11/02/2022 Live Update

[Cobra]

The very first reaction usually is the true direction so the market wants to go up.

[Al_Dente]

Advancing issues are 59% of total issues at the moment
Thin rally; not so many participants
The big guys are pushing it up ... little guys, not

[Al_Dente]

NOW
the presser:
https://www.youtube.com/watch?v=-yiC8wZvzgQ

[BullBear52x]

mentioned balance sheet a lot, if true, tightening to continue.

[ccash04]

Their QT is not really QT in the old sense where they are actively selling just letting securities mature. If they actively sold their MBS holdings not sure there would be a market anymore or interest rates for mortgages would be north of 10%.

[BullBear52x]

Fed Blah blah blah,

Keep it simple for short term trade, using 0 line on the momentum and strength of your choice. see you next week. long weekend ahead. Peace!

[BullBear52x]

Zoomed in on hourly, break down is more likely with next lower target sitting at around 3650ish. GLTA. Peace!

[JFR]

ES 5 minutes. All the way back down, through S2.

[Cobra]

Members only update at 3:35 pm
http://www.cobrasmarketview.com/2022/11 ... ay-update/

[Al_Dente]

DIVERGENCE
crazy kids are still buying calls !!

[Al_Dente]

Advancing issues are 59% of total issues at the moment
Thin rally; not so many participants
The big guys are pushing it up ... little guys, not

Now the issues DECLINING are 81%

[Cobra]

Members only update at 3:53 pm
http://www.cobrasmarketview.com/2022/11 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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/ ... /533449387