Cobra's Market View

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.

=============================================================================================================================================================================

no idea up or down here.

wow - Huge up in gold/bonds and initially indexes… Bonds take out yHOD, /GC into major resistance, 10month/50month/200w/200d SMAs at HOD… it's all the /NQ Nasdaq futs.. pushing for that ATH.. /RTF at oLOD… Germany tanking.. DXY tanking…. Is it just me? or is this lately is the new norm.. the "big" move comes at 8:30 ET then.. nothing..

members only update starts here: http://www.cobrasmarketview.com/2017/07 ... ay-update/

Consumer Price Index
8:30 AM ET

Retail Sales
8:30 AM ET

Industrial Production
9:15 AM ET

Robert Kaplan Speaks
9:30 AM ET

And so it was as it always is, the bad news was seen as good because how could Janet Yellen possibly raise rates into this. So the dollar crashed and debt fueled (buybacks) assets recovered while equities continue to decouple from all other financial assets.

SPX filling open gap 2450-2452 short of ATH 2454ish

Small caps weak again.....red flag???

INDEXes .. SPX couple points short of ATH… TLT gaps up over 200d/50d TRANSports RED

all time high, so far looks like an uptrend day.

fehro wrote:INDEXes .. SPX couple points short of ATH… TLT gaps up over 200d/50d TRANSports RED

oh what a tease.. SPX no nATH ..DXY nLOD, /CL stops again at HOD at 50d SMA NDX weak.. AAPL weak

We've got divergence between the NYSE ticks and the QQQ ticks. Will have to see if the SPX can maintain its momentum...

Put/Calls Indexes, Equties near extremes.. the bull side of the boat getting crowded .. with SPY making new highs.. with declining Adv/Dec.. not all the rosy.. for the bulls

Will it bounce off the first MA line...

/Levered financials not looking very strong this morning...

Levered Tech looking better, though not much volume in this ticker....

the pullback should be bought if not already bought.

GM

Longs closed !(negative div.)
Waiting mode, I see possible drop ahead...

SPX zoo close to ATH just 1 point

Now the blue MA line provided support. Can it push to new highs?

Both TICKS are moving higher now....