09/30/2024 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

===============================================================================================================================

Usually a pullback won't last long, let's see whether this time is different.

[Cobra]

Members only update at 10:03 am
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[Cobra]

It's a morning hourly hollow red

[Trades w 2 Cats]

JHEQX is rolling their quarterly collar, The calls they are short are at SPX 5750. That is 40,000 contracts. They will be going out three months and 5% higher.Similar on the put spread that is the other half. So a big reduction in dealer gamma giving us increased volatility as earnings season begins. Don't forget the largest buyer this year (corporate buy backs) is in earnings season blackout.

[Trades w 2 Cats]

Powell speaks at 1:55 Eastern. So be ready for volatility, or not.

[BullBear52x]

Problem @ 38.2%

[Cobra]

Members only update at 12:15 pm
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[JFR]

ES daily.

Price is slipping back a little bit.

At this time it is a pause, not a pullback.

In a trading range.

Well above the EMA 20.

Lots and lots of heavy lifting needed to get a breakout.

[JFR]

ES 60 minutes.

Down from the Pivot, and back up to the Pivot.

No progress, neither up nor down.

[JFR]

The stock indexes are relatively quiet and mixed in their results, to this point.

S&P up. Dow down. Nasdaq up. Russell up.

Back later. Have a good day.

[Cobra]

Need break the pink area in order to mean something, otherwise simply the pullback got weaker and weaker.

[BullBear52x]

Swing setup: no change. in the box going nowhere.Peace!

[BullBear52x]

Bonus chart: no fear no bears, there is bear today, fearful market is kicking back in again, buyers beware!

[MrMiyagi]

Powell said something something market tanked, he shut up, market bounced. Wait to see real direction.

[Cobra]

Maybe bears were over.

[Cobra]

Members only update at 3:32 pm
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374