03/08/2019 Live Update

[Cobra]

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might be a rebound here first but this bear shall have legs.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2019/03 ... ay-update/

[BullBear52x]

Day trade got 15 handles range to work with today, lower gap on cash index is 2719ish

[Cobra]

members only update at 9:38 am
http://www.cobrasmarketview.com/2019/03 ... ay-update/

[BullBear52x]

Buy testing the water.

[BullBear52x]

The path of least resistance is down, rips will be sold today.

[BullBear52x]

so far so good for bulls but need to clear 61.8%

[Trades with cats]

Machine drawn regression channel on the overnight.

Comments worth repeating from Morad (FT71) this morning were he expects the gap to stay open and IT'S FRIDAY so looking for the market to get quiet after Euro zone close.

[BullBear52x]

first try is no go for bulls, oy...

[BullBear52x]

Try again, too low to sell. it can not get any lower LOL

[Cobra]

members only update at 10:12 am
http://www.cobrasmarketview.com/2019/03 ... ay-update/

[Trades with cats]

5 minute view regular hours. Fat Tails quartile deviation bands on VWAP .
Notice how Gaussian today is looking. FT71 pointed out that yesterday was relatively orderly, so welcome back volatility, as well as
ES 6/19 2737 is the overall point of control (most common price) for the last 14 months, so around 2732 cash market. Also pointed out that we are around the strong double bottom from Feb 5th and 6th.

[BullBear52x]

Volume on H19 is better than M19 (ES) next week I will start to trade M19.

for H19 36.5 is key resistance today.

[BullBear52x]

Take half off the table, resistance zone.

[Cobra]

probably the range low was in.

[BullBear52x]

Bulls still have a chance at a higher price, will see the next bear's sell move.

[Trades with cats]

Double top and drop or breakout

[BullBear52x]

Key time, bulls need to stay above 50% today at the least.

[Trades with cats]

Market seems to be following my poorly placed trend lines. Yesterday we had an orderly reversal around 1 Eastern, waiting to see what happens today. Assuming being Friday only the truly brave or the truly uninformed would stay in over the weekend, so expect to see afternoon different from morning.

[BullBear52x]

SPX road map, we may pull down further to fill the gap at 2719ish, but for down trend, we need to see LH to confirm with new LL. currently we are in buy the DIP of a daily setup. soooooo first thing first from It is what it is department.