01/17/2017 Live Update

[BullBear52x]

Now we got fear with negative money flow. Hmmm....

[BullBear52x]

$Tran starting its southbound trip?

[BullBear52x]

There should be a support here, out and wait for new sell setup.

[Cobra]

might be a rebound here first then we'll see.

[BullBear52x]

Chart for the road: if we get new LOD from here, more down to 2257.5ish is not a crazy target. Peace!

[Al_Dente]

HAPPY HOUR

[fehro]

SPX .. buckle up.. 20d 2264.43 key.. under it .. could accelerate

[Trades with cats]

I have ES VWAP at 2262.75 and slowly falling. Would be a good set up for a late day ramp if bulls have any firepower left.

[Cobra]

members only update at 3:30 pm
http://www.cobrasmarketview.com/2017/01 ... ay-update/

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2017/01 ... ay-update/

[Cobra]

well, guess that's it for today. Wednesday tomorrow has been mixed. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[TraderJoe]

Historically, the market is not kind to a president in the first 30 days after the inauguration. In the table below, which covers the last 11 presidents, the S&P-500 declined an average of -2.59% in the first 30 days of a presidency.
This does not take into account any pre inauguration market gains and losses. Given our recent post election gains, it would suggest any decline could be intensified if it appears Trump's promises/policies are not going to be immediately implemented. There is a lot of risk that many of them will be blunted severely and/or face a tough uphill battle.