01/17/2018 Live Update

[te_fern]

Might just be a sideways type of day....

[brokebybernacke2]

someone betting big on volatility next prior to next vix expiry..

http://www.cboe.com/blogs/options-hub/2 ... ry-13-2018

[Cobra]

clear breakout so this bull shall have legs.

[fehro]

mind the diamond patterns 30m Indexes.. should we stall and make lower highs

[Trades with cats]

That swoosh up was the empty part of yesterday's volume profile, the part where we swooshed down. But now we are at Friday's close and the only thing above that is the weak spike high. Long way around to say it is decision time for bulls and bears and the european exchanges that have provided the after hours rocket fuel are about to close. As they say time to go all in for the bears.

[Trades with cats]

[Trades with cats]

ES 2794.25 was the overnight high, can't quite reach it yet.

[Trades with cats]

Sorry, there was so little movement on Monday that it sort of disappeared. Monday's close and last nights high are essentially the same so we know what the non US based traders think is high enough. I am calling it the midnight double top.

[Daniel]

XLE,XOP hod

[brokebybernacke2]

Sorry, there was so little movement on Monday that it sort of disappeared. Monday's close and last nights high are essentially the same so we know what the non US based traders think is high enough. I am calling it the midnight double top.

right around the 61.8 retrace off lows..

[Daniel]

multi-sector HODs!

[Trades with cats]

FuturesTrader71 tweeted an image of his Bookmap screen showing the amount of orders on both sides really picking up as we hit this area, effectively stalling the market.

[Cobra]

consolidation, bias is up.

[Cobra]

members only update at 12:05 pm
http://www.cobrasmarketview.com/2018/01 ... ay-update/

[Trades with cats]

So if you run some Fib levels on yesterday we are right smack dab in the middle of a retrace at 61.8% so on paper a second leg down has not been ruled out. Personally I don't think the bulls will be confident until 2800 is retaken (76% level).

[Al_Dente]

INTRADAY
GDX
double bottom, double top = BOX
waiting for the break
1min

[Cobra]

this bull shall have legs

[brokebybernacke2]

if the vix can stay above bb , bear chances , right now 11.34

[Trades with cats]

Sen Lindsey Graham is a no vote on stop gap bill. Is there a shut it down hashtag yet?

[Al_Dente]

GDX box target met
1min