12/02/2022 Live Update

[Cobra]

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Diamond top breakdown, guess the job data is very good, what a irony.

[JFR]

ES daily. The move up early this morning was just wiped out in one minute. Jobs report anticipation related?

[JFR]

ES 60 minutes. "What goes up ... " Crash, from the Pivot, down through S1 and through S2. Finding some support at 4007.

[Al_Dente]

November Employment Report: 263 thousand Jobs, hotter than expected,
unemployment rate was unchanged at 3.7 percent.

The pre-FOMC blackout period closes,
9:15 Fed's Barkin: “Is a Labor Challenge Coming”
10:15 Fed's Evans: “The Role & Effectiveness of Financial Regulation”
1:00 PM Fed's Evans Speech

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2022/12 ... ay-update/

[Al_Dente]

Dow is down -285p at the moment
74% of NY stocks are declining
Divergence: options traders are buying a lot more calls than puts

[Cobra]

It's a morning hourly hollow red

[Al_Dente]

Here's what I meant "buying more calls than puts"

[Mr. BachNut]

FYI

The VIX just closed the last outstanding open down gap from August.
The August and April VIX lows are close. So, one can wonder how much drop may be left in VIX.
It remains well within a declining channel.
I am inclined to believe that a break of the declining tops line will be a notable thing when it occurs.

[brokebybernacke2]

FYI

The VIX just closed the last outstanding open down gap from August.
The August and April VIX lows are close. So, one can wonder how much drop may be left in VIX.
It remains well within a declining channel.
I am inclined to believe that a break of the declining tops line will be a notable thing when it occurs.

VIX 120222.jpg

Bothersome. Paging Mr. Powell, paging

[brokebybernacke2]

2 days in a row vix collapsin

[Cobra]

EMA20 now usually is the bear's last stand, seems a little fighting now.

[Trades w 2 Cats]

Still working with volumetric bars. Helps to highlight where the action was. Past tense for action at this point. Note that the extended hours and regular hours VWAPs are on top of each other and in agreement with the regular hours VPOC. With 6 billion a day of buyback money controlled by Goldman's trading desk VWAPs should be important.

I have turned off color on the cumulative delta overlay, that is why they are just empty black rectangles.

[Cobra]

Members only update at 12:03 pm
http://www.cobrasmarketview.com/2022/12 ... ay-update/

[JFR]

ES 5 minutes. Sneaking up the chart. Those dayum bulls.

[Cobra]

Don't know whether the pullback means we hit the range high. My experiences, usually the pullback would be bought, today will try to fill the gap.

[Cobra]

Members only update at 3:15 pm
http://www.cobrasmarketview.com/2022/12 ... ay-update/

[Cobra]

Members only update at 3:20 pm
http://www.cobrasmarketview.com/2022/12 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/ ... /533449377

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/ ... /533449377