06/05/2018 Live Update

[Cobra]

good signal bar, watch for possible h1 long.

[te_fern]

Yesterday morning it was longer time frame traders doing a little buying. Today it was the algo's keying off of the PMI release. No follow through, just hoping today is not another flat day. I have a nasty hole in the yard that I should go work on instead of wasting another day on this flat lining market.

Funny how following the markets minute by minute is way more interesting than doing house chores!!

[fehro]

hmmmm nATH COMPQ RUT.. and almost NDX

[Trades with cats]

It is Deja Vue all over again. Volume spike on the big red candle forming a small double top, just like yesterday. I need some 'nerve tonic' for my coffee!

[Cobra]

hmm, failed h1. now see where the range low is.

[fehro]

mind the possible "false break" cyan triangle.. seems to happen lately at "new" highs . fwiw..if not up to next trend

[MrMiyagi]

NASDAQ printed new all-time high, I doubt it gets higher without a pullback.

tech

[Trades with cats]

Tech run up based on their ability to cover executive compensation without increasing debt thanks to the tax code change. Just re-in-forces Ray Dalio calling 2019 trouble.

[fehro]

mind the possible "false break" cyan triangle.. seems to happen lately at "new" highs . fwiw..if not up to next trend

mind yGAP fill

[Cobra]

members only update at 11:13 am
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[fehro]

not good

[fehro]

mind the possible "false break" cyan triangle.. seems to happen lately at "new" highs . fwiw..if not up to next trend

dabble small short here 2750.45

almost at gap fill testing yLOD.. outside reversal daily at this rate

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[Cobra]

double bottom. I think the rebound this time will test ema20 at least.

[Wallstreetrader]

Italy alarms again varefull guys

[Trades with cats]

ES within a point of VWAP.

[Trades with cats]

VWAP just below the opening print. Clear target but momentum is in the ash bin and volume is falling off.

[Cobra]

normally there should be a higher low before the real rebound but now it looks like it might go directly to range high?

[Trades with cats]

momentum started building during the upswing, looks like a bid under the market. Yesterday's high next target if it holds together. Opening print is pretty strong resistance/support.

[fehro]

sideways..