Back to www.cobrasmarketview.com

06/06/2018 Live Update

te_fern
Posts: 4017
Joined: Tue Nov 24, 2015 3:35 pm

Re: 06/06/2018 Live Update

Post by te_fern »

VIX doesn't seem to be going crazy....
Attachments
VIX.PNG
This is not investment or trade advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/06/2018 Live Update

Post by Trades with cats »

Got stopped an hour ago at the opening print and here we are pausing again.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/06/2018 Live Update

Post by fehro »

/ES
Attachments
Screen Shot 2018-06-06 at 8.12.29 AM.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/06/2018 Live Update

Post by Trades with cats »

Looking like the old lower low lower high is a possibility.
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 06/06/2018 Live Update

Post by Wallstreetrader »

easy call :D
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/06/2018 Live Update

Post by Trades with cats »

60 minute opening range now exceeded in both directions. Overnight high is ES 2758. Reasonable target to the upside is 2760
User avatar
Junior Buffett
Posts: 1089
Joined: Mon Apr 15, 2013 4:39 pm

Re: 06/06/2018 Live Update

Post by Junior Buffett »

It is very surprising how media is manipulating minds of people...just less than a week ago there was big fear of Spain, trade tariffs and what not and fast forward today, everything is calm and smooth...no hush on any media outlet...till G7 finish their nice wine and dinner!
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/06/2018 Live Update

Post by Trades with cats »

Several university research projects in the recent past have proven people who watch cable news are less informed. I assume the same applies to cable financial news. ;)
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/06/2018 Live Update

Post by Cobra »

I was on the road missed the double bottom, too bad.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
K447
Posts: 763
Joined: Fri Aug 26, 2011 10:43 am
Contact:

Re: 06/06/2018 Live Update

Post by K447 »

Junior Buffett wrote:...no hush on any media outlet...
No hush?
MarkT
Posts: 1
Joined: Wed Jun 06, 2018 11:36 am

Re: 06/06/2018 Live Update

Post by MarkT »

fehro wrote:slipping.. to support.. could break.. not sure .. look to gap fill on the /ES mind SPX's gaps
Do gaps always get filled? anyone know the percentage? Thanks.
User avatar
Junior Buffett
Posts: 1089
Joined: Mon Apr 15, 2013 4:39 pm

Re: 06/06/2018 Live Update

Post by Junior Buffett »

K447 wrote:
Junior Buffett wrote:...no hush on any media outlet...
No hush?

hush I meant...not "no hush"
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 06/06/2018 Live Update

Post by Wallstreetrader »

2800 here we go :ugeek:
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 06/06/2018 Live Update

Post by brokebybernacke2 »

Wallstreetrader wrote:2800 here we go :ugeek:
yep!
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/06/2018 Live Update

Post by Trades with cats »

Elliot Wave (Pretzel Logic) new line in the sand SPX 2825 ish. So his view 2800 does not get bulls out of danger.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/06/2018 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/06/2018 Live Update

Post by Trades with cats »

from Alistair on Twitter
from Alistair on Twitter
Can you spell divergence? :D
te_fern
Posts: 4017
Joined: Tue Nov 24, 2015 3:35 pm

Re: 06/06/2018 Live Update

Post by te_fern »

TICKs are going sideways....
Attachments
Tick.PNG
This is not investment or trade advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/06/2018 Live Update

Post by Al_Dente »

NY advancing stocks = 1.1 x declining stocks
NY advancing volume = 1.6 x declining volume
After 2+ hours, AD still isn’t robust enough to support a +200point up day
Volume is moving into a handful of stocks = narrow-based rally
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/06/2018 Live Update

Post by fehro »

bull trap? .. SPX dangerous here.. if she stalls. nibble short for long term swing
Attachments
Screen Shot 2018-06-06 at 9.22.06 AM.png
Post Reply