Page 1 of 3

08/12/2019 Live Update

Posted: Mon Aug 12, 2019 9:22 am
by 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. 49% chances.

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 9:25 am
by Cobra

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 9:34 am
by JFR
Overnight/weekend gap down on ES, NQ, YM and IWM. That'll teach me to hold over the weekend. Ha ha. Maybe.

2019-08-12_0632.png

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 9:36 am
by JFR
ES daily. Stopped at resistance. Pulling back.

2019-08-12_0635.png

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 9:55 am
by JFR
A sea of red on the DOW, partial list. PG and AAPL are the only ones showing even a tiny, tiny gain (not shown). Scary? Not yet. But it has our attention.

Back later ...
2019-08-12_0653.png

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 9:59 am
by Cobra

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 10:07 am
by Daniel
IWM lod, EEM lod

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 10:24 am
by Daniel
JFR wrote:A sea of red on the DOW, partial list. PG and AAPL are the only ones showing even a tiny, tiny gain....
AAPL still one of the few up issues in the sea of red.

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 10:53 am
by te_fern
Tried to play from the short side. Should have waited for a bigger pull back. Got stopped out....

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 10:56 am
by Cobra
so far just a range day.

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 10:59 am
by te_fern
Cobra wrote:so far just a range day.
I agree with that!!

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 11:01 am
by Al_Dente
te_fern wrote:Tried to play from the short side. Should have waited for a bigger pull back. Got stopped out....
me too :roll:

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 11:05 am
by Daniel
Cobra wrote:so far just a range day.
Price on spy, qqq, iwm is still within the OR-15. Up move earlier was contained by the (strongly downslope) 5min 20ema.

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 11:11 am
by Trades with cats
ES 09-19 (15 Minute) 2019_08_12 (9_07_39 AM).png
That gap and low volume area on the composite is calling the market.

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 11:11 am
by Daniel
SPY first to break to a fresh lod

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 11:12 am
by Trades with cats
most shorted 2019.jpg
From Bloomberg, in case you missed it.

Posted: Mon Aug 12, 2019 11:25 am
by MrMiyagi
Unless SPY regains $290 and gets above the 5-min 20ema (intraday) in short order. we'll give Monday to the Bears.

Note that in 5 minutes, European markets will close and that may change the path (maybe they are selling to the close).

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 11:47 am
by BullBear52x
Cash SPX Fib, internals a little bullish now. Hmmm....

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 11:50 am
by BullBear52x
Intraday Resistance zone.

Re: 08/12/2019 Live Update

Posted: Mon Aug 12, 2019 11:55 am
by BullBear52x
one more sell before the lady shows up.