10/26/2018 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 info@cobrasmarketview.com.

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

double bottom or not, wait and see. bulls may have 51% chances.

[Daniel]

AAPL has already done a million shares in the pre-market!

High interest, high volatility day. Many opinions.

AAPL holding a buck off its premarket low.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/10 ... ay-update/

[QED]

.
PSA: This weekend Europe shifts off of Daylight Saving Time, so the algos (programed to the London close) will be confused all next week, until the USA makes the shift on November 4th.
.

[Daniel]

QQQ hod

[Daniel]

.
PSA: This weekend Europe shifts off of Daylight Saving Time, so the algos (programed to the London close) will be confused all next week, until the USA makes the shift on November 4th.
.

har har har, algos don't get confused. Not even Y2k could confuse them. They'll hack the adjustment. ..

[BullBear52x]

1 min. reversal is good, now wait and see the 5 min. HH if bulls want Positive Divergence from yesterday to stick.

[BullBear52x]

Intraday buy day again today.

[Trades with cats]

Overnight low was 5:30 AM Eastern time, so it only makes sense that it needs to be tested. ES 2646

[Trades with cats]

I could easily be wrong on my estimated measured move.

[Daniel]

VIX 27

[Cobra]

members only update at 10:10 am
http://www.cobrasmarketview.com/2018/10 ... ay-update/

[Daniel]

Down goes AAPL! Fresh lod

[JFR]

Hang on to your hat.

[BullBear52x]

Now it's time to see when market crashed in the past, with the GDP like this I will say what's in front of me doesn't suggest that it will crash any time soon.

[Daniel]

Down goes AAPL! Fresh lod

Snort. Huff. Apple bulls quickly back up off the mat. That low around 214.60 was just a quick pierce of the pre-market low, price reversed quickly.

[Trades with cats]

Twitter feed saying at least three significant sell programs accounted for that drop.
Zerohedge saying Hedge Fund redemption request letters generally due Nov 15th. At that point possible several smaller funds will be forced to close their doors.

[Trades with cats]

Now it's time to see when market crashed in the past, with the GDP like this I will say what's in front of me doesn't suggest that it will crash any time soon.

Ned Davis research world wide economy chart saying 92% chance global recession. US is the cleanest shirt in the closet.

[Daniel]

EWG is also testing its recent 20day LO today, currently holding above it. The US market is not the only fish in the ETF universe. Country sector-rotation can also be harvested.

[Al_Dente]

“…if history is any guide, traders should proceed with caution…”
[Ned Davis Research, in a note to clients, yesterday]