Back to www.cobrasmarketview.com

04/27/2017 Live Update

User avatar
Cobra
Site Admin
Posts: 58339
Joined: Sat Feb 12, 2011 10:29 pm

04/27/2017 Live Update

Post by 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 maybe the pullback was over?
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: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/27/2017 Live Update

Post by Cobra »


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: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/27/2017 Live Update

Post by Cobra »


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: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/27/2017 Live Update

Post by Cobra »

morning hourly black bar.
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.
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 04/27/2017 Live Update

Post by brokebybernacke2 »

maybe a test of 50 ma before another thrust up? poor gdp and gov shutdown stokers on deck..
Attachments
sc.png
te_fern
Posts: 4017
Joined: Tue Nov 24, 2015 3:35 pm

Re: 04/27/2017 Live Update

Post by te_fern »

Tick has gone below the MA line....
Attachments
Tick.PNG
Tick.PNG (10.92 KiB) Viewed 13299 times
This is not investment or trade advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/27/2017 Live Update

Post by Trades with cats »

ES RTH Floor Pivots and ADR
ES RTH Floor Pivots and ADR
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/27/2017 Live Update

Post by Trades with cats »

Why should the market do anything today? Atlanta Fed GDP NOW at 0.2% growth, and JPMorgan agrees, dropping their model to 0.3. So tomorrow we here from some government agency but how much of a whitewash can they give, after all those numbers aren't from some twitter blogger. To make it worse the Tax Plan is DOA, which could mean no repatriation of foreign funds. The market needs a cheap source of money for buybacks to continue the financial engineering that has been responsible for 80% plus of the earnings growth since 2009. With the Fed bound and determined to commit economic Seppuku the only thing that can save the market is record level buybacks. Tim Cook steps up on Tuesday and he can turn this around or pound in another coffin nail, it all depends on how many more billions he is willing to borrow.

Let's not forget our favorite 28 year old Ivy League history majors who are long the dollar, long oil and short the 10 year treasury. If this oil thing gets much worse they could be getting margin calls soon.
te_fern
Posts: 4017
Joined: Tue Nov 24, 2015 3:35 pm

Re: 04/27/2017 Live Update

Post by te_fern »

Maybe the S&P will take us low enough to provide some new buying opportunities!!
Attachments
SPX 1 Minute.PNG
This is not investment or trade advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/27/2017 Live Update

Post by Trades with cats »

The drop was Putin commenting on the Korean situation.
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 04/27/2017 Live Update

Post by brokebybernacke2 »

Trades with cats wrote:The drop was Putin commenting on the Korean situation.
waiting for 2380 to break b4 even contemplating a buy st.
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 04/27/2017 Live Update

Post by uempel »

Checking in on this SPX daily showing all the action since November 2016:
jdkdj.png
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/27/2017 Live Update

Post by Al_Dente »

NOT INTRADAY:
Top panel: orange is the cumulative nyse TICK
Gray is the cumulative nasdaq TICKQ
Both with 34/89 MAs
(ignore the stuff behind that)
I usually don’t trust the TICKQ because it measures all the cum ticks on the nasdaq but only 5 nas stocks are key these days. My bad, because the nas cum tickq has actually been more “true to price” than the NY tick over the last 20 days. Go figure. Both get a bit hinky.
Bottom panel: JUICE percentages, just for reference
5 min 20 days
427tick tickq.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 04/27/2017 Live Update

Post by uempel »

Al_Dente, you are so damn creative :ugeek: :ugeek: :ugeek:

The way in which you apply your A) TA knowledge with B) stockcharts' visual means is outstanding. Honestly, what you are doing is quite remarkable. I hope you are aware that you are super :roll:
Al_Dente wrote:NOT INTRADAY:
Top panel: orange is the cumulative nyse TICK
Gray is the cumulative nasdaq TICKQ
Both with 34/89 MAs
(ignore the stuff behind that)
I usually don’t trust the TICKQ because it measures all the cum ticks on the nasdaq but only 5 nas stocks are key these days. My bad, because the nas cum tickq has actually been more “true to price” than the NY tick over the last 20 days. Go figure. Both get a bit hinky.
Bottom panel: JUICE percentages, just for reference
5 min 20 days
427tick tickq.png.png
User avatar
Cobra
Site Admin
Posts: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/27/2017 Live Update

Post by Cobra »


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
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/27/2017 Live Update

Post by Al_Dente »

uempel wrote:Al_Dente, you are so ...........
Thanks boss :D :D :D
https://www.youtube.com/watch?v=6jLCDlHsVk4

ps: Credit where credit due: some of the background stuff was BorrowStolen from Kneupper, but I tweaked it quite a bit, so he’s not responsible for my view.
https://stockcharts.com/public/3828047/ ... /217834305;
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/27/2017 Live Update

Post by Cobra »

the low might be in, at least rebound 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
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/27/2017 Live Update

Post by Al_Dente »

SMALLS on the 15m
The first backtest was successful, giving us a double-bottom trampoline which lasted a day.
Now another backtest already……….
Very faint behind TNA u can see that the IWM options traders aren’t worried yet.
Gravity is trying to pull it down, but if we get a double–bottom or higher low the bears are faulked again.

https://www.youtube.com/watch?v=1VFuHj9_Tgw
427fifteen.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/27/2017 Live Update

Post by Cobra »

this bull 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
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 04/27/2017 Live Update

Post by BullBear52x »

First short term counter trend sell. come2papa setup.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Post Reply