10/24/2022 Live Update

[Cobra]

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Double top or not, wait and see. Multiple resistances here.

[merryme]

Perfect trade from Friday.

[BullTart]

let's see if the VIX breaks out of this descending wedge today... it is looking like it wants to

[BullBear52x]

For the good or the bad, today is a turning day on wave cycle. no weakness allow for the bulls.

[jademann]

Hard to be bullish when Hong Kong was down 6.5% overnight and only days before another 0.75% increment here..

[brokebybernacke2]

Hard to be bullish when Hong Kong was down 6.5% overnight and only days before another 0.75% increment here..

close your eyes, hold your nose, the world is always burning.

[JFR]

ES daily. Up to resistance at the top of the trading range price has been in since late September.

[BullTart]

... meanwhile, UVXY hinting at what's to come... shot straight up right out of the gates on open and not looking back.. you know what that means

[Cobra]

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

[BullBear52x]

Daily trend following setup is not even close to sell the rip zone, a reversal from here will be a sign of weakness, bulls are way too weak if reverse down from here.

[JFR]

ES 5 minutes.

Up almost to R1. And now dropping like a stone.

[BullBear52x]

Overnight market were opening very strong but can not find bidders and were selling all night until this morning the bulls tried again, looks like the cash session buyers are not bidding it up either. over night low should be tested again and will go from there if there will be a true support today. or we are really done here.

[BullBear52x]

/ES is now looking down to 3706

[BullTart]

have been adding more short positions as my indicator approaches 50, will add more here until it tops out and comes down... and that's when the market will dive to either a higher low, or a lower low relative to 3500.

steeeaaaaady...

[Al_Dente]

Options traders have been exiting calls since Friday
5min

[BullBear52x]

Market volatility for day trade, each swing highs and lows used to be 10 points, people were shocked then, these days, 30-50 points it's just another day. Vegas casino style, go big or go home on both sides.

[merryme]

Noticeable change in behavior/volatility on the one minute. It hasn't been like this for quite some time. Easy to see....it started right at open/

[JFR]

Dow 30. More green than red.

3 Health Care stocks, AMGN, MRK and UNH, at the top along with VZ.

NKE dragging along the bottom.

[JFR]

Alternatives. Some jockeying around, but in terms of movement, getting somewhere, relatively quiet.

Ho hum kind of day.

Taking a break from the "action."

[BullBear52x]

Range day again. boring.