01/18/2019 Live Update

[Cobra]

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This bull shall have legs? Wow.

[JFR]

The bulls are running. How far?

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2019/01 ... ay-update/

[BullBear52x]

WOW is the right word for this market, see std RSI 14. still not cracking 60, thing that make you go Hmmm....

[BullBear52x]

from renew intraday strength, Trend following is back in buy the dip, Buy/Sell until it fails.

[JFR]

And they're off. Overnight gap up on ES, NQ, YM and IWM.

[BullBear52x]

first move is to sell I guess but dip will be bought.

sell @ 54

[BullBear52x]

my first profit taking for this sell is at 45ish

[BullBear52x]

Yesterday HOD should give a good support.

[JFR]

The market is psycho. And stockcharts is having some issues. Gheesh. Trying to get some decent readings ...

[Al_Dente]

The market is psycho. And stockcharts is having some issues. Gheesh. Trying to get some decent readings ...

those odd bars are also showing on tna, gdx, smh and many others

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2019/01 ... ay-update/

[Cobra]

it's morning hourly filled black bar

[JFR]

The market is psycho. And stockcharts is having some issues. Gheesh. Trying to get some decent readings ...

those odd bars are also showing on tna, gdx, smh and many others

Can't fly this thing without instruments. Taking a break ...

[BullBear52x]

TOS is down, be right back,

[Al_Dente]

[Bloomberg tweet, minutes ago]
China will boost its economy
“large scale” tax cuts
Will “boost” car sales, and “guide” borrowing costs lower
Add money to the banking system
Still, the trade war will weigh on growth
It will take time for stimulus to take effect, and more pain may come first [says ING Bank]

Hence, global rally

[Al_Dente]

btw
NFLX is down -3.7%
AXP is down -1.7%
both on last night's eps

[Al_Dente]

BREAKING: China has offered to go on a six-year buying spree to ramp up imports from the U.S. as a path to eliminate the trade imbalance
[bloomb]

[BullBear52x]

I wondered, anyone day trade any more on this board? last spike took out my profit stops both up/down. sit on my hands now.

[te_fern]

I wondered, anyone day trade any more on this board? last spike took out my profit stops both up/down. sit on my hands now.

Yes, BB52. Been getting the direction correct, but the whipsaws are taking out my stops. I'm taking a break today since I'm tired of losing money in this crazy market....