Page 1 of 5

11/29/2017 Live Update

Posted: Wed Nov 29, 2017 10:21 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.
=============================================================================================================================================================================

this bull may have legs.

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 10:24 am
by Cobra

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 10:38 am
by fehro
VIX up sharp takes out yHOD, >50d tests 20d SMA… QQQs very weak.

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 10:39 am
by JFR
Overnight gap up. TICK going nowhere so far.

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 10:51 am
by te_fern
The Semi's continuing their woes, down 4.5%...

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 10:54 am
by Trades with cats
Is bio-tech dropping with the semi's (tech wreck)?

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 10:58 am
by te_fern
For today the Biotechs aren't following the Semi's down, up 1.6% (all in levered land!)..

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 10:59 am
by te_fern
SPX hit the first resistance pivot....

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:00 am
by Cobra

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:03 am
by fehro
fehro wrote:VIX up sharp takes out yHOD, >50d tests 20d SMA… QQQs very weak.
TRANSports! :roll: :lol: NDX nLODs as RUT/SPX nATH VIX still very elevated.. mind AAPL H&S 5m and 60m

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:06 am
by Trades with cats
te-fern, thanks for the bio update. They have been making a major double top recently and I have seen several comments this morning on how tech is taking a hit while transports and financials are doing the heavy lifting.

ES stopped two handles short of the R1 pivot.

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:08 am
by te_fern
Trades with cats wrote:te-fern, thanks for the bio update. They have been making a major double top recently and I have seen several comments this morning on how tech is taking a hit while transports and financials are doing the heavy lifting.

ES stopped two handles short of the R1 pivot.
:D :D

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:10 am
by te_fern
TWC, you are right the financials have gone straight up the last 2 days....

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:12 am
by te_fern
General Tech is taking it on the chin this morning too!!!

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:21 am
by Trades with cats
House Majority Leader has advised members to be flexible at week end.

I am assuming that means don't leave town for the weekend, we are probably going to vote.

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:23 am
by te_fern
First pullback...

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:28 am
by Trades with cats
ES 12-17 (1000 Tick) 2017_11_29.png
On paper price is supposed to come back up and test VWAP before the drop gets serious.
A complication is that Friday is distribution to 401 K accounts. So greed would have these record prices hang on through Friday when they know that cash will hit. :twisted:

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:32 am
by Al_Dente
Small cap, mid cap, large cap
Momentum or high beta
It’s a low-volume ETF, but MTUM (green), the large-cap momentum portfolio, has been the % outperformer
Daily
1129mtum.png.png

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:36 am
by te_fern
Pasta Boss, how is the up/down statistics looking this morning? Thx!!

Re: 11/29/2017 Live Update

Posted: Wed Nov 29, 2017 11:41 am
by Al_Dente
[add on]
here is that MTUM chart YTD (year-to-date)
1129mtum2.png.png