10/18/2022 Live Update

[BullTart]

bulls trying real hard to save the trend line.. which one will break first? daily VIX? or hourly ES?

usually, the longer time frame wins..

[BullBear52x]

My last sell got stop out, sideways range day I am not trading. Peace!

[Cobra]

Maybe we had the range low of the day?

[Cobra]

Members only update at 12:02 pm
http://www.cobrasmarketview.com/2022/10 ... ay-update/

[Cobra]

Not good, possible measured move down?

[Trades w 2 Cats]

The Century Mark, bumped it multiple times from below yesterday and now here we are knock knock knocking on the door again, from above.

[Trades w 2 Cats]

From Zero Hedge earlier today- A significant point when looking at the market---

A few years ago Newfound Research put out an interesting piece called “Liquidity Cascades”. Below is a diagram from that note which outlines the feedback loop in markets from Fed policy to market activity. SpotGamma highlights the bottom right quadrant in red, which is what we mark as our current position. If you believe that options trading invokes dealer – that hedging is both momentum driven flow and price taking. Additionally, market makers cannot wait on a stock bid getting hit if their risk is too high – they will pay spread and take price. This is what makes that short dated volume from above such an issue in these markets which have lower levels of liquidity. It can amplify volatility in the ways we saw Thursday, Friday, and Monday, and have investors trying to draw fundamental conclusions from positional options hedging flows.

Perhaps today's plunge is more of the same amplification flow.

As we have stated endlessly this year, markets rallying from put sales are inherently unstable, and we need to see call positions come in to quell volatility... for now we are not seeing that.

[Cobra]

Members only update at 3:40 pm
http://www.cobrasmarketview.com/2022/10 ... ay-update/

[merryme]

This is my opinion and not a FACT.

Here's what's happening all over the market to stocks that I am getting ready to take longs on and I am not talking swing trading. I am talking LONGS like I will hold them for years.

Note: CVNA. First the original pitchfork alerted me to the first up move in the bottoming process. Then I simply slide the fork over and it is being respected again and again. Now the bottom has started. This is evidenced by the immense shift in volume from "hardly any volume" to the capitulation volume and Large Lot buying. It's not ripe yet but it's getting there.

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2022/10 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449381

[Serenity]

This is my opinion and not a FACT.

Here's what's happening all over the market to stocks that I am getting ready to take longs on and I am not talking swing trading. I am talking LONGS like I will hold them for years.

Note: CVNA. First the original pitchfork alerted me to the first up move in the bottoming process. Then I simply slide the fork over and it is being respected again and again. Now the bottom has started. This is evidenced by the immense shift in volume from "hardly any volume" to the capitulation volume and Large Lot buying. It's not ripe yet but it's getting there.

https://www.repairerdrivennews.com/2022 ... -to-do-so/