10/26/2022 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to cobra@cobrasmarketview.com.

=============================================================================================================================================================================

Lower high or not, wait and see.

[BullBear52x]

Stick to what works.

[BullBear52x]

New development: $CPC >1, today will be the turning point? very likely as of now.

[BullBear52x]

A daily sell the rip setup triggered. IF only IF bears can close here or lower today.

[jademann]

This one might be interesting when rates have peaked:

[ccash04]

10 yr testing 4.0% if it goes below that, hard to see a sustaining sell along with dollar weakness today.

[Trades w 2 Cats]

That blip was new home sales. They only dropped 10+ % m over m when -13 + was expected.

[BullBear52x]

Cross-sectional point, swing buy setup, this is why the fight is strong here. LL is only answer for bears, bulls will fight hard here to keep the up trend. I like to see the turn down to relief the buying pressure before another push up if we will have a bottom for the market.

[Trades w 2 Cats]

The footprint chart really shows how the bots read the news feed and reacted. No idea why they went as many points as they did, that is deep inside the program.

[Cobra]

Members only update at 10:15 am
http://www.cobrasmarketview.com/2022/10 ... ay-update/

[BullBear52x]

For counter trend crew, after a gap fill will tell if this projection will be the outcome.

[BullBear52x]

Best counter selling point, buyers profit taking. will see from here, Auction house theory is now kicks in for the answer, dip will bought intraday.

[Cobra]

The breakout now could mean it's an uptrend day.

[brokebybernacke2]

its over people, we are back to fed rescue procedures! https://www.bloomberg.com/news/articles ... securities

[BullBear52x]

A strong day should not close under the red line here. lower trade will become negative price action. bulls can not relax here either.

[BullBear52x]

If we end the day with negative price action again today, it will be 3rd day in the row to closed with negative price action. the odds of topping short term is very high.

Macro economist will trust Gold and Bonds the safe heaven more than USD. For SPX to move up also is fishy at best.

[brokebybernacke2]

its over people, we are back to fed rescue procedures! https://www.bloomberg.com/news/articles ... securities

australia, canada, now USA next.

[Cobra]

Members only update at 12:07 pm
http://www.cobrasmarketview.com/2022/10 ... ay-update/

[BullBear52x]

I think we see the HOD, I am selling now. counter trend just because I think we are toppy as it can get.

[BullBear52x]

its over people, we are back to fed rescue procedures! https://www.bloomberg.com/news/articles ... securities

australia, canada, now USA next.

Stanley Druckenmiller is back to TV and interview to alarm the big mistake of our FED. This will not work, it will end up enslave the poor financially.