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04/05/2017 Live Update

04/05/2017 Live Update

Postby Cobra » Wed Apr 05, 2017 9:24 am

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3 push up and 2nd test of the previous high so maybe pullback here?
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Re: 04/05/2017 Live Update

Postby Cobra » Wed Apr 05, 2017 9:27 am


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Re: 04/05/2017 Live Update

Postby Cobra » Wed Apr 05, 2017 10:03 am


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Re: 04/05/2017 Live Update

Postby Cobra » Wed Apr 05, 2017 10:05 am

this bull shall have legs.
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Re: 04/05/2017 Live Update

Postby Trades with cats » Wed Apr 05, 2017 10:07 am

ES 06-17 (5 Min)  4_5_2017a.jpg
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Re: 04/05/2017 Live Update

Postby fehro » Wed Apr 05, 2017 10:10 am

NDX nATH .. COMPQ not quite there.. resistance… here SPY 60m fwiw. .. does it stick … mind the morning gap /CL runs into 20w SMA near here at HOD, >50d SMA
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Re: 04/05/2017 Live Update

Postby Daniel » Wed Apr 05, 2017 10:34 am

XBD, KRE both hitting fresh LOD, as QQQ hits hod...

mixed sector perf today
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Re: 04/05/2017 Live Update

Postby Al_Dente » Wed Apr 05, 2017 10:39 am

45calend.png.png
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Re: 04/05/2017 Live Update

Postby fehro » Wed Apr 05, 2017 10:49 am

COMPQ with NDX nATH .. as oil stalled at 20w SMA at HOD
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Re: 04/05/2017 Live Update

Postby Trades with cats » Wed Apr 05, 2017 10:54 am

Once again API not confirmed. Reuters says US crude stocks are now 35 million barrels above this time in 2016, that is 7%. Again, the broken record recording here, OPEC/NOPEC has until July to make that go away. 10 year average is 193 million below today's number. In a couple of weeks the refiners will be going full throttle but it will take some really big draws week after week after week to prevent a panic sell off.
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Re: 04/05/2017 Live Update

Postby Trades with cats » Wed Apr 05, 2017 10:55 am

ES 06-17 (1001 Tick) _ TF 06-17 (351 Tick)  4_5_2017a.jpg

Interesting split opinion this morning.
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Postby MrMiyagi » Wed Apr 05, 2017 11:23 am

Negative EIA inventory report doused entire rally at 10:30.

11.PNG
texas tea party poop
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Re: 04/05/2017 Live Update

Postby Al_Dente » Wed Apr 05, 2017 11:42 am

BANNON REMOVED FROM NATIONAL SECURITY COUNCIL ROLE IN SHAKEUP :o :shock: :o
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Re: 04/05/2017 Live Update

Postby fehro » Wed Apr 05, 2017 11:47 am

be very careful on gold.. big H&S on 60m /GC "could" see a VERY sharp drop today with FOMC, DXY pressing 50d SMA for days now.. "could" pop up huge.

It holds then ascending triangle. Monday night highs on gold tagged 200dSMA and 50w SMA fwiw.
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Re: 04/05/2017 Live Update

Postby Cobra » Wed Apr 05, 2017 12:03 pm


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Re: 04/05/2017 Live Update

Postby Denali92 » Wed Apr 05, 2017 12:10 pm

Here is both a link to my April preview as well as some pre employment thoughts.

The new high today - satisfy the normal condition of the market exceeding the late March high in April - turns out Monday's pullback was a bit of a fake out. (at least for me :roll: :roll: :roll: )

http://www.cobrasmarketview.com/2017/04052017-intra-day-update/

-D
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Re: 04/05/2017 Live Update

Postby Cobra » Wed Apr 05, 2017 12:39 pm

pullback was bought indeed, now it's 2nd test of day high, wait to see if bears can make double top.
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Re: 04/05/2017 Live Update

Postby uempel » Wed Apr 05, 2017 12:43 pm

Cycle performed nearly flawlessly in the last year or two - except end of January. Suggests swing to the upside as from today.

sss.png
SPX 120 min with cycle - one in seven signals failed these last 15 months.
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Re: 04/05/2017 Live Update

Postby WindWalker » Wed Apr 05, 2017 12:48 pm

rising wedge a possibility? we shall see...


download/file.php?mode=view&id=105885
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2017-04-05-FLEXIBLE_GRID.png
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Re: 04/05/2017 Live Update

Postby Al_Dente » Wed Apr 05, 2017 12:59 pm

QQQ, semis and “The Big Five” AGMAF
Can’t argue with the big monsters
However, the TICKQ keeps pointing down for the full nasdaq (not shown here), and soon somebody will need to catch up/down

45agmaf.png.png
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