12/29/2021 Live Update

[Cobra]

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Lower high or not, wait and see.

Gap down but within the yesterday's range so likely it's a range day.

[Cobra]

Members only update at 10:10 am
http://www.cobrasmarketview.com/2021/12 ... ay-update/

[JFR]

ES daily. Hitting the pause button.

[JFR]

ES 60 minutes. In a trading range.

[JFR]

SPY 15. Chop on Tuesday. More chop today.

[JFR]

Dow stocks PG and IBM doing well.

[JFR]

HUN. Huntsman Corp. Even on a 'bad' day, some stocks are looking 'good.'

[Cobra]

Maybe we had the range high and low of the day.

[Cobra]

Possible lower high, may test the day low.

[JFR]

ES 5 minutes. Chopping along. Down to a key support level.

Back a bit later ...

[Al_Dente]

We are "supposed to" be basing here before the next move to ATH
No failure allowed
We will eventually need to back test the run from the abandoned-baby low (pink circle), which should theoretically be at the conclusion of the SantaRally on or after 1/3.
All is theoretical.... the only reality is price....
60m

[Al_Dente]

btw: TQQQ (the 3x leveraged QQQ) will split 2:1 on 1/13/22

[Cobra]

Members only update at 12:05 pm
http://www.cobrasmarketview.com/2021/12 ... ay-update/

[Cobra]

btw: TQQQ (the 3x leveraged QQQ) will split 2:1 on 1/13/22

Only TQQQ? How about other 3X?

[Al_Dente]

btw: TQQQ (the 3x leveraged QQQ) will split 2:1 on 1/13/22

Only TQQQ? How about other 3X?

Here are ProShares splits
I haven't checked others
https://www.proshares.com/press-release ... ts-122021/

[Cobra]

Higher low, may test the range high.

[Cobra]

btw: TQQQ (the 3x leveraged QQQ) will split 2:1 on 1/13/22

Only TQQQ? How about other 3X?

Here are ProShares splits
I haven't checked others
https://www.proshares.com/press-release ... ts-122021/

Thanks!

[te_fern]

I didn't see where Direxion has announced any splits yet....

[JFR]

John Madden. RIP. Everybody loved John Madden, including this fan. "Be on Time. Pay Attention. Play like hell on Game Day." That was it for rules. God bless.

[Cobra]

Members only update at 3:36 pm
http://www.cobrasmarketview.com/2021/12 ... ay-update/