Page 1 of 2

12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 10:22 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.
=============================================================================================================================================================================

consolidation, bias is up.

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 10:41 am
by Trades with cats
Rumor has it the House will vote Tax Bill 1:30 to 2:00 time frame.

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 10:59 am
by Cobra

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 11:05 am
by Trades with cats
ES 03-18 (1100 Tick) 2017_12_19.png

Just pointing out that yesterday's high was tested twice last night. The opening pullback was clearly stopped at once again a MAGIC number, this time the Central Pivot.
Next up for me, will VWAP stop or confirm the bounce?

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 11:12 am
by fehro
It's all AAPL's fault.. mind yGAPs.. evening stars, dark clouds.. way way too early..

https://www.bloomberg.com//news/articles/2017-12-19/apple-gets-a-rare-downgrade-after-rising-more-than-50-in-2017

The tech giant got a rare downgrade this morning from Nomura Instinet analyst Jeffrey Kvaal, who says that iPhone X sales as well as other positives for the company are already baked into the stock price. He lowered the rating to neutral.

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 11:19 am
by Trades with cats
Small caps showing much better strength today, still trading in the green.

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 11:20 am
by brokebybernacke2
fehro wrote:It's all AAPL's fault.. mind yGAPs.. evening stars, dark clouds.. way way too early..

https://www.bloomberg.com//news/articles/2017-12-19/apple-gets-a-rare-downgrade-after-rising-more-than-50-in-2017

The tech giant got a rare downgrade this morning from Nomura Instinet analyst Jeffrey Kvaal, who says that iPhone X sales as well as other positives for the company are already baked into the stock price. He lowered the rating to neutral.


agree, big fruit is overripe...will lead the overall correction..

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 11:24 am
by Trades with cats
fehro wrote:It's all AAPL's fault.. mind yGAPs.. evening stars, dark clouds.. way way too early..


Big piece by BofA Merrill up on Zerohedge showing the fund managers rotating out of tech and FAANGs and into the safe (er) stuff for year end. Same piece shows their rankings of what can go wrong and their best guess for when the market turns. It is no longer a question of which year, it is which quarter. :o

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 11:39 am
by Trades with cats
ES 03-18 (2 BetterRenko(17)) 2017_12_19.png

Looking at the levels in the GAP. A 50% retrace is now seeming possible. as it is within 1 deviation band.Again, if the House passes the tax bill this afternoon I would think New All Time Highs would be a potential.

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 11:43 am
by Al_Dente
[ADD edit: the stock that the SEC halted was CRCW]
LFIN
Following last night's chaotic appearance of LongFin CEO on FastMoney… In what we suspect will be the first of many, The SEC has suspended trading of shares in LFIN due to "potentially manipulative transactions in the company’s stock.”
[BUT IT IS STILL TRADING PER STOCKCHARTS THIS MORNING - ??]
http://www.zerohedge.com/news/2017-12-1 ... coin-mania

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 12:07 pm
by Trades with cats
Back into the 30 minute opening range. VWAP at the daily Pivot Point is my guess for the first upside target after London/Frankfurt close.

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 12:49 pm
by te_fern
Is this the pullback before the year end rally?

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 12:53 pm
by te_fern
Levered smalls are pulling back....

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 12:54 pm
by te_fern
The TICKs are headed down...

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 1:00 pm
by fehro
fehro wrote:It's all AAPL's fault.. mind yGAPs.. evening stars, dark clouds.. way way too early..

https://www.bloomberg.com//news/articles/2017-12-19/apple-gets-a-rare-downgrade-after-rising-more-than-50-in-2017

The tech giant got a rare downgrade this morning from Nomura Instinet analyst Jeffrey Kvaal, who says that iPhone X sales as well as other positives for the company are already baked into the stock price. He lowered the rating to neutral.


damage starting.. VIX nears 20d/50d Expiration tomorrow fwiw

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 1:02 pm
by Al_Dente
Fern Boss: soxl and labu drop 1 point and more in ONE MINUTE
Who needs that? (asking for a friend :roll: )

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 1:05 pm
by Cobra

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 1:09 pm
by Al_Dente
VIX hod
SPY lod

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 1:11 pm
by te_fern
Al_Dente wrote:Fern Boss: soxl and labu drop 1 point and more in ONE MINUTE
Who needs that? (asking for a friend :roll: )

Yes, not pretty! SOXL has been strong the last couple of days, but LABU has been lagging till this morning.
Have to watch for the MA lines to cross back positive for new opportunity!!! :D :D

Re: 12/19/2017 Live Update

PostPosted: Tue Dec 19, 2017 1:13 pm
by te_fern
VIX on the move up, but still not in worry territory!!