01/25/2018 Live Update

[Trades with cats]

Not exactly a good day for the Small Caps.

[fehro]

bonds VIX green, Transports red.. buckle up

hmmmm +85 vs -192

[fehro]

oh and oil - /CL HOD today? $66.66

[Trades with cats]

Oil- Chart yesterday showing estimated world wide inventory at the bottom of the five year range. Venezuela continuing to collapse but with the country in chaos the refineries shutting down is not unexpected. US production is, as the British say 'a spanner in the gear works' for OPEC. Hedge funds still adding to their net longs so they still believe. Saudi Prince clearly betting everything on the IPO as I can't but think his relatives are less than happy with him. So all the trends we saw last year are continuing as the market moves towards the singularity on the event horizon, the world's largest IPO.

[Trades with cats]

This is the third day in a row where the market has shown us that the current ES price is the price it prefers. VWAP sitting on yesterday's close. Market POC at 2840 +- for the third day. This thing has better balance than a Chinese acrobat.

[fehro]

seems INDU want's Trumps 26500

[Trades with cats]

London/Frankfurt closed. With the dollar on the skids I wonder how much of the morning selling was that lot getting out. Maybe this breakout will stick. Dream target of 2857.

[Trades with cats]

Small caps taking off like a scalded cat back into the green.

[fehro]

dabble short here 2841.50 not ideal

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2018/01 ... ay-update/

[Trades with cats]

Overnight midpoint sitting just below the opening price. Overnight high just below yesterday's high. So these prices are familiar territory. My dream target is climbing back to the overnight high, then I am out of ideas.

[brokebybernacke2]

thursday musings, if u like patterns, black lines get longer, dont sweat the small stuff! ...

[Cobra]

the pullback will be bought

[Trades with cats]

Mid and VWAP at ES 2842, not going to think about joining Fehro until that breaks decisively.

[Trades with cats]

Breaking bad, that was an ugly drop.

[Trades with cats]

The close held, now bulls need to prove they can hold VWAP right here.

[Al_Dente]

On GDX, NUGT, 1min, you can see the exact minute when trump said his shit about stronger dollar
Dollar spiked
NUGT down one full point in two minutes flat

[Trades with cats]

Well clearly not enough buyers. Lower high, lower low and another decisive break of yesterday's close, but like whack a mole the 2840 2841 ES level keeps getting tested from both sides.

[Trades with cats]

Don't cha just LOVE trading news driven markets!

[fehro]

On GDX, NUGT, 1min, you can see the exact minute when trump said his shit about stronger dollar
Dollar spiked
NUGT down one full point in two minutes flat

see earlier DXY chart he said the dollar will get stronger and stronger.. but really DXY was on 6 yr support daily trendline .. short covering rally