10/21/2022 Live Update

[Cobra]

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Double top (red arrows) and lower high (purple arrow) so the rebound was over, another leg down has started?

[merryme]

Studying TLT last night. Long Term chart. It's at strong support now but that down move is so healthy that it can continue to push through as it has done all year.

[merryme]

TLT, a longer term view with a 3% chart shows very strong support at $82.29 where there was as breakout at the spread double top and a perfect retest. Note the break of the green diagonal 45 degree line had a retest at the green arrow. So, the break out of the maroon line may retest (at some point) at the pink arrow.

[JFR]

ES daily. Just about where it finished yesterday. Beneath the EMA 20. Still in that base going back to September.

[JFR]

ES 60 minutes. A whole lot of chop for over 3 days. Between the Pivot and S1.

[Al_Dente]

Divergence
SPX down
Calls up

[BullBear52x]

same playbook here, it's Friday, quick Ins/Outs.

[JFR]

ES 5 minutes. Trying for a move up in an ugly market. Reaching out to the Pivot.

[BullBear52x]

Just like yesterday, we are now entering sell the rip zone on swing setup. first thing first, intraday is right at 61.8% it will be a bear day again? will see.

[Cobra]

Members only update at 10:05 am
http://www.cobrasmarketview.com/2022/10 ... ay-update/

[BullBear52x]

Testing the water. too good of an excitement.

[JFR]

ES 5 minutes. Up to R1.

Taking a break ...

[Trades w 2 Cats]

As Yogi Berra said "It's Deja Vu all over again!
I am guessing something to do with European markets closing for the day.

[BullBear52x]

Swing sell setup, not trigger yet, the sell setup above 5 DMA is weak one. but this is second one of this series. (RSI<70 to trigger)

[BullTart]

my momentum warning got triggered ( > 50%) - the flush down is about to happen...

[BullTart]

VIX now forming a falling wedge... the setup is near complete now

[JFR]

ES 5 minutes. Craaashhh. I think BB52x got his wish. Ha ha.

Down through the Pivot to the EMA 20, where it looks for support.

[JFR]

Alternatives. Small moves so far today.

Down: DBC IYR TLT and USO.

Up: IAU and SPYV.

Flat: SPYG and UUP.

[Trades w 2 Cats]

I have this tool but I don't use it much. Looks like we are moving into a hollow area where we could jump up.

[BullBear52x]

Perfect alignments in short term momentum. don't want to be bullish with this weak of a momentum.