overall in a range. Possible range day.

[Cobra]

The members only update starts here: http://www.cobrasmarketview.com/2020/11 ... ay-update/

[JFR]

ES daily. The pullback is flattening out. Forming a base. Above the EMA 20. A ways down from the top.

[JFR]

Dow 30. Quiet opening. More red than green. NKE leading. TRV trailing.

[BullBear52x]

SPX, swing sell is still good.

[BullBear52x]

ES, balanced area

[Cobra]

Members only update at 10:08 am
http://www.cobrasmarketview.com/2020/11 ... ay-update/

[BullBear52x]

Big picture, good support at 61.8%, but if we head to retest it again I don't think it will hold, maybe next week. ES

[te_fern]

Watching to see what it does with this trend line...

[te_fern]

That didn't take long.....

[te_fern]

In my mind, an important time. Is it a back test and we start heading lower or do we break thru for some minor upside??

[BullBear52x]

Cash SPX Fib, nothing until 38.2% breached for bears, inside day.

[te_fern]

No follow thru, probably a grind us up kind of day....

[te_fern]

Drew the lower line, need a lower low....

[te_fern]

Back to the bottom of the trend line. Let's know what you're going to do!! LOL!

[Cobra]

The rebound means it's just a range day.

[BullBear52x]

Good news for bears, complacent level, up side is limited, TOPY alert!!

[BullBear52x]

ES, lower wedge watch, weak sauce. selling could continue from here, watch daily LL

[BullBear52x]

Market can hold up on options expiry day like today, any gain from here will not sustain. will see, cheap dollar can really put out a fireworks show.

[Cobra]

51% chances of higher low here.