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03/09/2017 Live Update

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Cobra
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Re: 03/09/2017 Live Update

Post by Cobra »

decisive breakdown, now bulls need a double bottom before a bottom can be possible.
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fehro
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Re: 03/09/2017 Live Update

Post by fehro »

fehro wrote:as per yesterday…targets .. /CL tags 200d 48.67 almost overnight… just a dime short… 50w 47.89. DXY USdollar down hard this morning… still above 20d 101.33
/CL nLOD … ding ding 200d SMA 48.66 50w SMA 47.86
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Cobra
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Re: 03/09/2017 Live Update

Post by Cobra »

this bear may have legs.
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Al_Dente
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Re: 03/09/2017 Live Update

Post by Al_Dente »

Equal-weighted SPX fell under the 20sma (bolinger centerline) yesterday (and today)
SPX (capitalization weighted) did not
Hence, it’s a broad-based drop
39equal weight.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 03/09/2017 Live Update

Post by Al_Dente »

Haven’t seen this many new lows since before/around the election
Not extreme yet, just FYI
Daily, as of yesterday’s close
39lows.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 03/09/2017 Live Update

Post by Al_Dente »

NY declining stocks = 3.3 x advancing stocks
NY declining volume = 2.5 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 03/09/2017 Live Update

Post by Al_Dente »

SMALLS have seen only red for six days now
On the 60min, the blue box target was met at roughly 135 IWM
Oversold as usual

“…no matter who opposes it, the swing must inevitably run as far and as fast and as long as the impelling forces determine.." [Jesse Livermore]
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ALdaytrade
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Re: 03/09/2017 Live Update

Post by ALdaytrade »

ALdaytrade wrote:ES H&S is about to break. My target is 2329, might be off.
And the back test to the shoulder line? Maybe.
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Cobra
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Re: 03/09/2017 Live Update

Post by Cobra »

rebound may have small legs at least if not low was in.
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Denali92
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Re: 03/09/2017 Live Update

Post by Denali92 »

Employment Preview is posted here:

http://www.cobrasmarketview.com/2017/03 ... ay-update/

D
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Al_Dente
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Re: 03/09/2017 Live Update

Post by Al_Dente »

HAPPY HOUR very late
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superxy
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Re: 03/09/2017 Live Update

Post by superxy »

Are we bottom yet?


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Cobra
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Re: 03/09/2017 Live Update

Post by Cobra »


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Cobra
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Re: 03/09/2017 Live Update

Post by Cobra »

Al_Dente wrote:HAPPY HOUR very late
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Cobra
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Re: 03/09/2017 Live Update

Post by Cobra »


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Cobra
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Re: 03/09/2017 Live Update

Post by Cobra »

well, guess that's it for today. Non farm payroll tomorrow has been bull friendly recently. thank you guys, I'll see you tomorrow.

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ALdaytrade
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Re: 03/09/2017 Live Update

Post by ALdaytrade »

ALdaytrade wrote:
ALdaytrade wrote:ES H&S is about to break. My target is 2329, might be off.
And the back test to the shoulder line? Maybe.
NOPE!
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