01/03/2020 Live Update

[Cobra]

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Sharp sell off overnight, probably the rebound would be sold.

[JFR]

ES daily. Pullback overnight to the EMA 20.

[Cobra]

The members only update starts here: http://www.cobrasmarketview.com/2020/01 ... ay-update/

[JFR]

ES five minutes. A move down and a move up overnight.

[JFR]

ES, NQ, YM and RTY overnight gap down.

[JFR]

At the open, only two Dow stocks ahead of the game. CVX and XOM. Oil stocks reflecting the assassination of the Iranian general.

[JFR]

XLE Energy, riding a wave.

XLE.png (8.01 KiB) Viewed 4236 times

[alphahorn]

I think the money will be made on the downside today. I called an immediate term top after yesterday's close for my subscribers before the bombing. This bounce should be sold pretty hard if my count is correct

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2020/01 ... ay-update/

[JFR]

GLD, LMT, RTN AND NOC doing well, following the developments in Iraq.

[Cobra]

It's morning hourly hollow red

[Heck]

C/P Long Opening PUTS two times Calls and All Securities = DOWN DOWN

Fear/Greed 87 = DOWN

SPY SELLING Below 322.95 = DOWN

[JFR]

ES five minutes. All is quiet, in a base, for the time being. Things could heat up.

Back later ...

[Al_Dente]

VIX is up 11%

[Cobra]

Bias is up but I'll treat it as a range day. Don't think it'd be a downtrend day.

[BullBear52x]

This market have no problem of gaping up at any level, this time doesn't hold. Sell

[BullBear52x]

RSI neg D. is now in play.

[BullBear52x]

As I said before, Neg D is not necessary mark the real top as seen here. bulls will fight out one more time at the least. every time we got HH, trend following should earn a buy dip coupon this is including over night high.

[Cobra]

Members only update at 12:05 pm
http://www.cobrasmarketview.com/2020/01 ... ay-update/

[Trades with cats]

Twitter-
NOT QE time: *FED BUYS $7.501B OF BILLS FOR RESERVE MANAGEMENT
9:04 AM · Jan 3, 2020

Time stamp is mountain central so 11:04 eastern. 5 minutes later the market bottomed and started the current run . I am sure it is just a coincidence.