Back to www.cobrasmarketview.com

06/07/2018 Live Update

User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/07/2018 Live Update

Post by Al_Dente »

Trades with cats wrote:Thank you pasta Boss, that explains why things are moving on what should have been a quiet day.
:D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/07/2018 Live Update

Post by Trades with cats »

ES got to VWAP and the overnight low and decided to take a break. Could easily flat line here if the funds are done raising cash so they can hold on to their beloved treasury shorts. ;)
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/07/2018 Live Update

Post by fehro »

sloppy H&S SPY 2 days 5m .. LOD goes target is -$2.12 fwiw same on IWM
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/07/2018 Live Update

Post by Trades with cats »

getting close to re-entering the empty part of the volume profile. Could get triple bottom for the close.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/07/2018 Live Update

Post by Al_Dente »

Al_Dente wrote:
Al_Dente wrote:whoa
big spike up TLT (down TNX)
few minutes ago
zh calls it a "flash crash"
https://www.zerohedge.com/news/2018-06- ... to+zero%29
Odd thing was that the “flash crash” (down TNX, up TLT) corresponded almost exactly with a quick $VIX spike
Does this mean that the options traders ($VIX) are keeping an eagle eye on yield (TNX) ?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/07/2018 Live Update

Post by Trades with cats »

How about the Funds have programmed in correlation trades and they felt the disturbance in the "force".
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/07/2018 Live Update

Post by Al_Dente »

Here’s my prob:
QQQ can’t fly solo; it needs the help of its hot sub-sectors: the fangs+ (pink) or the nasdaq biotechs (orange), or semiconductors (gray)
All broke to lower lows today
5min
67qqq.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/07/2018 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.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/07/2018 Live Update

Post by Cobra »

well, guess that's it for today. Friday tomorrow has been mixed. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp
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.
Post Reply