04/19/2018 Live Update

[Cobra]

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generally the pullback would be bought.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/04 ... ay-update/

[fehro]

SPX mind Mon's gap today's GAP SPX <20w SMA 2709 .. look to 20d/50d retest if Mon gap gets filled

[fehro]

SPX mind Mon's gap today's GAP SPX <20w SMA 2709 .. look to 20d/50d retest if Mon gap gets filled

[fehro]

mind H&S on /ES 5m IF we RS here minor bounce.. the low here / neckline .. goes.. look to -26 points from here..

[fehro]

mind H&S on /ES 5m IF we RS here minor bounce.. the low here / neckline .. goes.. look to -26 points from here..

maybe -30

[fehro]

SPX mind Mon's gap today's GAP SPX <20w SMA 2709 .. look to 20d/50d retest if Mon gap gets filled

**meant TUES if Tuesday's go then Mon next

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2018/04 ... ay-update/

[Al_Dente]

AAPL
Island reversal gap

[Al_Dente]

smalls
2 days, 2min
H&S target met

[fehro]

mind H&S on /ES 5m IF we RS here minor bounce.. the low here / neckline .. goes.. look to -26 points from here..

maybe -30

/ES at RS.. SPY at near resistance.. it stalls… and fails to fill morning gap.. look to LOD it goes.. look to Tues gap fill SPX 2675ish

[Al_Dente]

10yr yield very near high
near "knock three times"
daily
(not shown here: XLF HOD)

[fehro]

SPY at 20w SMA key for tomorrow close.. struggles here

[te_fern]

The TICKs are not in sync, the Qs are doing much better than the big board...

[ccash04]

Semis are getting crushed.

[Cobra]

assume range high and low.

[fehro]

SPX mind Mon's gap today's GAP SPX <20w SMA 2709 .. look to 20d/50d retest if Mon gap gets filled

SPX almost at 50d.. just 4 more points lower those dailies.. getting uglier .. shooting stars.. doji tops.. etc.. but need to loose SMAs

[te_fern]

Watching this support line....

[Daniel]

This is a wierd day sector-wise. Abnormal correlations.

As ccash04 noted earlier, semis are getting crushed. And this was the Opening Report from Briefing.com:

"Most S&P sectors are in the red, with consumer staples (-2.5%) pacing the retreat. Within the group Dow component Procter & Gamble (PG 74.87, -2.61) is down 3.4% despite reporting above-consensus Q1 earnings, and tobacco giant Philip Morris (PM 87.49, -13.67) has plunged 13.6% after missing Q1 revenue estimates."

Odd pairing, the aggressive semis and the 'defensive' staples sector.

[Al_Dente]

AD: plenty of stocks down, but selling volume is weak