05/28/2019 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 info@cobrasmarketview.com.

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

consolidation for the past 3 days, no direction.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2019/05 ... ay-update/

[Daniel]

Kaboom! Emerging Markets strong at the start. Over 1% gains in EEM, FXI, EWZ...

[Daniel]

From pundit S.Redler: "Range is tight. SPX will need to get and stay above 2841 to relieve some pressure." {--HOD so far has been 2840.50}

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2019/05 ... ay-update/

[Daniel]

UUP hod, dollar is still in demand.
Coming up strongly, off a recent test of its (upslope) daily 20ma.

TLT at a new daily multi-whatever high, off the charts. Bond bears are crushed.

[Trades with cats]

Media keeps talking about world wide dollar shortage and of course the flight to safety in Treasuries. No clear reason yet for those trends to change what with the way Fed speakers are talking and the saber rattling out of Washington.

[te_fern]

A triangle, will see if we get a bounce or a breakdown....

[Cobra]

some support here so maybe a rebound first, but at the best for bulls it's just a range day today.

[Trades with cats]

Looks like a bottoming formation and the timing is right for the usual up move into the Euro Zone close.

[Trades with cats]

As the text book says support becomes resistance. Move up for euro zone close looking like a pull back for the bears to reset. So back into the range.

[Trades with cats]

[te_fern]

Maybe the ST range for now...

[te_fern]

Been watching the smalls this morning. Need a push to a higher high....

[Cobra]

members only update at 12:08 pm
http://www.cobrasmarketview.com/2019/05 ... ay-update/

[te_fern]

At the top of the range now....

[te_fern]

Trying to break out.....

[Trades with cats]

Does anyone have a video of paint drying?

[Trades with cats]

Finally within the possible bounce zone looking for a scalp set-up.

[te_fern]

No breakout, back at the bottom of the range.....