12/05/2019 Live Update

[Cobra]

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no idea up or down from here.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2019/12 ... ay-update/

[alphahorn]

short at 3119.50, looking for 3112 target

[alphahorn]

there's a trendline off recent lows around 3112, that will be a key test. breaking through that level then we could see 3094 today

[alphahorn]

3094 is the 50% retracement of the recent move up to 3019 cash, there is also a large volume base there

[Trades with cats]

I need to add overnight to this some how. The gap up open fools the MACD thus the CAM indicator colors opening bar green.
I post this to show the 30 day composite volume profile in heat map colors. Makes it pretty clear what we are up against as far as any big moves today.

[Trades with cats]

Normal 2,000 tick with overnight. Normal (not heat map) composite doesn't convey same message.

I have added in a Hull Moving Average (HMA) to highlight what is going on with the EMA 21. Still thinking about if it helps clarify what is going on. I don't like having to think, just reacting to simple things seems to work better.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2019/12 ... ay-update/

[alphahorn]

i'm out half at 3111.50 half at 3110.50

[Vaamsy]

i'm out half at 3111.50 half at 3110.50

3107 has to give way for 3094 right?
15mins and Hourly says, its gonna make it to 3094.

[alphahorn]

If ES is going to bounce it should do it here. Lower trend line right here

[Trades with cats]

Morad's (FT71) scenario 3 was looking for just below 3100.

[alphahorn]

I think 3103 ES is the key level

[Vaamsy]

At support and then 3094. Then 3060?

[alphahorn]

i think we'll see 3094, I just think we're due for a nice bounce first

[te_fern]

Triangle to watch...

[alphahorn]

i'm long at 3105.25 withva 3110 target

[Trades with cats]

[Vaamsy]

i think we'll see 3094, I just think we're due for a nice bounce first

3111.5 -3113?

[alphahorn]

i thing it gets to 3110, backs up a bit then goes to 3114 ES