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01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 10:18 am
by Cobra
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the pullback probably would be bought.

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 10:21 am
by Cobra

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 10:29 am
by fehro
SPX opening 2266ish gapping down.. mind the gap.. and yesterday's and 20d sma @ 2256ish

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 10:32 am
by fehro
DXY USDollar nears support

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 11:01 am
by Cobra

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 11:10 am
by fehro
SPX holding… so far

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 11:16 am
by te_fern
Took a shot long. Maybe a little early.

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 11:17 am
by superxy
Cobra wrote:members only update at 10:00 am
http://www.cobrasmarketview.com/2017/01 ... ay-update/

isthis red hollow bar?


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Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 11:28 am
by fehro
http://www.aaii.com/sentimentsurvey/sent_results slowly one side of the boat is getting a tad crowded.. has more room.. fwiw.

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 11:51 am
by fehro
SPX weakening.. TLT on fire..

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 11:52 am
by te_fern
Stopped out of trade. Stop may have been too tight....

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 11:52 am
by fehro
INDEX days.. TLT nears 50d

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 12:12 pm
by fehro
SPX rolls over… TLT keeps on truckin'

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 12:33 pm
by Trades with cats
Small caps dropped from 1380 to 1370 (TF) in five minutes when the EIA oil inventory report came out, probably counts as the big move of the day.

All last week the weather was bad everywhere but Florida, kids were out of school lots of office jobs were on slow so what a surprise that we didn't use much gasoline. Next week's numbers will be better but not normal as weather still stinks her in the intermountain west and Monday was a holiday for most.

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 12:44 pm
by Cobra
well, rebound here maybe but this bear may have legs.

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 12:49 pm
by fehro
SPX 20d zoo close 2258.48… SPX into yGAP… TLT presses for 50d.. almost there.. IWM fill yGAP

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 12:51 pm
by Trades with cats
London closing is not a reason for the second push down in small caps. It does happen with regularity to the S&P.

Small caps are having a seriously bad day as they are 5 points below the 20 day average daily range and in fact are back to Tuesday's closing level. If you recall Art Cashin said that the hockey stick save on Tuesday was due to a large imbalance in the buy at close order book.

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 12:56 pm
by Trades with cats
DX 03-17 (30 Min) _ ES 03-17 (30 Min) _ TF 03-17 (30 Min)  1_5_2017.jpg


This is what I was talking about. That is a Keltner channel with VWAP on each chart. Blue tint is 1 standard deviation on the VWAP which should contain about 70 % of price. Keltner should contain 93% of price.

20 day Average Daily Range is the big pink band. These are 24 hour charts.

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 12:58 pm
by Cobra

Re: 01/05/2017 Live Update

PostPosted: Thu Jan 05, 2017 1:04 pm
by Trades with cats
Bulls better hope the low is in or the daily candle will be first cousin to bearish engulfing.