06/27/2017 Live Update

[te_fern]

Welcome back Pasta Boss! Hope you had a nice time in Florida!!

[Cobra]

the pullback should be bought.

[Al_Dente]

Welcome back Pasta Boss! Hope you had a nice time in Florida!!

[Al_Dente]

Something very odd has been brewing in Hong Kong and Chinese “mid-caps”
It’s not new but today was margin-call day
Probably should read [later] on the remote chance it could domino
http://www.zerohedge.com/news/2017-06-2 ... argin-call

[Al_Dente]

Q Big Tech, 20 days, 5min
It’s a mess but two points:
1) all are still on very short-term sell-signals (34/89ma) at the moment
2) the bb52x extreme bolingers (390,2) are compressing, especially on amzn and appl
That suggest an impending big move
Last time it was a crash, but with bolingers the move could be up or down this time

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2017/06 ... ay-update/

[Cobra]

if bulls are able to test blue line above again then a breakout is very likely.

[fehro]

NDX still sitting on the edge of cliff.. be very careful today.. Yellen in 1 hour

[Al_Dente]

OEX-100 big caps, intraday only, sorted by biggest greens
mmmm financials

So where is my Big tech?
Reverse sort by biggest reds
Oh there they are, I see, okay
rotation

[Al_Dente]

And all that can be seen quicker and easier on the intraday Heat Map
http://finviz.com/map.ashx

[Al_Dente]

NDX still sitting on the edge of cliff.. be very careful today.. Yellen in 1 hour

thanks for that
please keep us posted

[Al_Dente]

NOT MARKET RELATED
Total distraction
For Bob Dylan fans only:
http://www.rollingstone.com/music/featu ... ok-w489787

[Cobra]

double top instead of bias up, bears did good. however I don't believe double top target, simply too many failures.

[Trades with cats]

ES bouncing around on yesterday low which is just above today's VWAP. So bulls chewing their cud, waiting to see if Fed chair comes out in her traje de luce or in a butchers apron$

[fehro]

NDX still sitting on the edge of cliff.. be very careful today.. Yellen in 1 hour

QQQs nLOD QQQs loose 139.20 .. look for a fast move to 138.00

[MrMiyagi]

Probably something that Trump said/did again...

[Trades with cats]

Well VWAP at ES 2433.50 did not hold. My next obvious target is a test of the day's low. Dollar Yen cross falling roughly much in sync with the ES. Everybody reading John Kemps oil charts showing hedge funds max short at a bottom must have run it's course.

I will say with fewer Saudi tanker loads coming in and the refineries still running at record levels we could get some good draws to stamped the weak shorts before August.

[Trades with cats]

Chair Yellen speech- Oh wow I missed that it is some sort of educated crowd in London with an audience Q & A afterward. So maybe the algo's will hold their fire in case the audience throws a grenade.

[Cobra]

ok, the force of bear side is strong. now let's see if bulls can make double bottom here.

[Trades with cats]

Clarification, I do mean a verbal grenade for Chair Yellen to answer, not the other kind.