Page 1 of 2

10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 9:22 am
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.
=============================================================================================================================================================================

the pullback might be bought.

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 9:26 am
by Cobra

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 9:37 am
by Trades with cats
oil specs.png

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 9:40 am
by Trades with cats
ES 12-17 (1000 Tick)  10_30_2017.jpg
Stalling at the overnight London/Frankfurt highs.

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 9:57 am
by brokebybernacke2
btfd...
fed chair dovey dove annoucement this week...

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 10:05 am
by Trades with cats
brokebybernacke2 wrote:btfd...
fed chair dovey dove annoucement this week...


I would call it dovey continuity :lol:
Still PBoC and ECB are in the driver's seat for now.
But I do totally agree the algos will spike the market when the announcement is made.

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 10:06 am
by Cobra

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 10:06 am
by Cobra
morning hourly hollow red.

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 10:13 am
by daytradingES
Trades with cats wrote:
oil specs.png


It would be interesting to see that chart overlayed with CL price at a close enough timing to see if they move after the price rise to increased their positions.

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 10:20 am
by fehro
AAPL doing the heavy lifting today.. VIX still green.. bonds green VXX red

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 10:55 am
by Wallstreetrader

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 11:23 am
by Trades with cats
RTY the R2K futures revisiting the days low for the third time.

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 11:28 am
by Trades with cats
RTY at new low of day, will the big caps follow? they are getting close!

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 11:42 am
by Cobra
wow, bad news. this bear may have legs.

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 11:44 am
by Trades with cats
ES 12-17 (15 Min)  10_30_2017.jpg
ES 15 minute with 5 day volume profile

2567 is the 20 day ADR low, as well as being a major trading area. Note the empty profile down to 2560.
Is this 10/25 Deja Vu or will we see something new? 8-)
I added a day of week comparative volume to the bottom. Not sure if it helps or not. It does show that so far this is not 10/25 part II.

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 11:57 am
by Cobra

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 11:58 am
by te_fern
The Ticks went negative around 11:00 (fell thru the MA line").

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 12:16 pm
by fehro
Cobra wrote:wow, bad news. this bear may have legs.



As Bloomberg reports, House tax writers are discussing a gradual phase-in for the corporate tax-rate cut that President Donald Trump and Republican leaders want -- a schedule that would have the rate reach 20 percent in 2022, according to a member of the chamber’s tax-writing committee and a person familiar with the discussions.

Under that plan, the rate may be reduced from its current 35 percent rate by three percentage points a year starting in 2018


http://www.zerohedge.com/news/2017-10-30/stocks-slammed-disappointing-gradual-tax-cut-headlines will find out Wed when the plan is released. with FOMC rate announcement ..and Trump announces FOMC chair Thursday.. buckle up :roll: :lol:

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 12:16 pm
by Al_Dente
House: corporate tax cuts may be enacted "gradually" reaching 20% in 2022.
SPY and Smalls: that sucks

Re: 10/30/2017 Live Update

PostPosted: Mon Oct 30, 2017 12:21 pm
by te_fern
bounced off the first support pivot a couple times and now heading lower. Will it reach the 2nd support pivot?