01/25/2021 Live Update

[te_fern]

Lost money on SQQQ twice last week, so this morning when it broke my line, I ignored it. Ha!

[te_fern]

BB52, didn't Schwab buy TD? Hope they don't screw it up! I agree I like TD Ameritrade...

[BullBear52x]

BB52, didn't Schwab buy TD? Hope they don't screw it up! I agree I like TD Ameritrade...

I have no problem. so far.

[Shaishen]

So gap fill accomplished - can now resume to repair that poor high and go to excess ATH.

BB52 - sorry last night re charts I was offline by then.

.

[BullBear52x]

Down target at 3740-50 looks like it will come in this week.

[BullBear52x]

So gap fill accomplished - can now resume to repair that poor high and go to excess ATH.

BB52 - sorry last night re charts I was offline by then.

.

We can talk more about market profile later. it helps, another tool in a toolbox.

[Trades w 2 Cats]

Schwab and Robin Hood are both Hucksters for Cidital Trading. So I wonder where the real problem was this morning.

[JFR]

SPY 5. A wild ride. Like the man said: ''Be careful out there.''

[Mr. BachNut]

The NYMO cycle appears to be down!
Friday's NYMO close was a confirming second negative close.
I confess I didn't take it seriously because the indicator has been bobbling around the zero line looking trendless.
As far as up cycles go, the NYMO rise from Christmas time has been very soft.
That seems a bit concerning for bulls as it reflects beginning of year positioning.

This morning's downdraft took care of an open down gap.
I mentioned a negative NYMO divergence last week. So, this action is reconciling.
We still have two more gaps below (not to mention last year's stranded gaps...).
There remains unfinshed business at SPX 3642.31.

At the moment, we are merely revisiting the opening range for the year (bright green and red lines).
Bulls want more closes above the green to confirm up trend. Closes below the red would be significant reversal.
Time will tell. I have no idea what will happen.

I remain flat. I have setups that could go either way in the days ahead.

[BullBear52x]

There should be more to the down side to mid BB area then will see if the buyers will step in, today got me enough gain to hold my sell lot overnight, will see how the market closed, one more sell setup at least.

[BullBear52x]

Another one for trend following sell setup. one more sell rip coupon.

[BullBear52x]

Last sell, what a push.

[Cobra]

Members only update at 12:10 pm
http://www.cobrasmarketview.com/2021/01 ... ay-update/

[BullBear52x]

Volume profile, today we have a poor low, tomorrow or some times this unfinished bizness will be settled, the beauty of market/Volume profile is the target is there but don't know when it could be this week or next week. any how, lots of down side target the closest one is 3754.

[QED]

Volume profile, today we have a poor low, tomorrow or some times this unfinished bizness will be settled, the beauty of market/Volume profile is the target is there but don't know when it could be this week or next week. any how, lots of down side target the closest one is 3754.

After the market close, please explain this a little more. Thanks!
.

[BullBear52x]

This weekly, BPSPX negative D. this doesn't smell good.

[Trades w 2 Cats]

3815 got a five in it so option strike. Four bounces in an hour.

[BullBear52x]

Volume profile, today we have a poor low, tomorrow or some times this unfinished bizness will be settled, the beauty of market/Volume profile is the target is there but don't know when it could be this week or next week. any how, lots of down side target the closest one is 3754.

After the market close, please explain this a little more. Thanks!
.

I am not an expert on this but we can exchange some idea. If someone can post the profile chart. I use TOS. set up: 5 min on Monkey bars, Row height = Custom (1.0), Volume for: All
if possible post 5 to 10 days I can note on few keys area or numbers.

[Trades w 2 Cats]

3830 got a zero in it so must be options strike. Top of range ?

[Trades w 2 Cats]

Go watch FT71 morning video on U-tube for a volume profile traders take on how today looked before the open.
(FuturesTrader 71, aka Morad Askar)