Back to www.cobrasmarketview.com

10/10/2016 Live Update

User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/10/2016 Live Update

Post by Al_Dente »

Interest rates are testing double top resistance
With TNX at 17.23 (1.72% yield on the 10 year treasurys)
edit: that would be friday's quote on TNX, as the bond market is closed tody
DAILY chart
ps: banks like higher rates, and have broken out today (not on this chart)
1010rates.png.png
Last edited by Al_Dente on Mon Oct 10, 2016 12:42 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
BullBear52x
Posts: 29606
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/10/2016 Live Update

Post by BullBear52x »

VIX will decide direction, right now is none but overall bearish bias, sideways to down leaning.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 10/10/2016 Live Update

Post by fehro »

USdollar active.. new HOD mind last week's HOW.. DXY takes out 97.65 ish July highs.. look out for an explosive up move, mind the oils/gold.. could see sharp drop in both
Attachments
Screen Shot 2016-10-10 at 9.59.50 AM.png
User avatar
BullBear52x
Posts: 29606
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/10/2016 Live Update

Post by BullBear52x »

fehro wrote:USdollar active.. new HOD mind last week's HOW.. DXY takes out 97.65 ish July highs.. look out for an explosive up move, mind the oils/gold.. could see sharp drop in both
intraday /DX is very overbought right now.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29606
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/10/2016 Live Update

Post by BullBear52x »

Clockworks
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 10/10/2016 Live Update

Post by fehro »

BullBear52x wrote:
fehro wrote:USdollar active.. new HOD mind last week's HOW.. DXY takes out 97.65 ish July highs.. look out for an explosive up move, mind the oils/gold.. could see sharp drop in both
intraday /DX is very overbought right now.
still going.. 96.94 nHOD again over bought can become even more overbought :roll: :lol:
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 10/10/2016 Live Update

Post by Trades with cats »

US Dollar, once again the cleanest dirty shirt in the closet. Afterall US is in fourth place for debt apocalypse, so good place to hide for now.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 10/10/2016 Live Update

Post by Trades with cats »

Rut-row, ES kissed VWAP from blow twice now, since falling through (12:30 ish and 1:30 ish depending on your chart) looks like a ceiling on price for now.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 10/10/2016 Live Update

Post by fehro »

Trades with cats wrote:US Dollar, once again the cleanest dirty shirt in the closet. Afterall US is in fourth place for debt apocalypse, so good place to hide for now.
yup Article 50 right before the French and German elections.. bye bye EURO.. once the GBP sterling bases out.. could become the cleaner shirt.. :roll: :lol:

https://mishtalk.com/2016/10/09/article ... tly-timed/
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 10/10/2016 Live Update

Post by Trades with cats »

And speaking of the devil, whoops, I mean Goldman, why they think the Renminbi is looking for a 30% crash, by-by Chinese banking sector. I will give them credit, they are expert on dirty tricks (Goldman that is).
http://www.zerohedge.com/news/2016-07-0 ... l-outflows
User avatar
BullBear52x
Posts: 29606
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/10/2016 Live Update

Post by BullBear52x »

This is why I don't think UUP/USD will go much higher, lots of resistance up to 25.25 on UUP.

weekly is still on the sell. bears need to see LL tho
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29606
Joined: Tue Feb 22, 2011 3:47 pm

Re: 10/10/2016 Live Update

Post by BullBear52x »

GLD and its 200 ma

last support line at 116ish, bottom is near or never for GLD bulls.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 10/10/2016 Live Update

Post by fehro »

BullBear52x wrote:GLD and its 200 ma

last support line at 116ish, bottom is near or never for GLD bulls.
yup.. 50w next lower support 117.52 if 200d goes
Attachments
Screen Shot 2016-10-10 at 11.22.19 AM.png
User avatar
Cobra
Site Admin
Posts: 58558
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/10/2016 Live Update

Post by Cobra »

2nd attempt to rebound, failure would be bad.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 10/10/2016 Live Update

Post by fehro »

SPX.. NDX nears HOD, ATH..SPX lags
Attachments
Screen Shot 2016-10-10 at 11.39.23 AM.png
User avatar
Cobra
Site Admin
Posts: 58558
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/10/2016 Live Update

Post by Cobra »

must fulfill 100% mm target to enable 3rd leg up.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 10/10/2016 Live Update

Post by Out of Bounds »

I am so bored right now. Can't trade this.
...
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/10/2016 Live Update

Post by Al_Dente »

HAPPY HOUR
Image
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 10/10/2016 Live Update

Post by fehro »

SPX mind 20d 2153ish SPY 215.07 20d
Attachments
Screen Shot 2016-10-10 at 12.34.57 PM.png
Last edited by fehro on Mon Oct 10, 2016 3:37 pm, edited 1 time in total.
User avatar
Cobra
Site Admin
Posts: 58558
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/10/2016 Live Update

Post by Cobra »

possible failed 2nd rebound attempt. now let's see if bears can make 100% mm
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply