Cobra's Market View

You can easily see the retrace moves with the Renko bars. Don't know if VWAP is making a difference or just a coincidence.

https://www.zerohedge.com/news/2018-01- ... old-market
perp walk time.

SPX 4hr moon chart.. full moon Jan 31 fwiw.. upper channel level 295-300 fwiw.

fehro wrote:SPX 4hr moon chart.. full moon Jan 31 fwiw.. upper channel level 295-300 fwiw.

Full Moon is bottom or top? I see both happening in your chart..

Junior Buffett wrote:

fehro wrote:SPX 4hr moon chart.. full moon Jan 31 fwiw.. upper channel level 295-300 fwiw.

Full Moon is bottom or top? I see both happening in your chart..

New moon dark, full moon lighter.. full moon lower side

fehro wrote:

Junior Buffett wrote:

fehro wrote:SPX 4hr moon chart.. full moon Jan 31 fwiw.. upper channel level 295-300 fwiw.

Full Moon is bottom or top? I see both happening in your chart..

New moon dark, full moon lighter.. full moon lower side

That would be big event if we continue in red till Jan 31st! LOL..BEARS are not that lucky..

VIX 14.24 200w SMA if HOD goes.

fehro wrote:VIX 14.24 200w SMA if HOD goes.

VIX Cash is catching up with the VIX Future...almost there...

fehro wrote:VIX 14.24 200w SMA if HOD goes.

up 18%, market is just weird, like setting up another bottom..from up here!

brokebybernacke2 wrote:

fehro wrote:VIX 14.24 200w SMA if HOD goes.

up 18%, market is just weird, like setting up another bottom..from up here!

I dont want to see bottom before it touches 2800! wishful thinking...

IF you combine the volume profile of most of last week you had a nice bell shaped curve followed by Friday's explosive move. Combine Friday and today and you are getting a bell curve. Wednesday is FOMC swan song. Thursday night is State of the Union with emphasis on trade. Friday is jobs report. Oh and Apple earnings. So which of those is not capable of causing a gap and go? Is there anything looking like it will trigger a sell off?

Power Hour, watching for the Ramp Express to get us green before the close!

Not sure how that end of the day rebalancing works on a choppy down day. On paper our lot (the day traders) are supposed to be looking to close our shorts, but it has been so choppy I kinda doubt a lot of positions were built up. Similarly the weak hands who bought the high should be getting out of their ETFs so the fund sponsors should be selling the close to balance the fund. If there was selling.

Weak internals all day are finally catching up w price.

fehro wrote:VIX 14.24 200w SMA if HOD goes.

HOD goes...14.24 coming?

brokebybernacke2 wrote:

fehro wrote:VIX looks a tad dangerous.. mind Jan highs 12.81 fwiw "could" see 15 in a flash

how u say, buckle up??

not bad!

well, guess that's it for today. Tuesday tomorrow has been mixed recently. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp