Back to www.cobrasmarketview.com

   

01/30/2018 Live Update

01/30/2018 Live Update

Postby Cobra » Tue Jan 30, 2018 10:25 am

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.
=============================================================================================================================================================================

testing support which might not hold as it's been tested many times already. however, I see lots of cases, ES simply broke the support then rebound sharply (head fake) so beware.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 39550
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/30/2018 Live Update

Postby fehro » Tue Jan 30, 2018 10:29 am

"h" pattern on /ES 30m … calls for another -40-46 points.. fwiw.. "h" pattern inverted "j" hook.. fwiw target is 2790ish
fehro
 
Posts: 22270
Joined: Fri Sep 02, 2011 2:06 pm

Re: 01/30/2018 Live Update

Postby JFR » Tue Jan 30, 2018 10:33 am

Overnight gap down on YM, ES and NQ.
Attachments
2018-01-30_0633.png
User avatar
JFR
 
Posts: 1804
Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/30/2018 Live Update

Postby JFR » Tue Jan 30, 2018 10:36 am

AXP doing well.
Attachments
AXP.png
AXP.png (8.36 KiB) Viewed 1074 times
User avatar
JFR
 
Posts: 1804
Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/30/2018 Live Update

Postby fehro » Tue Jan 30, 2018 10:37 am

SPX 60m.. "island" top? gapped the gap… or H&S
Attachments
Screen Shot 2018-01-30 at 6.36.10 AM.png
fehro
 
Posts: 22270
Joined: Fri Sep 02, 2011 2:06 pm

Re: 01/30/2018 Live Update

Postby fehro » Tue Jan 30, 2018 10:39 am

RUT nears 20d SMA, TRANS <20d
Attachments
Screen Shot 2018-01-30 at 6.38.41 AM.png
fehro
 
Posts: 22270
Joined: Fri Sep 02, 2011 2:06 pm

Re: 01/30/2018 Live Update

Postby JFR » Tue Jan 30, 2018 10:39 am

XL, AXE and BC doing well.
Attachments
2018-01-30_0639.png
User avatar
JFR
 
Posts: 1804
Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/30/2018 Live Update

Postby Trades with cats » Tue Jan 30, 2018 10:43 am

Overnight volume was 3x normal. It was Hong Kong that pulled the panic button.Then things stabilized.
Trades with cats
 
Posts: 5170
Joined: Sat Oct 11, 2014 4:40 pm

Re: 01/30/2018 Live Update

Postby JFR » Tue Jan 30, 2018 10:43 am

MCD not doing well. Donald's favourite. That is a culinary comment, rather than political. LOL
Attachments
MCD.png
MCD.png (8.24 KiB) Viewed 1029 times
User avatar
JFR
 
Posts: 1804
Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/30/2018 Live Update

Postby fehro » Tue Jan 30, 2018 10:57 am

fwiw - : VIX bullish falling wedge weekly measure move is 27.50 ... another 100% higher
fehro
 
Posts: 22270
Joined: Fri Sep 02, 2011 2:06 pm

Re: 01/30/2018 Live Update

Postby Al_Dente » Tue Jan 30, 2018 10:58 am

Yesterday:
NY NEW HIGHS 236
NY NEW LOWS 204
User avatar
Al_Dente
 
Posts: 19963
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/30/2018 Live Update

Postby JFR » Tue Jan 30, 2018 10:59 am

We have some headwinds. It is a question of when, not if, the market will correct, or worse. Step lively, as they say.
Attachments
SPY daily.png
User avatar
JFR
 
Posts: 1804
Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/30/2018 Live Update

Postby brokebybernacke2 » Tue Jan 30, 2018 10:59 am

fehro wrote:fwiw - : VIX bullish falling wedge weekly measure move is 27.50 ... another 100% higher


yup, best stop knocking on this support level soon, or Trump need change a few things in his speech...
brokebybernacke2
 
Posts: 1109
Joined: Wed Sep 21, 2011 10:10 am

Re: 01/30/2018 Live Update

Postby JFR » Tue Jan 30, 2018 11:01 am

Dragging along the bottom.

Back later ...
Attachments
2018-01-30_0700.png
User avatar
JFR
 
Posts: 1804
Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/30/2018 Live Update

Postby Al_Dente » Tue Jan 30, 2018 11:02 am

NY declining stocks = 5.1 x advancing stocks
NY declining volume = 6.4 x advancing volume
User avatar
Al_Dente
 
Posts: 19963
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/30/2018 Live Update

Postby Trades with cats » Tue Jan 30, 2018 11:02 am

Citi, Morgan, Merrill (B of A now) Goldman and lots of independents all saying too bullish time for a pullback, buy cheep puts market will be lower three months from now.

When was the last time we heard consensus on lower from the major trading houses?
Trades with cats
 
Posts: 5170
Joined: Sat Oct 11, 2014 4:40 pm

Re: 01/30/2018 Live Update

Postby Cobra » Tue Jan 30, 2018 11:06 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 39550
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/30/2018 Live Update

Postby Al_Dente » Tue Jan 30, 2018 11:19 am

By itself, UNH is responsible for about -89 points of the dow’s decline so far today
Biggest news other than YIELD is the planned healthcare venture with Bezos, Buffett and JPM
User avatar
Al_Dente
 
Posts: 19963
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/30/2018 Live Update

Postby Daniel » Tue Jan 30, 2018 11:44 am

GLD, SLV lod
Daniel
 
Posts: 2598
Joined: Fri Feb 10, 2012 4:27 pm

Re: 01/30/2018 Live Update

Postby Al_Dente » Tue Jan 30, 2018 11:56 am

Yesterday:
How high can 10yr bond yields ($TNX) go before they start to hurt equities?
GS: 2.75%
JPM: 2.75%
Jeff Gundlach: 2.63%
SocGen: "we are already there"

$TNX on open this morning hit 27.26 HOD (2.72% yield)
Last edited by Al_Dente on Tue Jan 30, 2018 11:58 am, edited 1 time in total.
User avatar
Al_Dente
 
Posts: 19963
Joined: Thu Jul 21, 2011 2:29 pm

Next

Return to Traders Lounge

Who is online

Users browsing this forum: No registered users and 10 guests