10/26/2021 Live Update

[Cobra]

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Lots of doji so maybe a pullback upon open then we'll see. No sign of a top yet.

Gap up above the yesterday's high so likely a trend day either up or down. The gap probably won't hold, let's see.

[BullBear52x]

at this point, buying will be a hard pill to swallow.

[JFR]

SPY 15. Up. Up. And up. For the time being. Pbar at 0800.

[JFR]

Index ETFs. IWM out of step.

[JFR]

Alternatives.

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2021/10 ... ay-update/

[JFR]

Dow 30. One tech leading, CSCO, and one trailing, INTC.

[Cobra]

Consolidation so breakout is more likely which if indeed and with good looking bull bar then it's the early sign of an uptrend day.

[Ratbastrd]

Vix green, markets green. This isn't likely to continue. Moving into leveraged short instruments for a swing trade

[BullBear52x]

Vix green, markets green. This isn't likely to continue. Moving into leveraged short instruments for a swing trade

That is the reason I can not buy in, will wait for sell signal, so far nothing on my setup for bears yet. will wait a little bit long.

[mayflower999]

Vix green, markets green. This isn't likely to continue. Moving into leveraged short instruments for a swing trade

Swing Trade - does this mean a relatively long term trade that you may hold for at least a few days? Thank you!

[JFR]

ES five minute. Pullback to the EMA 20. Looking for support.

Back later ...

[Ratbastrd]

Vix green, markets green. This isn't likely to continue. Moving into leveraged short instruments for a swing trade

Swing Trade - does this mean a relatively long term trade that you may hold for at least a few days? Thank you!

Yes (sort of). Typically I'll hold a short position for few days max (4-10 days). I'm cautious with short positions, they tend to move precipitously, both directions...LOL

[BullBear52x]

Here we go, a good bye kiss or 2x top sell, need to see LL from here.

[BullBear52x]

How much do you know about chart pattern? another good bye Kiss.

[BullBear52x]

Yesterday's HOD is the target.

[Ratbastrd]

How much do you know about chart pattern? another good bye Kiss.

I'm not a huge fan of chart patterns. Bulkowski tried to calculate % meeting targets and eventually gave up, and I refuse to trade anything Elmo sings to my grandkids "Heads, shoulders, knees and toes, knees and toes"

[Cobra]

Members only update at 12:15 pm
http://www.cobrasmarketview.com/2021/10 ... ay-update/

[Cobra]

The gap today should be filled, the current pullback has chance to fulfill it. Forgot to mention the official confirmation of an uptrend day was not done as it didn't make a breakout from 10:25 to 11:25 consolidaiton. Today is an example the early call of an uptrend day always has some risks.

[BullBear52x]

No fear No bear, well....it took 3 days before the squeeze settled, look at falling star candle if you are a bear. charts work if we let it play out its magic.