01/18/2022 Live Update

[BullBear52x]

Funny falling wedge, bull trap.

[Cobra]

Members only update at 12:15 pm
http://www.cobrasmarketview.com/2022/01 ... ay-update/

[BullBear52x]

Wish you were in is better than wish you were out. for bulls.

[Al_Dente]

ATT ROLLOUT OF 5G scheduled for tomorrow,
Just now: ATT will ease up on rollout around airports
It's all CNBC has been talking about this morning
I don't understand the issue/problem
Paging a smarter person: please post and explain

[ccash04]

ATT ROLLOUT OF 5G scheduled for tomorrow,
Just now: ATT will ease up on rollout around airports
It's all CNBC has been talking about this morning
I don't understand the issue/problem
Paging a smarter person: please post and explain

From my limited understanding, it interferes with frequencies used by air traffic controllers and has not been allowed near airports until they work through frequencies or something like that. Very limit understanding.

[Ratbastrd]

ATT ROLLOUT OF 5G scheduled for tomorrow,
Just now: ATT will ease up on rollout around airports
It's all CNBC has been talking about this morning
I don't understand the issue/problem
Paging a smarter person: please post and explain

Worries that 5G will mess with the automated landing systems used by airlines in poor weather conditions. In really bad weather or foggy weather, airlines will use the ground radar to land in a semi-automated way.

https://www.lightreading.com/5g/why-doe ... -id/774629

[hunterman]

It actually uses a frequency close to what they use for altimeters. This determines the planes distance above the ground. In some European airports they block the signal within a certain distance (? Not sure how far) but in us case they only want it blocked for a very short distance from landing

[Al_Dente]

XLF is above 200sma
GS is below
JPM is below
MS is below

EARNINGS: Wednesday, January 19: BAC, MS, USB

[BullBear52x]

/ES eyeing 4550 or 4530

[Al_Dente]

Best sector is energy, XLE, and that is now RED

[Al_Dente]

THANK YOU ccash04, ratbastrd, and hunterman

[BullBear52x]

Rejection from MA resistance were strong no end insight. will have to hold until the lady shows up.

[BullBear52x]

Another sell, as long as it produces LL the bears are in full control, will see from here.

[Trades w 2 Cats]

Added weekly outline volume profile on right side. Today it shows clearly how thin that overnight selloff was.

Gap from 12/20 is now closed. Looks like the selloff extended a bit to 4562. Now market needs to work on setting a new all time high or get on with testing how low the Fed will allow it to go. Now we are just treading water waiting for something to move it.

[BullBear52x]

last sell failed, tomorrow is another day. to have a positive price action a minimum regain the price above 61.8% Peace!

[Al_Dente]

Added weekly outline volume profile on right side. Today it shows clearly how thin that overnight selloff was.

Gap from 12/20 is now closed. Oy. Looks like the selloff extended a bit to 4562. Now market needs to work on setting a new all time high or get on with testing how low the Fed will allow it to go. Now we are just treading water waiting for something to move it.

[Trades w 2 Cats]

Five minute chart. Kissing VWAP from below. Not sure if we get back to opening print, but it is possible.

[Trades w 2 Cats]

Klinger Volume Oscillator works a lot better on that 5 minute chart. With tick charts there is no volume trend so it sort of turns into yet another variation on MACD.

[Trades w 2 Cats]

Failed to break VWAP so failed to break out of the channel.

[Trades w 2 Cats]

Well shut my mouth, other time frame traders piling in after that nice bounce off 4574. Looks like the snap back rally could have started. Or Not.