Back to www.cobrasmarketview.com

   

02/06/2018 Live Update

Re: 02/06/2018 Live Update

Postby Trades with cats » Tue Feb 06, 2018 3:39 pm

Three hours later and once again bouncing between the bottom of the value range 2625 (1 standard deviation) and the Point of Control 2638 and VWAP 2640. So really nothing has happened today except building a consensus on where fair value is, which is centered around 2640 ish. The more days the market spends centered on that price range the more energy is built up for an eventual move.
Trades with cats
 
Posts: 5170
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/06/2018 Live Update

Postby fehro » Tue Feb 06, 2018 3:43 pm

Junior Buffett wrote:
fehro wrote:be very careful.. looking for a possible shocking up move near end of day.. target sloppy pattern SPY 275 .. need serious break up 5m


That's almost reversing whole move from yesterday! i.e. point wise..



dead cat bounce.. we did move $30 points down .. so whats a $10 point up move between friends? :roll: :lol: :lol: then be ready for a possible generational short.. something no one in this generation has seen
fehro
 
Posts: 22270
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/06/2018 Live Update

Postby Cobra » Tue Feb 06, 2018 3:47 pm

rebound as expected. 100% mm possible, target day high.
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: 02/06/2018 Live Update

Postby Cobra » Tue Feb 06, 2018 4:01 pm

target met, the rebound shall have legs.
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: 02/06/2018 Live Update

Postby Al_Dente » Tue Feb 06, 2018 4:01 pm

HAPPY HOUR
User avatar
Al_Dente
 
Posts: 19963
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/06/2018 Live Update

Postby Trades with cats » Tue Feb 06, 2018 4:07 pm

1 hour opening range broken to the upside today, 94% stat fulfilled.
Trades with cats
 
Posts: 5170
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/06/2018 Live Update

Postby Cobra » Tue Feb 06, 2018 4:08 pm

another 100% mm possible.
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: 02/06/2018 Live Update

Postby Trades with cats » Tue Feb 06, 2018 4:10 pm

Yesterday's VWAP at ES 2703.75, but I don't think it is very meaningful after such a strange day.
Trades with cats
 
Posts: 5170
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/06/2018 Live Update

Postby Cobra » Tue Feb 06, 2018 4:10 pm


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: 02/06/2018 Live Update

Postby Al_Dente » Tue Feb 06, 2018 4:11 pm

OPINION:
anyway ……… going forward…..
The VIX IS NOT TO BE TRUSTED until this thing is “over” (circa Jan 20 ??)
Spikes are no longer folks buying puts to protect their long portfolios
Drops are not necessarily call bets
All moves in VIX are now all about short-covering in the “short vol” community
Cover-your-arse anyway u can, in any vehicle you can find
Algos gone berserk. XIV opens then circuit-breaker halts twice/thrice
The quants won’t be fired until after Jan 20
The VIX IS NOT TO BE TRUSTED
User avatar
Al_Dente
 
Posts: 19963
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/06/2018 Live Update

Postby Al_Dente » Tue Feb 06, 2018 4:12 pm

fehro wrote:..... looking for a possible shocking up move near end of day.......

great call boss :D
User avatar
Al_Dente
 
Posts: 19963
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/06/2018 Live Update

Postby K447 » Tue Feb 06, 2018 4:12 pm

Al_Dente wrote:OPINION:
anyway ……… going forward…..
...


Whose opinion is this?
K447
 
Posts: 499
Joined: Fri Aug 26, 2011 10:43 am

Re: 02/06/2018 Live Update

Postby brokebybernacke2 » Tue Feb 06, 2018 4:14 pm

bit of a bearish gartley here.....caution. like to see it overridden here
Attachments
big (1).gif
brokebybernacke2
 
Posts: 1109
Joined: Wed Sep 21, 2011 10:10 am

Re: 02/06/2018 Live Update

Postby Junior Buffett » Tue Feb 06, 2018 4:16 pm

Al_Dente wrote:OPINION:
anyway ……… going forward…..
The VIX IS NOT TO BE TRUSTED until this thing is “over” (circa Jan 20 ??)
Spikes are no longer folks buying puts to protect their long portfolios
Drops are not necessarily call bets
All moves in VIX are now all about short-covering in the “short vol” community
Cover-your-arse anyway u can, in any vehicle you can find
Algos gone berserk. XIV opens then circuit-breaker halts twice/thrice
The quants won’t be fired until after Jan 20
The VIX IS NOT TO BE TRUSTED


Well said :D

I think they will just eliminate this monster called VIX...will save some $ to some naive investors...
User avatar
Junior Buffett
 
Posts: 1070
Joined: Mon Apr 15, 2013 4:39 pm

Re: 02/06/2018 Live Update

Postby Al_Dente » Tue Feb 06, 2018 4:24 pm

ATTENTION GOLD MINERS:
Earnings reports tomorrow
Wed: 2/7: after the close: AEM, ABX, GG, KGC
User avatar
Al_Dente
 
Posts: 19963
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/06/2018 Live Update

Postby Al_Dente » Tue Feb 06, 2018 4:24 pm

K447 wrote:
Al_Dente wrote:OPINION:
anyway ……… going forward…..
...


Whose opinion is this?

mine
User avatar
Al_Dente
 
Posts: 19963
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/06/2018 Live Update

Postby brokebybernacke2 » Tue Feb 06, 2018 4:27 pm

brokebybernacke2 wrote:bit of a bearish gartley here.....caution. like to see it overridden here



also 2690s in that 38% retrace off the highs, yuk..get me above 2700 much more comfy
brokebybernacke2
 
Posts: 1109
Joined: Wed Sep 21, 2011 10:10 am

Re: 02/06/2018 Live Update

Postby K447 » Tue Feb 06, 2018 4:34 pm

Al_Dente wrote:
K447 wrote:
Al_Dente wrote:OPINION:
anyway ……… going forward…..
...


Whose opinion is this?

mine


You mentioned Jan 20, so this was repeat of an older post?
K447
 
Posts: 499
Joined: Fri Aug 26, 2011 10:43 am

Re: 02/06/2018 Live Update

Postby fehro » Tue Feb 06, 2018 4:35 pm

Al_Dente wrote:
fehro wrote:..... looking for a possible shocking up move near end of day.......

great call boss :D


thanks, mind 50d SMAs
Attachments
Screen Shot 2018-02-06 at 12.35.01 PM.png
fehro
 
Posts: 22270
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/06/2018 Live Update

Postby Cobra » Tue Feb 06, 2018 4:52 pm


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

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: No registered users and 8 guests