Back to www.cobrasmarketview.com

   

04/11/2017 Live Update

04/11/2017 Live Update

Postby Cobra » Tue Apr 11, 2017 9:22 am

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.
========================================================================================================================================================================

in range, no direction.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37373
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/11/2017 Live Update

Postby Cobra » Tue Apr 11, 2017 9:25 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37373
Joined: Sat Feb 12, 2011 10:29 pm

Postby MrMiyagi » Tue Apr 11, 2017 9:48 am

I don't think Janet can do much for today, pretty weak start, like her bladder.
User avatar
MrMiyagi
 
Posts: 9900
Joined: Sun Oct 16, 2011 12:48 pm

Re: 04/11/2017 Live Update

Postby brokebybernacke2 » Tue Apr 11, 2017 9:59 am

been a while since 15 visited, either the low will be put in today, or this vix gets serious for a bit...
Attachments
sc.png
brokebybernacke2
 
Posts: 840
Joined: Wed Sep 21, 2011 10:10 am

Re: 04/11/2017 Live Update

Postby Al_Dente » Tue Apr 11, 2017 9:59 am

Yesterday VIX closed above its 200dma.
https://northmantrader.com/2017/04/10/v ... long-time/
User avatar
Al_Dente
 
Posts: 18210
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/11/2017 Live Update

Postby uempel » Tue Apr 11, 2017 9:59 am

This doesn't look good for bulls (unless it's a trap and SPX doesn't stay down into the close). A break of MA 55 into the close is significant. I'll post a different chart later on.

X.png
uempel
 
Posts: 8683
Joined: Tue Feb 15, 2011 6:38 am

Re: 04/11/2017 Live Update

Postby Cobra » Tue Apr 11, 2017 10:06 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37373
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/11/2017 Live Update

Postby Al_Dente » Tue Apr 11, 2017 10:11 am

The Tale of Three NYMOs
(EOD yesterday’s close)
411nymo.png.png
User avatar
Al_Dente
 
Posts: 18210
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/11/2017 Live Update

Postby uempel » Tue Apr 11, 2017 10:12 am

Significance of MA 55 and EMA 55 on SPX daily:

u.png
uempel
 
Posts: 8683
Joined: Tue Feb 15, 2011 6:38 am

Re: 04/11/2017 Live Update

Postby Al_Dente » Tue Apr 11, 2017 10:14 am

NY declining stocks = 1.0 x advancing stocks
NY declining volume = 1.5 x advancing volume
Bears had a good edge just a few short minutes ago, and they gave it away to Mr. Chop
Last edited by Al_Dente on Tue Apr 11, 2017 10:46 am, edited 2 times in total.
User avatar
Al_Dente
 
Posts: 18210
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/11/2017 Live Update

Postby uempel » Tue Apr 11, 2017 10:32 am

This UAL chart doesn't need a comment - and we all know that it's well deserved:

UAL.png
uempel
 
Posts: 8683
Joined: Tue Feb 15, 2011 6:38 am

Postby MrMiyagi » Tue Apr 11, 2017 10:43 am

SPY mercilessly pounded by the declining 20ema all morning long. No economic data today to give a lending hand.
User avatar
MrMiyagi
 
Posts: 9900
Joined: Sun Oct 16, 2011 12:48 pm

Re: 04/11/2017 Live Update

Postby uempel » Tue Apr 11, 2017 10:46 am

A further look at UAL (120 min). I doubt the stock can hold today's low these next few days/weeks. Immense loss of reputation won't be easy to fix.

UAL2.png


uempel wrote:This UAL chart doesn't need a comment - and we all know that it's well deserved:

The attachment UAL.png is no longer available
uempel
 
Posts: 8683
Joined: Tue Feb 15, 2011 6:38 am

Re: 04/11/2017 Live Update

Postby Al_Dente » Tue Apr 11, 2017 10:47 am

Al_Dente wrote:NY declining stocks = 1.0 x advancing stocks
NY declining volume = 1.5 x advancing volume
Bears had a good edge just a few short minutes ago, and they gave it away to Mr. Chop


NY declining stocks = 1.8 x advancing stocks
NY declining volume = 2.6 x advancing volume
User avatar
Al_Dente
 
Posts: 18210
Joined: Thu Jul 21, 2011 2:29 pm

Re:

Postby uempel » Tue Apr 11, 2017 10:49 am

MrMiyagi wrote:SPY mercilessly pounded by the declining 20ema all morning long. No economic data today to give a lending hand.


Losing MA 55 triggered sell signals. Remember the report you sent me when SPX was down at 2326 ...
uempel
 
Posts: 8683
Joined: Tue Feb 15, 2011 6:38 am

Re: 04/11/2017 Live Update

Postby fehro » Tue Apr 11, 2017 10:50 am

SPY 60m mind the 232.50 zone.
Attachments
Screen Shot 2017-04-11 at 7.49.40 AM.png
fehro
 
Posts: 20704
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/11/2017 Live Update

Postby Cobra » Tue Apr 11, 2017 10:53 am

maybe this bear shall have legs?
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37373
Joined: Sat Feb 12, 2011 10:29 pm

Postby MrMiyagi » Tue Apr 11, 2017 11:04 am

Kidney time here? Did JanJan wake up finally?
User avatar
MrMiyagi
 
Posts: 9900
Joined: Sun Oct 16, 2011 12:48 pm

Re: 04/11/2017 Live Update

Postby Trades with cats » Tue Apr 11, 2017 11:04 am

DX 06-17 (15 Min)  4_11_2017.jpg


1.FOMC Chair said nothing at the livestreamed event ( I really did fall asleep) to reverse Dudley and Bullard comments.
2. We are in the eye of the storm for earnings period buyback blackouts (about five weeks prior to reporting and 2 days after)
3. Assuming some of the equal risk (levered to the hilt) funds could be doing a little lightening up. If true this will generate a negative feedback loop.
4. The equal risk funds generate a negative feedback loop around twice a year which seems to be stopped by an FOMC speech, cough Bullard cough, and we are overdue. :)
Trades with cats
 
Posts: 3477
Joined: Sat Oct 11, 2014 4:40 pm

Re:

Postby Trades with cats » Tue Apr 11, 2017 11:09 am

MrMiyagi wrote:Kidney time here? Did JanJan wake up finally?

We have hit the bottom of the Average Daily Range using a 20 day average for both RTH and Globex, so if we go any further it will be a really big deal, Also DANGER Will Robinson DANGER Will Robinson approaching ES 2333.5
Trades with cats
 
Posts: 3477
Joined: Sat Oct 11, 2014 4:40 pm

Next

Return to Traders Lounge

Who is online

Users browsing this forum: Bing [Bot] and 9 guests