09/27/2017 Live Update

[Cobra]

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no idea up or down here, mostly a boring day nowadays anyway.

[fehro]

DXY pressing up into resistance.. just another .20 .. higher.. /GC <20d/50d nearing 20w 1276ish. /RT nATH /NQ lags,weak .. mind the morning gaps. Bonds getting smacked very hard

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2017/09 ... ay-update/

[fehro]

TLT W/D 123ish key 200d/50w/200w SMA ..it goes.. look out below big time

[fehro]

shall we try again.. short SPX near here.. 2507.50 not sure.. resistance, 30m/ 5m

[Daniel]

IWM, XLI, ITB 52 week high

[fehro]

shall we try again.. short SPX near here.. 2507.50 not sure.. resistance, 30m/ 5m

as per usual mind the morning gap .. SPX

[Daniel]

SMH hod!
FXI, XLP lod

[Trades with cats]

Fed speakers today are reportedly all doves. Kashkari is doing opening remarks at a tribal education conference so expect nothing. Later on Bullard is talking on policy so we could see something. One newsfeed says Lael Brainard is speaking but the economic calendar web site doesn't list her. She is the voice of Chair Yellen and in the past has added details to what policy will be. Rosengren is speaking tonight so maybe the Chinese traders will be listening.

More important was the BofC vote of 4 to 3 against a rate hike. Shows they are all moving in Chair Yellen's direction and with Political chaos in Germany it is going to be very hard for "what ever it takes" Draghi to not start tightening.

[Trades with cats]

This is a modified Renko bar type. It has overnight volume profile on it. I think the evolving point of control at ES 2499 looks like a good first target. If it doesn't hold there is all kinds of stuff around 2495.
The green lines are evolving value area while the green triangle lines are the established value areas. Valuye is the middle 70% of the volume profile.

[MrMiyagi]

S&P... come on... just keep going up....
Feels like momentum is just in the morning and after that, beatdown.

[Daniel]

Dow Transports, 52-week high as well.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2017/09 ... ay-update/

[Cobra]

members only update at 10:03 am
http://www.cobrasmarketview.com/2017/09 ... ay-update/

[Cobra]

morning hourly black bar.

[Daniel]

xlb, Lat.America LOD
xly, trans HOD

Mixed sectors means this may be the beginning of EOQ posturing and positioning..

[fehro]

Another day, another headache for Apple, which according to the WSJ has hit a new production snag on its new iPhone X over a pair of components dubbed Romeo and Juliet, which is adding to worries about extended product shortages when sales begin in early November.

http://www.zerohedge.com/news/2017-09-27/apple-hits-another-production-snag-iphone-x

155-155.50 key area.. then 50d/20d.. fwiw *CORRECTED chart

[Daniel]

IWM, QQQ holding within their OR-30-- but most sectors are not.. pushing LOD.

update: QQQ now breaking to the downside as well, w VXN at a fresh HOD! Only IWM still holding both up gap and OR-30.

[Al_Dente]

times are wrong here
pending home sales just came out
bad

[fehro]

shall we try again.. short SPX near here.. 2507.50 not sure.. resistance, 30m/ 5m

as per usual mind the morning gap .. SPX

covered.. may bounce here.. SPY testing yHOD, mon HOD.. +$4.50ish