04/02/2018 Live Update

[Al_Dente]

Most active at Fidelity are AMZN and TSLA
Both have more buy orders than sell orders … at the moment…

“Apple, Nike and 18 other U.S. companies have $158 billion at stake in China trade war”
https://eresearch.fidelity.com/eresearc ... S_SVC&sb=1

[Trades with cats]

Interesting that retail is buying the dip in Tesla.

Tesla publicity war. Negative over weekend, Elons joke twitter picture of bankrupt company. Not funny Elon.
Not thinking it through owner in Chicago demonstration how the people in California probably got killed by the autopilot. Not sure, but I think over all positive as it showed the driver had to ignore repeated warnings.
Positive today the leaked info that model 3 production is starting to turn the corner.

Biggest issue is the consensus opinion is to wait for the next bounce if you are not all ready short.

[Al_Dente]

Zuckerberg said: “It will take a few years to fix Facebook”
[blmbrg]

[Al_Dente]

quite a P-bar on IWM

Interesting that stockcharts erased the Pbar from the IWM daily
But it still shows on the 60m
(it was a spike up to about 158.95)

[te_fern]

TICKs are curling back down....

[Al_Dente]

3/30/18 Jesse Felder:
a long-term DeMark Sequential sell signal
a “spinning top” candlestick on the quarterly
= there is a good probability we are already in the midst of a major reversal at this point.
https://thefelderreport.com/2018/03/30/ ... nning-top/

[fehro]

200d goes.. then 2565.59 50w SMA … pretty sure 200d will be sliced effortlessly

ding ding 50w tagged 2565.00

[Al_Dente]

All the QQQ-100 TODAY sorted by biggest red
INTC the worst, down -8.37%

[Al_Dente]

AD still Grizzly
NYAD -1759

NYAD -1876

[fehro]

SPX some support here.. next big level Feb lows, and 2485 horizontal support daily…

[Cobra]

maybe a rebound here first, tinted area is the mini target, exceeds it then bulls have hopes, otherwise forget them.

[fehro]

/ES 15m fwiw… channel, and or yellow triangle fwiw

[Al_Dente]

AD still Grizzly
NYAD -1759

NYAD -1876

NYAD -1980

[Al_Dente]

VIX up +26%

[Cobra]

possible higher low, bulls may have chances.

[brokebybernacke2]

Selling Climax?

in middle of air pocket, need to test 2500 levels , pierce the 300ma, been a while, shake out around the green orange box intersection/bottom there. and should be a good buy there.

well that was fun!...major weekly support 50 at 2564, interesting close if above or below, bulls prayin for a monster bull flag formation here....otherwise, its bears for the takin...lower weekly bolly around 2540 area, next stop

[Al_Dente]

HAPPY HOUR

[Cobra]

text book target.

[Al_Dente]

“It’s tough to make predictions, especially about the future.” [Yogi Berra]

“The Dow Leads”
INDU is the first to reach the Feb low, at a POTENTIAL double bottom (anything is possible)
Both SPX and INDU are piercing their 200sma (black ma), which is dangerous
daily

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2018/04 ... ay-update/