Back to www.cobrasmarketview.com

   

11/09/2017 Live Update

11/09/2017 Live Update

Postby Cobra » Thu Nov 09, 2017 10:19 am

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.
=============================================================================================================================================================================

double top, text book target 2571.25 to 2566, not sure whether bears can make it...
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 38239
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/09/2017 Live Update

Postby Cobra » Thu Nov 09, 2017 10:22 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 38239
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/09/2017 Live Update

Postby Cobra » Thu Nov 09, 2017 10:34 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 38239
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/09/2017 Live Update

Postby Al_Dente » Thu Nov 09, 2017 10:47 am

AD, 1min
119ad.png.png
User avatar
Al_Dente
 
Posts: 18871
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/09/2017 Live Update

Postby Trades with cats » Thu Nov 09, 2017 10:58 am

Aw darn I was all geared up for some high volatility white knuckle trading today. Maybe later.
Trades with cats
 
Posts: 4010
Joined: Sat Oct 11, 2014 4:40 pm

Re: 11/09/2017 Live Update

Postby Cobra » Thu Nov 09, 2017 11:04 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 38239
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/09/2017 Live Update

Postby Al_Dente » Thu Nov 09, 2017 11:09 am

FUTURES
The ICE Exchange launched their FANG (plus) index futures contracts yesterday morning.
NYFANG
I think the futures symbol is: FNG
Futures traders please report in
User avatar
Al_Dente
 
Posts: 18871
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/09/2017 Live Update

Postby Al_Dente » Thu Nov 09, 2017 11:17 am

Que pasa junk?
HYG, daily
119junk.png.png
User avatar
Al_Dente
 
Posts: 18871
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/09/2017 Live Update

Postby Wallstreetrader » Thu Nov 09, 2017 11:22 am

GM

Reoppened didn't pass it :idea:
Attachments
Capturar.JPG
Last edited by Wallstreetrader on Thu Nov 09, 2017 12:26 pm, edited 6 times in total.
Bull Market No dought !
Wallstreetrader
 
Posts: 862
Joined: Thu Mar 17, 2011 12:00 pm

Re: 11/09/2017 Live Update

Postby Trades with cats » Thu Nov 09, 2017 11:22 am

NYFANG gets a chart from google.
FNG is an ETF.

For anybody who has forgotten what a lack of liquidity looks like when selling hits sounds like the tech indexes would be worth a look. But wait until the dip has been thoroughly bought first. :D
Trades with cats
 
Posts: 4010
Joined: Sat Oct 11, 2014 4:40 pm

Re: 11/09/2017 Live Update

Postby Al_Dente » Thu Nov 09, 2017 11:34 am

Trades with cats wrote:NYFANG gets a chart from google.
FNG is an ETF.
For anybody who has forgotten what a lack of liquidity looks like when selling hits sounds like the tech indexes would be worth a look. But wait until the dip has been thoroughly bought first. :D

thanks boss :D
ELSEWHERE:
traders await tax-cut legislation from the House Ways and Means Committee (and The Senate will also release its own version).
User avatar
Al_Dente
 
Posts: 18871
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/09/2017 Live Update

Postby Cobra » Thu Nov 09, 2017 11:35 am

from now on until decisive new low, any sharp rebound then the low was in. key time.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 38239
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/09/2017 Live Update

Postby Ed02 » Thu Nov 09, 2017 11:37 am

Cobra, is it hollow red-bar?
Ed02
 
Posts: 137
Joined: Wed May 04, 2011 10:57 am

Re: 11/09/2017 Live Update

Postby Daniel » Thu Nov 09, 2017 11:40 am

IWM had a sharp rebound to a quick gap fill, on light volume. Price was then firmly rejected at that level.

MDY is not confirming, nowhere near gap fill (yet).

(As Cobra noted, IWM's hammer candle yest. may have marked a short term low.)
Daniel
 
Posts: 2176
Joined: Fri Feb 10, 2012 4:27 pm

Re: 11/09/2017 Live Update

Postby Daniel » Thu Nov 09, 2017 11:47 am

From Briefing.com: "Markets showing caution ahead of Senate tax reform bill release, which is scheduled for 11:30 ET."
Daniel
 
Posts: 2176
Joined: Fri Feb 10, 2012 4:27 pm

Re: 11/09/2017 Live Update

Postby Trades with cats » Thu Nov 09, 2017 11:50 am

RTY 12-17 (2500 Tick)  11_9_2017.jpg

Small Caps have put in a lower low and a lower high to yesterday.
I think they 'look' stronger because they get very little overnight action. The ES had around 400% of normal overnight volume and sold off hard.
Trying to say the smalls are not immune to the sell off, just ignored by Asian and Europe based traders. :)
Trades with cats
 
Posts: 4010
Joined: Sat Oct 11, 2014 4:40 pm

Re: 11/09/2017 Live Update

Postby Trades with cats » Thu Nov 09, 2017 11:54 am

ES 12-17 (3000 Tick)  11_9_2017.jpg

The ES looks like 2590 is a looooong way away. My guess is we need Friday's action as well to recover to that level.
Trades with cats
 
Posts: 4010
Joined: Sat Oct 11, 2014 4:40 pm

Re: 11/09/2017 Live Update

Postby Al_Dente » Thu Nov 09, 2017 11:56 am

Junk is voting “Risk-Off” meaning the risk of default is increasing … especially hurtful for smalls, who are loaded with junk
A no-bullshit-tax-cut for small corporations would change all that
119junk2.png.png
User avatar
Al_Dente
 
Posts: 18871
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/09/2017 Live Update

Postby fehro » Thu Nov 09, 2017 12:08 pm

SPX broke bearish rising wedge 60m.. target near open gap.. 2565-60 mind 20d 2573ish .. if LOD goes.. worse case today.. 2558
fehro
 
Posts: 21167
Joined: Fri Sep 02, 2011 2:06 pm

Re: 11/09/2017 Live Update

Postby Cobra » Thu Nov 09, 2017 12:13 pm

should at least be another push up.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 38239
Joined: Sat Feb 12, 2011 10:29 pm

Next

Return to Traders Lounge

Who is online

Users browsing this forum: Bing [Bot], Google [Bot], Google Adsense [Bot] and 8 guests