Back to www.cobrasmarketview.com

   

04/20/2017 Live Update

Re: 04/20/2017 Live Update

Postby Al_Dente » Thu Apr 20, 2017 1:19 pm

Al_Dente wrote:NY advancing stocks = 2.1 x declining stocks
NY advancing volume = 2.9 x declining volume

NY advancing stocks = 2.3 x declining stocks
NY advancing volume = 2.5 x declining volume
At the moment the AD is still strong enough to hold the bull intraday, but it must not falter tooooo much
User avatar
Al_Dente
 
Posts: 17706
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/20/2017 Live Update

Postby Al_Dente » Thu Apr 20, 2017 1:21 pm

brokebybernacke2 wrote:
Al_Dente wrote:SPY 15m ............

or maybe this, break of yellows might determine direction.

thanks boss :D
User avatar
Al_Dente
 
Posts: 17706
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/20/2017 Live Update

Postby Denali92 » Thu Apr 20, 2017 1:43 pm

The market will do what it wants to do - even if that means it is historically unusual.

The market has gone for the 1 in 9 historical direction this week. :roll: :roll: :roll:

I do not have a lot to add here EXCEPT to say that the note here:

http://www.cobrasmarketview.com/2017/04202017-intra-day-update/

Does cover one interesting possibility for next week. If we do get an inside week, I am sure Cobra will also come up with some super interesting stat to complement my work. ;) ;) ;)

Have a good one,

-D
Denali92
 
Posts: 511
Joined: Wed May 25, 2011 3:39 pm

Re: 04/20/2017 Live Update

Postby Cobra » Thu Apr 20, 2017 1:52 pm

this bull shall still 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: 36651
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/20/2017 Live Update

Postby BullBear52x » Thu Apr 20, 2017 2:23 pm

no trade for me today, mistake I thought it will be boring, it could have been a killing easy day trade today.

%B is now bear no more, today reversal is serious, bear beware!
Attachments
1.PNG
Trend following with me here http://bullbear52x.blogspot.com/
User avatar
BullBear52x
 
Posts: 18135
Joined: Tue Feb 22, 2011 3:47 pm

Re: 04/20/2017 Live Update

Postby BullBear52x » Thu Apr 20, 2017 2:27 pm

BPSPX is also agreed with this run today.
1.PNG
STO I posted yesterday wasn't lying :)
2.PNG
Trend following with me here http://bullbear52x.blogspot.com/
User avatar
BullBear52x
 
Posts: 18135
Joined: Tue Feb 22, 2011 3:47 pm

Re: 04/20/2017 Live Update

Postby Cobra » Thu Apr 20, 2017 2:32 pm

the pullback should be bought around here.
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: 36651
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/20/2017 Live Update

Postby Al_Dente » Thu Apr 20, 2017 2:33 pm

April into May is seasonally bullish – these are the stats:
• Over the next 4 weeks, SPY has on average historically risen by 1.9% based on the past 24 years of stock performance.
• SPY has risen higher in 17 of those 24 years over the subsequent 4 week period, corresponding to a historical probability of 70%
• The holding period that leads to the greatest annualized return for SPY, based on historical prices, is 1 week. ….
https://evilspeculator.financhill.com/s ... nality/SPY

[edit: chart is interactive; slide the little thingy]
User avatar
Al_Dente
 
Posts: 17706
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/20/2017 Live Update

Postby BullBear52x » Thu Apr 20, 2017 2:51 pm

USO, don't discount a possible of HL. Trading market, no trend on USO so....this is common, stay in the kitchen or stay out.
Attachments
1.PNG
Trend following with me here http://bullbear52x.blogspot.com/
User avatar
BullBear52x
 
Posts: 18135
Joined: Tue Feb 22, 2011 3:47 pm

Re: 04/20/2017 Live Update

Postby BullBear52x » Thu Apr 20, 2017 2:56 pm

TLT long term dip will be bought, we might have a run sideways like 2015, for now she is gaining her strength back. Peace!
Attachments
1.PNG
Trend following with me here http://bullbear52x.blogspot.com/
User avatar
BullBear52x
 
Posts: 18135
Joined: Tue Feb 22, 2011 3:47 pm

Re: 04/20/2017 Live Update

Postby Al_Dente » Thu Apr 20, 2017 3:01 pm

HAPPY HOUR
Image
User avatar
Al_Dente
 
Posts: 17706
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/20/2017 Live Update

Postby Cobra » Thu Apr 20, 2017 3:07 pm

Al_Dente wrote:HAPPY HOUR
Image
Attachments
eat10.gif
eat10.gif (1.95 MiB) Viewed 440 times

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: 36651
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/20/2017 Live Update

Postby Al_Dente » Thu Apr 20, 2017 3:15 pm

Relative Strengths were poking along, continuing out of smalls, banks, tran,
and into spx, nas, and cyclicals
Then all of a sudden today INDU v SPX took a big dump….. WTF............

420rel str.png.png
User avatar
Al_Dente
 
Posts: 17706
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/20/2017 Live Update

Postby Al_Dente » Thu Apr 20, 2017 3:24 pm

AXP is up +6% today (on earnings)
AXP is 2.54% of the dow
That represents X points of the dow’s run today
(could someone please give me the math for X)
User avatar
Al_Dente
 
Posts: 17706
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/20/2017 Live Update

Postby Al_Dente » Thu Apr 20, 2017 3:32 pm

Al_Dente wrote:Today’s uptrend angle is a bit steep
U know the drill
IWM and SPY

that was at 12:32 pm
since then IWM has fanned out by moving sideways
now it's trying to go down (no HH... can it hold its HL ?)
User avatar
Al_Dente
 
Posts: 17706
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/20/2017 Live Update

Postby Cobra » Thu Apr 20, 2017 3:33 pm


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: 36651
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/20/2017 Live Update

Postby Trades with cats » Thu Apr 20, 2017 3:53 pm

ES 06-17 (5 Min)  4_20_2017_c.jpg


I am surprised at how well the Average Daily Range calculation works for setting limits, up or down, at the beginning of the trading day. Of course if I start to really rely on it then it will stop working ;)
Trades with cats
 
Posts: 3007
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/20/2017 Live Update

Postby Cobra » Thu Apr 20, 2017 3:54 pm


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: 36651
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/20/2017 Live Update

Postby Cobra » Thu Apr 20, 2017 3:56 pm

well, guess that's it for today. Friday tomorrow has been generally bull friendly. 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
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: 36651
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/20/2017 Live Update

Postby rpccharts » Thu Apr 20, 2017 4:46 pm

OPEx tomorrow and expect a flip on open
rpccharts
 
Posts: 374
Joined: Fri Jul 29, 2011 10:41 am

Previous

Return to Traders Lounge

Who is online

Users browsing this forum: Bing [Bot], Google Adsense [Bot] and 5 guests