Cobra's Market View

Put/Call nears extreme again.. could be a day early or so.. fwiw .

Still playing with a new to me weekly view. On paper the fibs say bulls better do more to break out of this range.

fehro wrote:

fehro wrote:SPX 5m .. dabble short

a tad early..

no worky…. next level? VIX testing 20d SMA here at LOD.. yLOD but above LOW

fehro wrote:Put/Call nears extreme again.. could be a day early or so.. fwiw .

Does Stockcharts have this indicator interday? Thanks!

superxy wrote:

fehro wrote:Put/Call nears extreme again.. could be a day early or so.. fwiw .

Does Stockcharts have this indicator interday? Thanks!

believe it's EOD.. with stockcharts can check CBOE website too.. but think it's a 20min delay.. or on TOS $PCN or $PCA or $PCSP ..

might be another push up before a little bit bigger pullback is possible.

fehro wrote:

fehro wrote:

fehro wrote:SPX 5m .. dabble short

a tad early..

no worky…. next level? VIX testing 20d SMA here at LOD.. yLOD but above LOW

choppy sideways..

What a typical day so far. Unexpected shot of adrenaline courtesy of rapid move in Yen this morning followed by choppy drift. Looking like a slow drop into the close leaving tomorrow for the big question, are the bears still out there?

Trades with cats wrote:What a typical day so far. Unexpected shot of adrenaline courtesy of rapid move in Yen this morning followed by choppy drift. Looking like a slow drop into the close leaving tomorrow for the big question, are the bears still out there?

Bears dreaming over NDX's 6 week H&S..

Well with Tesla getting into the music streaming business tech should be going on a bull ride for sure.

ES three lower lows this afternoon, just waiting to take out the 12:20 which will put it right on top of VWAP, so the sell into the close set up is definitely in place, just waiting to see if there is any execution.

Trades with cats wrote:Well with Tesla getting into the music streaming business tech should be going on a bull ride for sure.

Retail for sure is not helping COST W

ES VWAP for me is 2435.00 and slowly rising.

Sears Canada filing on top of all the other earnings downgrades has to hurt. I think it was Goldman a while back said Simon Properties, the big mall owning firm had over half their shares controlled by ETFs implying I think that the firm was for the time being, overvalued by that.

ES selling paused at yesterday's VWAP, time for that end of day ramp or the nightly news will not be good.

dashed blue arrow is more than I expected.

I am thinking the FOMC is serious about not saving the market anymore. Where is that RAMP EXPRESS ?

fehro wrote:

fehro wrote:

fehro wrote:

fehro wrote:SPX 5m .. dabble short

a tad early..

no worky…. next level? VIX testing 20d SMA here at LOD.. yLOD but above LOW

choppy sideways..

That diamond pattern on 60m has potential for a HUGE move either up or down tomorrow.. fwiw.. expect either a big gap. or move 20d SPA 2431 key.. other indexes struggle loosing 20d SMAs

End of day humor. The ever obscene Tom Dante (London currency trader) says this is the best he has ever seen on twitter.