03/17/2017 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 info@cobrasmarketview.com.

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

double bottom, so the pullback was over?

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2017/03 ... ay-update/

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2017/03 ... ay-update/

[Cobra]

morning hourly filled black bar.

[Al_Dente]

NY advancing stocks = 1.2 x declining stocks
NY advancing volume = 1.0 x declining volume

NY declining stocks = 0.79 x advancing stocks
NY declining volume = 0.97 x advancing volume

1-to-1 is flat, chop, range

According to JPM: $1.4 trillion notional of SPX options expire today

[Al_Dente]

[Al_Dente]

Google ATH
SMH semiconductors, another fresh high, not ATH
Facebook ATH

[Al_Dente]

Note AMGN
It’s dragging all the biotechs down

[Cobra]

if bears are able to touch the blue line below then breakdown is more likely. let's see.

[fehro]

http://www.zerohedge.com/news/2017-03-1 ... pl-shares?

seller dumped 9.24 million AAPL shares in a single block trade at the Nasdaq open, at a price of $141.00, amounting to just over $1.3 billion worth of AAPL stock.

[Denali92]

The market is a challenge when it is SO DULL!

Here are a few comments regarding the market. Nothing too helpful for the short term traders other than to note that the market has been up 19 times and down 4 times on St. Patrick's Day since 2012!

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

have a good weekend,

-D

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2017/03 ... ay-update/

[Al_Dente]

A giant rock doesn’t push itself uphill
It needs the support of about 500 folks pushing it
That’s why bulls would like to see the Bullish Percent SPX (bottom panel) push above that ma
60min

[fehro]

RUT leads.. moving over 20d SMA

[Al_Dente]

PONZI
“Twitter Trader”
“A Chicago trader defrauded more than a dozen clients out of at least $1.5 million”
(No word yet on the majors who defrauded millions of clients out of at least $trillions, because… you know… that’s legal….)
http://www.zerohedge.com/news/2017-03-1 ... ning-ponzi

[Cobra]

if today is range day, then should be a pullback here to test day low. let's see.

[Cobra]

should be a pullback here which likely would be bought.

[Al_Dente]

1) Percentages, once again smalls leapfrog, now testing double top
2) TICK, bull
3) NY breadth, looks flat but bull AD at 1.6 shows bull bias (changes quickly)
5 days, 1 min

[Denali92]

and the St. Patrick's day edge works again.... I wish it had gotten OS enough to take....

Time to drink a pint to the Irish,

-D

The market is a challenge when it is SO DULL!

Here are a few comments regarding the market. Nothing too helpful for the short term traders other than to note that the market has been up 19 times and down 4 times on St. Patrick's Day since 2012!

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

have a good weekend,

-D

[K447]

... note that the market has been up 19 times and down 4 times on St. Patrick's Day since 2012!

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

have a good weekend,

-D

Year is a typo