10/13/2022 Live Update

[Daniel]

UUP lod

[JFR]

Alternatives.

A lot of shake outs and traps today. Tricky trading.

Whatever traders thought earlier, it is now reversed.

[BullBear52x]

Now entering my sell setup, fill the gap first or just testing yesterday's bottom? /ES 3592 resistance.

[JFR]

Gap down and fill on DIA, IWM and SPY. QQQ not quite there yet.

[BullBear52x]

Entering sell setup on swing also, Bears are like a kid in a candies store.

[JFR]

ES 5 minutes. The bulls are snapping up bargains. As the old saying goes: "Like a fat kid on a Smartie."

Taking a break ...

[BullBear52x]

I am selling now, this is too good to be true.

[brokebybernacke2]

I am selling now, this is too good to be true.

the battle for the 200wma is on

[BullBear52x]

Bullish piercing candle. same playbook. I only have one play book

[marcueus2]

CFD on SPX showing that market want to go a lot higher
It is extreme rare to CFD being higher or lower than actual SPX, it always ends to going into direction this anomaly appears

[brokebybernacke2]

CFD on SPX showing that market want to go a lot higher
It is extreme rare to CFD being higher or lower than actual SPX, it always ends to going into direction this anomaly appears

dunno. 500 down, 500 up....do know this is absolutely the best spot to crash a market, right here in this price zone, slicin dicin, vix not acting right. not saying going to happen, just saying a picture perfect vista for it. popcorn, watching.

[Cobra]

Members only update at 12:12 pm
http://www.cobrasmarketview.com/2022/10 ... ay-update/

[Cobra]

The pullback probably will be bought.

[BullBear52x]

Swing sell triggered. next intraday buy the dip will tell if today's bulls move is for real.

[BullBear52x]

Intraday support above 61.8%, bulls don't want to see a weak closed.

[JFR]

DIA, IWM, QQQ, SPY. A good run for the bulls. Now dealing with resistance.

[JFR]

ES 5 minutes. Up to the June low, where it hits a wall. For the time being.

[JFR]

ES 5 minutes. Breaking out, above the June low, to a new level of resistance.

[merryme]

Market makers pull an incredible fake out. Awesome.

[Mr. BachNut]

Shorter than usual post today. Short on time.

NYMO cycle is down, but there is a huge positive divergence.
We hit the lower Turn Zone at the open after CPI and now approaching the zero line.

We only have one nearby open gap up at SPX 3744.52.
We have edge to take a trip to the middle keltner presently at SPX 3864.8 and falling.
This morning looks like a buy the news moment. Everybody must be on the same side of the boat.

I am long some SPX. I bought the CPI plunge this morning as a day trade, but may hold depending on how things go.
My long at the September close was breakeven stopped. So, this morning's trade is effectively a reload at a better price.
These aren't my usual swings (long needs price to go up...), but I am trying to capture a possible trip to the middle keltner.
October is known as the Bear Killer. Let's see if it lives up to it's reputation...