01/28/2022 Live Update

[BullBear52x]

Today is 5th days of consolidation. big move is coming. well big move already every second

[Cobra]

Higher low so the low was in for today? Not sure as so far looks like a range day which if indeed then it only means we know the range low now is seeking range hgih.

[Trades w 2 Cats]

Looks like ON high will be the next serious challenge.

[BullBear52x]

With the reading like this on $VIX, the $BPSPX, the bottom is more and more likely to hold.

[JFR]

SPY 15.

In a range between the Pivot and S1. Pushing up against resistance.

[Daniel]

prepping helmet. lets get new lows out of the way...

New low in IWM today, significantly undercutting the 1/24 low. But no new low in spy, qqq, $nya, or RSP. Are the smalls leading, or an out-lier..?

[BullBear52x]

My /ES key pivot is the same at 4352.5. you know the routine, buy above sell below, for now the buy is on. looking up to 84ish if sustained.

[Daniel]

With the reading like this on $VIX, the $BPSPX, the bottom is more and more likely to hold.

Joining the IWM in making a new multi-day low today, and showing marked relative weakness, is JNK. Hi-yield and smallcaps are both considered to be "canaries in the coal mine" for the major indexes. However, while still mildly red, JNK is showing an impressive hammer on the day, from a deeper low.

[JFR]

The leading Dow stocks.

[JFR]

ADM. Staples. Food.

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally. The company operates through three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. It procures, stores, cleans, and transports agricultural raw materials, such as oilseeds, corn, wheat, milo, oats, and barley. The company was founded in 1902 and is headquartered in Chicago, Illinois. -- Yahoo Finance

[JFR]

ES five minutes. Moving on up to a higher resistance level.

Later ...

[Trades w 2 Cats]

Are we there yet? Any more and we leave the value area for the week, as in a harder climb.
(whoops, started with wrong file)

[Daniel]

AAPL up 6%. "...stocks continue to rally following their earnings report. Presumably, month-end rebalancing activity is also playing a factor in the intraday turnaround." - Briefing.com

[Cobra]

Members only update at 12:12 pm
http://www.cobrasmarketview.com/2022/01 ... ay-update/

[Cobra]

The pullback probably will be bought.

[Daniel]

GLD has made a fast trip from upper bollyband to lower, just 3 days... back within it's interminable range, having generated a fresh MACD sell signal.

[Daniel]

JC Parets: "The bottom line is this: If the Nasdaq100 (QQQ) is below 350, there’s nothing to talk about from the long side."

-today's high so far has been about 349, so perhaps close to a decision time.

[Al_Dente]

WHAT'S INSIDE IWM

[BullBear52x]

High of day is in, me thinks, and......It's Friday. Peace!

[MrMiyagi]

WE'RE NEVER GOING UP AGAIN!!!!????