10/11/2022 Live Update

[BullBear52x]

Above 61.8%, next is 100% move. /ES looking at 3661, I will call it a day if we hit it. Peace!

[JFR]

ES 5 minutes. Nosing back up to the June low.

[BullBear52x]

Bullish piercing candle if we closed here or higher.

[JFR]

ES 60 minutes. Strong up move through the Pivot.

Door #1 Bounce.
Door #2 Crash.
Door #3 Base.

Looks like it has chosen Door #1. For now. The bears are still out there.

[BullBear52x]

Will see how many days the bounce will be this time, $CPC <1 I am sure there will be a follow through tomorrow. good luck all. Peace!

[Cobra]

The pullback probably will be bought again.

[merryme]

Still long, it was a bigger shakeout then I expected. Nice move up. Now do we retest the new low?

[merryme]

Re: Jamie Dimon's comments...

"Stocks could fall ‘another easy 20%’ and next drop will be ‘much more painful than the first’, Jamie Dimon says"

To me, this is market manipulation also. He's not being benevolent and giving free advice to be helpful. He's a banker and has a motive for shareholders.

So, that rotation top and this significant downtrend in JPM isn't the CEO's fault, it's the FEDs fault. 20% more down, JPM target is $80.

[JFR]

ES 5 minutes. Beneath the June low. Above the Pivot. Sitting on the EMA 20. Slow train to nowhere.

Have a good afternoon.

[Al_Dente]

10/11 The demand for personal computers in the third quarter dropped 19.5% vs. 1 year ago, marking the steepest decline in more than 20 years, according to the WSJ.
In the recent quarter, PC manufacturers shipped 68 million computers, down from 84.5 million in the same quarter of 2021

[BullBear52x]

Well looks like a crash to me, but, tomorrow will find out, if HL will be made here, weak counter trend buy setup for Swing buy. new LL from here will be No no... lets make a killing tomorrow. Peace!

[BullBear52x]

Now for positioning, this is bad shakeout if you are lucky, "Wish you were in is better than wish you were out" LOL. HL is still possible, I will not count the bulls out until new LL. what a day. /ES back at support of 3592.

[merryme]

Market maker thoughts....

[1der]

I went flat.

Nice trade and management

[Cobra]

Members only update at 3:33 pm
http://www.cobrasmarketview.com/2022/10 ... ay-update/

[Cobra]

Members only update at 3:48 pm
http://www.cobrasmarketview.com/2022/10 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449381