Back to www.cobrasmarketview.com

12/02/2021 Live Update

User avatar
Cobra
Site Admin
Posts: 58269
Joined: Sat Feb 12, 2011 10:29 pm

12/02/2021 Live Update

Post 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 cobra@cobrasmarketview.com.
=============================================================================================================================================================================

Higher low or not, wait and see.

Small gap up, within the yesterday's range so likely it's just a range day.
Attachments
ES60min.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
JFR
Posts: 10092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/02/2021 Live Update

Post by JFR »

ES daily. Strong move down. Inside bar so far.

2021-12-02_06-06-55.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/02/2021 Live Update

Post by JFR »

ES 60 minutes. Some strong moves down. A key support level just below.

2021-12-02_06-09-03.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/02/2021 Live Update

Post by JFR »

SPY 15. Right at the previous close. Things are looking bearish, but the bulls do not give up easily, if at all.

2021-12-02_06-12-56.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/02/2021 Live Update

Post by JFR »

ES five minutes. Second test of a key support level.

2021-12-02_06-15-05.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
BullBear52x
Posts: 29488
Joined: Tue Feb 22, 2011 3:47 pm

Re: 12/02/2021 Live Update

Post by BullBear52x »

Buy
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
JFR
Posts: 10092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/02/2021 Live Update

Post by JFR »

BullBear52x wrote:Buy
Hey, where is the perma bear of old? Ha ha.
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/02/2021 Live Update

Post by JFR »

NYSE ticks moving up, well above zero. Bulls should be optimistic. Can change on a dime of course.

2021-12-02_06-37-01.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
BullBear52x
Posts: 29488
Joined: Tue Feb 22, 2011 3:47 pm

Re: 12/02/2021 Live Update

Post by BullBear52x »

JFR wrote:
BullBear52x wrote:Buy
Hey, where is the perma bear of old? Ha ha.
Honey hole, dead cat bounce back inside the band (BB) :D
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
JFR
Posts: 10092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/02/2021 Live Update

Post by JFR »

ES five. Nice move up. Hope you caught that one, BB52. Good action, today.

2021-12-02_06-43-14.png
Charts posted are not recommendations. They are just a sharing of information.
Trades w 2 Cats
Posts: 1690
Joined: Tue Dec 15, 2020 3:48 pm

Re: 12/02/2021 Live Update

Post by Trades w 2 Cats »

_  _  _  2021_12_02 (8_45_24 AM).png
User avatar
JFR
Posts: 10092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/02/2021 Live Update

Post by JFR »

Dow 30. Lots of buying going on. Taking a break. Back later ...

2021-12-02_06-50-33.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
BullBear52x
Posts: 29488
Joined: Tue Feb 22, 2011 3:47 pm

Re: 12/02/2021 Live Update

Post by BullBear52x »

JFR wrote:ES five. Nice move up. Hope you caught that one, BB52. Good action, today.

2021-12-02_06-43-14.png
Nailed it, half out :mrgreen:
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
JFR
Posts: 10092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/02/2021 Live Update

Post by JFR »

BullBear52x wrote:
JFR wrote:ES five. Nice move up. Hope you caught that one, BB52. Good action, today.

2021-12-02_06-43-14.png
Nailed it, half out :mrgreen:
Well done. I got some trading in, on the short side, pre open as well.

Back later ...
Charts posted are not recommendations. They are just a sharing of information.
User avatar
BullBear52x
Posts: 29488
Joined: Tue Feb 22, 2011 3:47 pm

Re: 12/02/2021 Live Update

Post by BullBear52x »

Inside day, this can just going no where between 38.2 to 61.8% area.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
debaser
Posts: 28
Joined: Wed Jun 29, 2016 4:08 pm

Re: 12/02/2021 Live Update

Post by debaser »

Got some VIX divergence: new HOD for ES, no new LOD for VIX so far (about 0.9 above LOD in fact)
User avatar
Cobra
Site Admin
Posts: 58269
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/02/2021 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Trades w 2 Cats
Posts: 1690
Joined: Tue Dec 15, 2020 3:48 pm

Re: 12/02/2021 Live Update

Post by Trades w 2 Cats »

_  _  _  2021_12_02 (9_20_13 AM).png
Internals have flipped for now.

I dropped market delta off this chart. Joe Granville's on balace volume is easier to read and does a similar real time job.
Trades w 2 Cats
Posts: 1690
Joined: Tue Dec 15, 2020 3:48 pm

Re: 12/02/2021 Live Update

Post by Trades w 2 Cats »

Captain obvious comment on twitter from HFT Alert. Over 200 program trade algos azctive earlier this morning. As if we didn't notice! :lol: :lol:
User avatar
BullBear52x
Posts: 29488
Joined: Tue Feb 22, 2011 3:47 pm

Re: 12/02/2021 Live Update

Post by BullBear52x »

/ES key level, I expect side ways to slightly bullish (melt up) but if it trades higher it could be something else. easy to see trading level here. delayed chart.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Post Reply