03/28/2018 Live Update

[Cobra]

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bear flag?

[Cobra]

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

[fehro]

/ES fwiw…

for those of you who "think" we can't go down hard… not to say we "will" drop VERY hard.. but "IF" we do… are you ready? ……...Yes I know… ZH.. but look at those 3 previous charts…

https://www.zerohedge.com/news/2018-03- ... 0-continue

[fehro]

/ES fwiw…

for those of you who "think" we can't go down hard… not to say we "will" drop VERY hard.. but "IF" we do… are you ready? ……...Yes I know… ZH.. but look at those 3 previous charts…

https://www.zerohedge.com/news/2018-03- ... 0-continue

mind the USDollar pushing up again… all assets.. "could" get hit this time… oil, gold, equities, … all down.. then could suck bonds in as well.. all assets could get hit

[fehro]

mind Mon SPX open gap.. yLOD, and Monday's gap LOD goes.. look to 2532.69 FEB lows.. that goes.. open gap at 2475-60 .. then overall target mid channel.. looking for 2450 .. . that's 80 points lower.. fwiw

[victorm]

that's what they do to scary you (( : up and up from here...

[K447]

that's what they do to scary you (( : up and up from here...

Evidences for this forecast?

[Trades with cats]

Alistair Williamson at Stock Boartd Assets is pointing out that a failure to hold the 200 day moving average will unlock a new (and large) tranche of selling.

That would be a reasonable mechanism for a big drop down.

[ccash04]

My rally cap is firmly on.

[Trades with cats]

5 minute ES overnight view

The overnight view. Volume profile looks rather chunky to me. Supposed to mean there is no clear price, indecisive market capable of sudden moves up and down the price range. Volume is over 3.5 times prior times normal, also very high on a 20 day look back.

[Trades with cats]

Zerohedge says Amazon is now down 6% in two days as the FANG Man plus Tesla continue to tech wreck.

[victorm]

that's what they do to scary you (( : up and up from here...

Evidences for this forecast?

bs all technicals, they are reading those and creating evidences to screw you up ...

[Daniel]

IYT hod, $SOX hod

[te_fern]

Will the bears win again today? Need to break this mornings triple top....

[Cobra]

members only update at 10:02 am
http://www.cobrasmarketview.com/2018/03 ... ay-update/

[Daniel]

Now all the majors are at a daily high.

[fehro]

SPX 5m fwiw mind the gap -- sideways all day? yellow little triangle

[1der]

fwiw: SPY 265.13 PBar
from 4:15pm yesterday.
Shows on Interactive Brokers Chart

[Al_Dente]

Since 2009, there have been five similar selloffs. The average correction lasted 200 days and lopped 14 percent from the S&P 500 [today -14% off the high would be about 246 SPY or 2470 SPX].
"If this one ended this week -- an unlikely prospect -- it would be the second shortest -- and second shallowest -- of them all.
“…it’s unrealistic to expect a market recovery to involve a straight line back up.”
Nice chart here:
https://www.bloomberg.com//news/article ... tions-past

[Trades with cats]

That overnight high was an hour before the New York open (as usual) and on my one minute equivalent tick chart (current setting 3,000 ticks per bar) it was a gravestone doji . So I don't think the market will just slice through it.