10/29/2020 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 [email protected].

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

Double bottom or not, wait and see. Possibly range day.

[JFR]

La Descente, the downhill race, has hit the pause button. Loading up for more downhill? We will see. Huge bar yesterday. Catching its breath today.

[Cobra]

The members only update starts here: http://www.cobrasmarketview.com/2020/10 ... ay-update/

[JFR]

Dow 30. Quieter opening today. CRM and AAPL leading. HON trailing.

[BullBear52x]

I am buying honey hole again today. with overnight low stop. busy today. later.

[JFR]

SPY 5. Very quiet opening. It is forming a base, for the time being. Gonna be a sharp move? Dunno. But would not be surprised.

[JFR]

SPY 5. Now she is moving.

[Ed02]

Day 4 for Bears' party. Some consolidation is needed here, similarly as Tuesday. Likely a boring range day.

[JFR]

SPY 5. Battle has been joined. Strong move up for the bulls.

[BullBear52x]

Went on wrong post.

[Cobra]

Members only update at 10:05 am
http://www.cobrasmarketview.com/2020/10 ... ay-update/

[JFR]

Good scalping today. But I have to go. Have a good one. Will check in later. SPY 5. The bulls have shown up today. I would not trust them. Ha ha

[Cobra]

Testing resistance. Breakout with strong bull bar then it could be an uptrend day. For now my guess is a range day.

[Cobra]

The upper blue line won't hold another test.

[Cobra]

Members only update at 12:30 pm
http://www.cobrasmarketview.com/2020/10 ... ay-update/

[Cobra]

Better a little consolidation before the breakout, breakout now might not for real.

[Cobra]

Ascending triangle text book target.

[Cobra]

Vol surge, widest white bar so could be a pullback here first which likely would be bought later.

[Cobra]

I don't like this pullback, a little too sharp, but still generally it should be bought. Maybe H1 long won't work, need H2 or H3 something, i.e. a couple of tries before it can be successful.

[Cobra]

Members only update at 3:42 pm
http://www.cobrasmarketview.com/2020/10 ... ay-update/