06/14/2018 Live Update

[Cobra]

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it's the 2nd test of the previous high so must be up and up until decisive new high. Before the decisive new high, any sharp pullback might men the top was in. key time. The rebound so far looks strong though.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/06 ... ay-update/

[fehro]

Mind SPX open gap, possible H&S

[fehro]

Careful on gold/oil… DXY key level.. short term H&S daily.. long term 52 week invs H&S neckline 94.85.. over it USdollar could explode up 7.7% to 102.. nuts I know…
It has potential for a face ripping up rally. be careful.. /GC stalls once again at 200d/50w .. bear flag daily /GC
on "news"…. fill in blank.. DB, Italy, Spain, etc…

[Junior Buffett]

Cobra,

When we open the page there are advertise video start playing at the top of page.

How can we stop? it's very annoying.

Thanks

[Trades with cats]

Once again those trading the thin Euro time zone have had a really good day. Hard to beat a 20 point up trend day. Given the North American open I am guessing they hang it up early and head to a pub for a pint or what ever the German equivalent is. Cheers!

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[Cobra]

it's morning hourly filled black bar. the implication is on the top right of the chart itself.

[fehro]

NDX COMPQ nATH

[fehro]

mind the gap

[te_fern]

Big Board Ticks heading south, the Q's were strong first thing, now rolling over, non good for the bulls right now...

[Trades with cats]

So much for yet another attempt at a new high. Done with central bank chatter until this evening when we hear from BoJ

I'm just a poor boy, I need no sympathy
Because I'm easy come, easy go
A little high, little low
Anyway the wind blows, doesn't really matter to me, to me

[fehro]

Mind SPX open gap, possible H&S

almost gap fill , neckline.. IWM RUT weak at yLOD

[Cobra]

ASSUME the rebound would go all the way to the day high therefore divide the range by 4 so that we know where the buy and sell zones are.

[Al_Dente]

banks are holding SPX back

[Cobra]

members only update at 12:13 pm
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[Al_Dente]

IWM monster squeeze off a two-day double bottom
Angle is too steep
Should relax soon

[Al_Dente]

Rate hike yesterday
Hold onto your hats
TNX will shoot up
NOT

[Trades with cats]

What were the odds of yesterday's hike, something like 96%, so Fed decision was close to fully priced.

[Al_Dente]

IWM monster squeeze off a two-day double bottom
Angle is too steep
Should relax soon

IWM modus operandi:
Violent shorting (like 10-11:00)
Then violent short-covering (like 11-12:00)
Then eases off (like now)
Now in a box. Couldn’t break above. Box rules say it “should” re-test that double bottom