Back to www.cobrasmarketview.com

   

03/02/2018 Live Update

03/02/2018 Live Update

Postby Cobra » Fri Mar 02, 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.
=============================================================================================================================================================================

double bottom or not wait and see. bias is down though.
Attachments
ES60min.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: 40753
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2018 Live Update

Postby Cobra » Fri Mar 02, 2018 10:29 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: 40753
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2018 Live Update

Postby brokebybernacke2 » Fri Mar 02, 2018 10:52 am

green zone up next, but mac d bad cross, bounce will have to be strong from 2630-40 range or next red rectangle in play....

headline floating...contrarian makes contrarian me think we might have chances on next bounce ...
https://www.zerohedge.com/news/2018-03- ... pened-next
Attachments
sc.png
brokebybernacke2
 
Posts: 1199
Joined: Wed Sep 21, 2011 10:10 am

Re: 03/02/2018 Live Update

Postby Cobra » Fri Mar 02, 2018 11:03 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: 40753
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2018 Live Update

Postby fehro » Fri Mar 02, 2018 11:04 am

buckle up for the upside… too many bears Put/Call 1.29 Equites 1.61 :shock: :roll:

look to 20d SMA "should" we have a little profit taking short covering rally .. not sure.. NDX/COMPQ ugly.. gapped down under 20d/50d .. not good
fehro
 
Posts: 22868
Joined: Fri Sep 02, 2011 2:06 pm

Re: 03/02/2018 Live Update

Postby Cobra » Fri Mar 02, 2018 11:05 am

mini rebound target. before that, bulls no hope.
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: 40753
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2018 Live Update

Postby Daniel » Fri Mar 02, 2018 11:06 am

QQQ, XLK struggling with resistance at yest's lows.
SPY as well.. but weaker, almost no time spent above, so far this AM
Last edited by Daniel on Fri Mar 02, 2018 11:08 am, edited 1 time in total.
Daniel
 
Posts: 2820
Joined: Fri Feb 10, 2012 4:27 pm

Re: 03/02/2018 Live Update

Postby fehro » Fri Mar 02, 2018 11:06 am

fehro wrote:buckle up for the upside… too many bears Put/Call 1.29 Equites 1.61 :shock: :roll:

look to 20d SMA "should" we have a little profit taking short covering rally .. not sure.. NDX/COMPQ ugly.. gapped down under 20d/50d .. not good
Attachments
Screen Shot 2018-03-02 at 7.06.34 AM.png
fehro
 
Posts: 22868
Joined: Fri Sep 02, 2011 2:06 pm

Re: 03/02/2018 Live Update

Postby Daniel » Fri Mar 02, 2018 11:56 am

IWM second day of RS vs the other majors. First (only) to gap fill today.

Dollar index struggling to hold 90, currently just a couple ticks below.
Last edited by Daniel on Fri Mar 02, 2018 11:59 am, edited 1 time in total.
Daniel
 
Posts: 2820
Joined: Fri Feb 10, 2012 4:27 pm

Re: 03/02/2018 Live Update

Postby tim-follows » Fri Mar 02, 2018 11:58 am

some minor breadth and tech diverergences
qqq.png


seems upticks next few weeks are sellinopps..
spy30min.png
tim-follows
 
Posts: 59
Joined: Fri Feb 09, 2018 12:02 am

Re: 03/02/2018 Live Update

Postby fehro » Fri Mar 02, 2018 12:01 pm

Daniel wrote:IWM second day of RS vs the other majors. First (only) to gap fill today.

Dollar index struggling to hold 90, currently just a couple ticks below.


Big weekend for the dollar.. Italian Elections, and German coalition vote… those go badly.. be prepared for a "HUGE" move up in the USdollar. DXY >20d tested 50d y .. could explode up over the weekend..mind gold.. /GC stalling at 50d SMA today
fehro
 
Posts: 22868
Joined: Fri Sep 02, 2011 2:06 pm

Re: 03/02/2018 Live Update

Postby Daniel » Fri Mar 02, 2018 12:04 pm

fehro wrote:Big weekend for the dollar.. Italian Elections, and German coalition vote… those go badly..

What would constitute "going badly"..?
Daniel
 
Posts: 2820
Joined: Fri Feb 10, 2012 4:27 pm

Re: 03/02/2018 Live Update

Postby Daniel » Fri Mar 02, 2018 12:05 pm

No flight into bonds today, 10 yr yield is back up to 2.85%.

From Briefing.com:
"Treasuries have given back the bulk of their Thursday gains, pushing yields back towards their flat lines for the week. The benchmark 10-yr yield is up five basis points today and is down just two basis points for the week."
Last edited by Daniel on Fri Mar 02, 2018 12:07 pm, edited 1 time in total.
Daniel
 
Posts: 2820
Joined: Fri Feb 10, 2012 4:27 pm

Re: 03/02/2018 Live Update

Postby tim-follows » Fri Mar 02, 2018 12:06 pm

echoes of past bonehead econ ideas

and 30% whack to markets!
https://www.zerohedge.com/news/2018-03- ... pened-next

russles 30 mins and hourlys look safer with divergences atm, here is 2 hour
iwm2HR.png



https://www.zerohedge.com/news/2018-03- ... pened-next
tim-follows
 
Posts: 59
Joined: Fri Feb 09, 2018 12:02 am

Re: 03/02/2018 Live Update

Postby fehro » Fri Mar 02, 2018 12:09 pm

INDEX etf's … fugly
Attachments
Screen Shot 2018-03-02 at 8.05.39 AM.png
fehro
 
Posts: 22868
Joined: Fri Sep 02, 2011 2:06 pm

Re: 03/02/2018 Live Update

Postby fehro » Fri Mar 02, 2018 12:12 pm

Daniel wrote:What would constitute "going badly"..?



Merkel Coalition vote fails = new election, Italian Euro septic gain power… = weak EURO strong USD,

DAX is on the edge of a cliff already Weekly DAX erased 14months of gain.. back to Jan 2017
Attachments
Screen Shot 2018-03-02 at 8.08.58 AM.png
fehro
 
Posts: 22868
Joined: Fri Sep 02, 2011 2:06 pm

Re: 03/02/2018 Live Update

Postby tim-follows » Fri Mar 02, 2018 12:16 pm

spy weekly option squeeze
basic OI says 268 or 265 pin risk
site loads slow....

https://www.nasdaq.com/symbol/spy/optio ... ateindex=1
tim-follows
 
Posts: 59
Joined: Fri Feb 09, 2018 12:02 am

Re: 03/02/2018 Live Update

Postby Cobra » Fri Mar 02, 2018 12:27 pm

possible mm
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: 40753
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/02/2018 Live Update

Postby fehro » Fri Mar 02, 2018 12:44 pm

RUT leads the pack.. QQQs SPY struggle to fill gaps.. IWM tags 20d SMA RUT 2 points short
Attachments
Screen Shot 2018-03-02 at 8.43.25 AM.png
Screen Shot 2018-03-02 at 8.43.25 AM.png (19.42 KiB) Viewed 1427 times
fehro
 
Posts: 22868
Joined: Fri Sep 02, 2011 2:06 pm

Re: 03/02/2018 Live Update

Postby JFR » Fri Mar 02, 2018 12:54 pm

SPY daily. Just plain ugly. Chaotic. Random. Extreme. LOL
Attachments
2018-03-02_0849.png
User avatar
JFR
 
Posts: 1821
Joined: Sun Dec 02, 2012 7:24 pm

Next

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot], Google Adsense [Bot], Majestic-12 [Bot] and 5 guests