Cobra's Market View

No buyers, bulls are dead.

NYA gap easily go filled. Next natural target would be MA200, as mentioned on Monday.

Germany “emergency” partial lockdown starting monday
announced just prior to the current leg down

Like I said, we stuck in the range bounded by black lines. May touch the upper line first then down to test the lower line. We'll see.

Don't know what to make of it. for intraday trade down side is limited but sellers are strong today. wait for this sell to fail then I will try again.

last hope for bulls. I will chase it out. too far down way.....oversold.

zh: the Fed and the other central banks have led the robo-machines, day-traders, and Robinhood waifs into the most hideous stock-chasing mania in recorded history.

Here are just a few of the market extremities:

Amazon is now 43% of the S&P 500 consumer discretionary index;

Nearly two-thirds of the market is underperforming so far this year;

Year-to-date, only one in three stocks is actually in the green;

One in five stocks is down 50% or more from its all-time high;

The five largest stocks in the S&P 500 have a combined market cap that equals that of the “smallest” 389 stocks;

Apple, Amazon, Microsoft, and Google—four companies—have a combined market cap (over $6 trillion) that is greater than the GDP of every country in the world, minus the US and China;

Tesla, having surpassed Walmart (with one-twentieth of the revenue!), has become the ninth-largest stock in the US.

I am not greedy something like this will be fine at end of day.

what a day for an IPO
ROOT
(provides insurance to customers through mobile apps)

cute animal is hard at work.

it is time to move. HH

.

a common MM practice on a day like today.

Macron is now speaking
update: france lockdown

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

Consumer Reports: Tesla Autopilot 'a distant second' to GM's Super Cruise in hands-free test
https://www.reuters.com/article/us-auto ... SKBN27D1B7

Vix has reached up to the 38-44 target. If exceeding 44.xx, next range could be 61-69. Peace