12/14/2017 Live Update

[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.

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

triangle, bias is up.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2017/12 ... ay-update/

[Al_Dente]

Today is the 10th trading day of the month, FWIW

[te_fern]

SPX stuck on the middle pivot...

[te_fern]

Today is the 10th trading day of the month, FWIW

december.png.png

Decisions, decisions!

[te_fern]

Levered smalls still in a trading range...

[Al_Dente]

[fehro]

too early.. fwiw..

[Al_Dente]

SPXEW (equal weight SPX) did not yet confirm yesterday’s high

[Al_Dente]

AD is 1-to-1, no help there

[te_fern]

Semi's still in a down channel....

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2017/12 ... ay-update/

[fehro]

PUT/Call extreme.. and bear/bull sentiment nears extreme as well "too many bulls".. still has rooom to go higher.. but caution is warrranted.. "usually" markets go up near on holidays.. due to low vol, and retail traders.. vs the pros who are on holidays

[Al_Dente]

China, DAILY
Bottom panel: gaps are common in the “A Shares” (ASHR) because of the time difference.
But an island (pink) like the one printed on ASHR a couple weeks back is huge and uncommon.
Little divergences with $SPX (purple) are common, but the current divergence is huge and uncommon.
And the Shanghai Exchange ($SSEC, not shown) has been testing its 200dma. Having just regained its 200dma in June, it would not be good to lose it here…
Since the net chatter is that the “big crash” will be seen first either in China or in the bond market, I’d like to see China “catch up” here….
FWIW

[Junior Buffett]

PUT/Call extreme.. and bear/bull sentiment nears extreme as well "too many bulls".. still has rooom to go higher.. but caution is warrranted.. "usually" markets go up near on holidays.. due to low vol, and retail traders.. vs the pros who are on holidays

Hi Fehro,

I think VIX is expiring on Monday and next contract is almost $1.25 higher...that can be a problem for BEARS

[fehro]

PUT/Call extreme.. and bear/bull sentiment nears extreme as well "too many bulls".. still has rooom to go higher.. but caution is warrranted.. "usually" markets go up near on holidays.. due to low vol, and retail traders.. vs the pros who are on holidays

Hi Fehro,

I think VIX is expiring on Monday and next contract is almost $1.25 higher...that can be a problem for BEARS

Wed… OEW this week may see a punch down? decay those options?

[brokebybernacke2]

PUT/Call extreme.. and bear/bull sentiment nears extreme as well "too many bulls".. still has rooom to go higher.. but caution is warrranted.. "usually" markets go up near on holidays.. due to low vol, and retail traders.. vs the pros who are on holidays

im officially nervous

[te_fern]

TICKs not helping yet this morning.....

[Al_Dente]

IWM 60min
Designed to obfuscate, the smalls broke down from the diamond, then up, now down for a test
Options traders (1/RVX) are voting for up, volume and momentum are not yet convinced…
What a piece of shit is IWM
https://www.youtube.com/watch?v=fstxNFdQWZQ

[fehro]

PUT/Call extreme.. and bear/bull sentiment nears extreme as well "too many bulls".. still has rooom to go higher.. but caution is warrranted.. "usually" markets go up near on holidays.. due to low vol, and retail traders.. vs the pros who are on holidays

im officially nervous

nawh.. no reason to be..

http://www.zerohedge.com/news/2017-12-13/2-charts-might-define-feds-jerome-powell-era