05/22/2018 Live Update

[1der]

So, are all open pbars been hit (at least ones close by)??

Nearest:
Above open is 281.61 (Visibl on Daily and Weekly below)
Below open 271.93, 269.70, 266.93, 266.45 (Many more further down as seen on Daily and weekly)
(Note blue lines hit today have not yet been changed to Orange)

2 Hr Chart

Daily Chart

Big Picture Chart

[te_fern]

So, are all open pbars been hit (at least ones close by)??

Nearest:
Above open is 281.61 (Visibl on Daily and Weekly below)
Below open 271.93, 269.70, 266.93, 266.45 (Many more further down as seen on Daily and weekly)
(Note blue lines hit today have not yet been changed to Orange)

2 Hr Chart

SPY Pbar 2hr 052218.jpg

Daily Chart

SPY Daily PBar 052218.jpg

Big Picture Chart

SPY Big Picture 052218.jpg

Thanks!!

[Cobra]

not sure if this is the range low for today.

[fehro]

SPX morning gap still open Qs and IWM filled morning gaps

[te_fern]

VIX near 8 day lows....

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2018/05 ... ay-update/

[Al_Dente]

[few minutes late]
NY advancing stocks = 1.3 x declining stocks
NY advancing volume = 2.0 x declining volume

Plenty of green volume (2-to-1) moving into just a handful of stocks (1.3-to-1)
Selective rally

What’s hot today in the OEX-100: financials

[Cobra]

probably targeting the range low.

[Al_Dente]

Added transports (brown) to the Last-Five-Days-Performance chart
hmmm..…quite a difference…
(financials are the solid red line)

[fehro]

SPX resistance.. and open gap.. key time..

nibble tiny short 2741.50

try's to fill gap.. takes out yLOD and fills yGAP = outside engulfing candle.. buckle up VIX pops

similar pattern to yesterday.. but smaller .. mind the mooring open gap.. still open.. yLOD

[Cobra]

maybe rebound to range high now.

[100sma]

Hi Cobra,
Is this the seasonality that the market is so low volatility?
Look at the ATR, ADR, candle size... whatever.. So boring.

[fehro]

tries.. but weak.. IWM RUT near LOD near yLOD near yGAP.. VIXes holding up.. mind the downside.. /CL is weak.. oil dumps, market dumps

[fehro]

tries.. but weak.. IWM RUT near LOD near yLOD near yGAP.. VIXes holding up.. mind the downside.. /CL is weak.. oil dumps, market dumps

mind that yLOD on IWM.. not pretty.. bearish engulfing.. closes lower

[Trades with cats]

2000 tick ES chart I have 5 bounces off of yesterdays close so fare, 2 within a quarter point two dead on and one exceeding by a half point. I would like to go short for the next try but this action is so weak I think it may never get through that area, instead just flat line at VWAP into the close, again.

[Trades with cats]

I will say yesterdays triangle resolved well but only for the night traders. Today we clearly have a wedge which could resolve in time for the Hong Kong traders to take advantage.

[Cobra]

for now still is in range but better no more drop.

[fehro]

SPX resistance.. and open gap.. key time..

nibble tiny short 2741.50

try's to fill gap.. takes out yLOD and fills yGAP = outside engulfing candle.. buckle up VIX pops

similar pattern to yesterday.. but smaller .. mind the mooring open gap.. still open.. yLOD

ding ding gap filled… mind yLOD yGAP

[Trades with cats]

6th time was the charm now probing for the overnight low. Better stop there, yesterday's low is 6 points below that, and that would be an ugly daily candle for the bulls.

[Al_Dente]

HAPPY HOUR, when the chickens come home to roost
https://www.youtube.com/watch?v=KQujUmfFc4w