Back to www.cobrasmarketview.com

06/07/2018 Live Update

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

Re: 06/07/2018 Live Update

Post by Trades with cats »

June Contract
June Contract
Tough day for trend following. Yesterday's supports sure trigger today's volume spikes.
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 06/07/2018 Live Update

Post by Wallstreetrader »

OUT :mrgreen: mARIO IS ON FIRE AGAIN I DON'T WANG GET FISHED

Italy it has an HS in hourly almost completd, anyone could confirm ?
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/07/2018 Live Update

Post by fehro »

QQQs 3-4 days 5m H&S LOD goes H&S target is $-2.00 down
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/07/2018 Live Update

Post by Trades with cats »

Yogi Bear gets lunch!
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 06/07/2018 Live Update

Post by Wallstreetrader »

mayday we going down !!! :mrgreen: :lol:
Last edited by Wallstreetrader on Thu Jun 07, 2018 1:19 pm, edited 1 time in total.
User avatar
MrMiyagi
Posts: 10328
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

MrMiyagi wrote:SPY Intraday Double-Bottom or bust!! QQQ Triple-Bottom!!
BUST!!! KICK TO THE GONADS!!

Kinda expected, NYMO hit +40 today.
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 400% of 20 day volume bars now. Clearly a very significant level to many. IF bulls give up fehro will get his sudden drop, that is pretty clear.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/07/2018 Live Update

Post by Al_Dente »

whoa
big spike up TLT (down TNX)
few minutes ago
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: 06/07/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:
fehro wrote:
fehro wrote:
fehro wrote:SPX .. nibble short on /NDX weakness
outside reversal NDX .. FB smacked
gap filled SPX

weak bounce LOD goes again.. then green red key.. pink H&S
buckle up .. SPX 2764 goes.. looking for a very sharp drop
;)
Attachments
Screen Shot 2018-06-07 at 10.39.21 AM.png
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/07/2018 Live Update

Post by Al_Dente »

options traders (VIX) favor bear spy, intraday
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: 06/07/2018 Live Update

Post by fehro »

covered some shorts at green line.. weak bounce.. another H&S .. RS .. next trip down -20points.. weekly candle would be toppy at that level

2nd Pink H&S target is top of gap 2740 = gravestone weekly SPX
Attachments
Screen Shot 2018-06-07 at 10.50.02 AM.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 06/07/2018 Live Update

Post by Trades with cats »

Traders running the show, that bounce was at the 50% retrace level (play spooky music), yet another magic number.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/07/2018 Live Update

Post by fehro »

fehro wrote:covered some shorts at green line.. weak bounce.. another H&S .. RS .. next trip down -20points.. weekly candle would be toppy at that level

2nd Pink H&S target is top of gap 2740 = gravestone weekly SPX

buckle up we could speed up down VIXES at HOD VIX at 20d sMA
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/07/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:covered some shorts at green line.. weak bounce.. another H&S .. RS .. next trip down -20points.. weekly candle would be toppy at that level

2nd Pink H&S target is top of gap 2740 = gravestone weekly SPX

buckle up we could speed up down VIXES at HOD VIX at 20d sMA
Attachments
Screen Shot 2018-06-07 at 11.08.11 AM.png
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 06/07/2018 Live Update

Post by Wallstreetrader »

;)
Last edited by Wallstreetrader on Thu Jun 07, 2018 2:29 pm, edited 1 time in total.
User avatar
Cobra
Site Admin
Posts: 58497
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/07/2018 Live Update

Post by Cobra »

I'm not sure if it's a double bottom here but bulls are gaining some strength now.
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.
User avatar
Cobra
Site Admin
Posts: 58497
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/07/2018 Live Update

Post by Cobra »

double bottom text book target.
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.
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: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
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 »

Thank you pasta Boss, that explains why things are moving on what should have been a quiet day.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/07/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Post Reply