03/16/2018 Live Update

[Cobra]

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double bottom or not wait and see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/03 ... ay-update/

[Trades with cats]

U of Michigan consumer sentiment in 30 minutes

[Trades with cats]

Obvious upside target 2767.25 ES, then 2775 later today.

[Trades with cats]

Sorry, should say first target yesterday's high.
Can also say this breakout is already failing.

[te_fern]

Still in the trading range. Sold my Semi's at the close, didn't want any overnight surprises.....

[te_fern]

Triple witching today... Don't know if that increases or decreases volatility for the day!

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2018/03 ... ay-update/

[te_fern]

This support line seems to be important......

[te_fern]

VIX is opening lower than yesterday. Will it close the gap???

[Daniel]

NYSE, Naz advancers hod!

If IWM can get above 157.50 (currently 157.40) it will have cleared an obvious downtrend line from Tuesday's gap up and fail...

[Daniel]

BPNDX and BPSPX renko are both holding their BUY signals from March 6/9... but the SPX is giving a cautionary possible reversal warning this AM.

[Daniel]

If IWM can get above 157.50 (currently 157.40) it will have cleared an obvious downtrend line from Tuesday's gap up and fail...

Blasting thru! IWM at 157.85

[te_fern]

As Daniel said, the smalls are showing some life....

[te_fern]

The TICKs are stopping at their moving average lines....

[Al_Dente]

SMALLS, SWING, 15 min
cleared the first hurdle, breaking above the red-downtrend channel line, as shorts rush to cover
they will meet resistance all the way up

[Daniel]

Meanwhile, KRE is still rampaging, carrying thru on yesterday's strong intraday reversal, currently up >1%. KBE is not far behind. Transports are also strong (>1%)

UUP is now holding above that confluence of 5, 20, 50day moving averages.

Gold, silver, nat gas, DBC in gen'l all weak today.

[fehro]

VIX gets hammered as we move nowhere and those OEW options decay… VIX expiration next Wed… DXY .. USdollar.. nHOD, nHOW, nHOM … >20d/50d EURUSD <50d… mind your gold and oil

[Daniel]

XLK is flat on the day. Market will need some push from big tech to get going.

QQQ is still inside the range of its opening 15min bar (OR-15)

[ccash04]

Markets close early today? Seems like everything but smalls decided to stop moving.