Back to www.cobrasmarketview.com

06/15/2017 Live Update

User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

06/15/2017 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.
========================================================================================================================================================================

testing range low, wait to see any rebound 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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/15/2017 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.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/15/2017 Live Update

Post by fehro »

DXY on the move.. mind gold an oill DXY 50d 98.50.. almost there
Attachments
Screen Shot 2017-06-15 at 6.41.08 AM.png
Screen Shot 2017-06-15 at 6.41.24 AM.png
Last edited by fehro on Thu Jun 15, 2017 9:51 am, edited 1 time in total.
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 06/15/2017 Live Update

Post by Wallstreetrader »

Gm

2430/1 key ?
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/15/2017 Live Update

Post by Trades with cats »

Well not exactly explosive dip buying. I see three waves up from the bottom at 6:20 this morning. I am guessing the London/Frankfurt exchanges need to close before the dip buyers are unleashed, or just maybe the smarter money is going to sit out the triple witch because Denali isn't the only one who sees the historical trends.
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 06/15/2017 Live Update

Post by Wallstreetrader »

Right but here is a good entry point imo but...
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/15/2017 Live Update

Post by fehro »

Wallstreetrader wrote:Gm

2430/1 key ?
mind the open gap just under… 2418 the line in the sand.. 20d 2418 it goes.. 50d 2392ish
Attachments
Screen Shot 2017-06-15 at 6.52.29 AM.png
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 06/15/2017 Live Update

Post by brokebybernacke2 »

fehro wrote:
Wallstreetrader wrote:Gm

2430/1 key ?
mind the open gap just under… 2418 the line in the sand..
great chart fehro, thought we have more ups, but mulling if we don't see 2446sp for quite some time? :o
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/15/2017 Live Update

Post by fehro »

brokebybernacke2 wrote:
fehro wrote:
Wallstreetrader wrote:Gm

2430/1 key ?
mind the open gap just under… 2418 the line in the sand..
great chart fehro, thought we have more ups, but mulling if we don't see 2446sp for quite some time? :o

thanks 20d/50ds indexes.. seem in play.. look for tags.. or loose support 20d goes.. then 50d?
Attachments
Screen Shot 2017-06-15 at 6.59.23 AM.png
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/15/2017 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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/15/2017 Live Update

Post by Cobra »

morning hourly hollow red.
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: 06/15/2017 Live Update

Post by Al_Dente »

AD grizzly bear advantage at the open
has been slipping ever since
615ad.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/15/2017 Live Update

Post by Trades with cats »

One of the wave counters I follow (coolbizone on twitter) has closed out his positions this morning as the moves over the last two days invalidated his short count then the overnight drop invalidated his long count. The other person I follow was warning Wednesday morning that it was a time to be cautious. Must be coming up on a triple witch and with low volume the big boys should have no problem nudging this market.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/15/2017 Live Update

Post by Al_Dente »

615heat.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/15/2017 Live Update

Post by Al_Dente »

According to JPM there are $1.3T SPY options expiring tomorrow [trillion :o ]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/15/2017 Live Update

Post by Trades with cats »

Al_Dente wrote:According to JPM there are $1.3T SPY options expiring tomorrow [trillion :o ]
That has to be a LOT of premium to be harvested. No doubt the banks trading department has their battle plan in place.
superxy
Posts: 249
Joined: Wed Oct 26, 2011 1:51 pm

Re: 06/15/2017 Live Update

Post by superxy »

Al_Dente wrote:According to JPM there are $1.3T SPY options expiring tomorrow [trillion :o ]
what going to happen


Sent from my iPhone using Tapatalk
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/15/2017 Live Update

Post by Cobra »

bears in control now.
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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/15/2017 Live Update

Post by Trades with cats »

According to Gandalf at JP Morgan (in his note highlighted at zerohedge recently) the options insurance expiration tomorrow could free up the market for a return to volatility. He was pretty clear that the low volatility environment we have been experiencing is NOT the "New Normal".
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/15/2017 Live Update

Post by Trades with cats »

Do over time for sure, bouncing off the 6:20 AM low, kinda do or die time for the dip buyers.
Post Reply