06/27/2018 Live Update

[Trades with cats]

You can see the support at 2712 is real while the resistance at 2719 looks like an algo illusion.

[Trades with cats]

Chewed through 2712 and working on the support at 2710. next group of orders at 2708

[Trades with cats]

Sorry, I should say all are ES levels.

[fehro]

SPX <50d SMA now.. mind it for the close.. bulls may attempt to push it up.. if not look out below
/ES nears oLOD

[MrMiyagi]

NYMO at -41.45, #3 leg of "W" but I believe goes to -60.

CANCEL POWER HOUR

[Al_Dente]

HAPPY HOUR

[Al_Dente]

CANCEL POWER HOUR

on whose authority?
jk

[brokebybernacke2]

SPX fails to hold 50d SMA .. start to look for 200d SMA purple MA 2666ish .. not expecting support on this tag.. look for slice through to lower levels
SPX daily wedge break and retest

higher low tag around 2702 watching watching...could be a good bear trap there - hurrah hurrah economic numbers on tap.. wish i knew if priced in. quite frankly, if 2666 goes, my bet is early year top is in for some time, and we already in the bear...sure is weak and if you look at global financials, our trannies, chinese stock exchanges, defensive staples of late, are we just late to party?

here she comes...

[fehro]

SPX <50d SMA now.. mind it for the close.. bulls may attempt to push it up.. if not look out below
/ES nears oLOD

[Al_Dente]

Window Dressing ends friday
End-of-Quarter rebalancing ends friday
Tomorrow 6/28 WBA (our new dow stock) reports earnings before the open … and NKE reports after the close
Tomorrow 6/28 Jobless claims, GDP, PCE

[fehro]

SPX 50d 2717.. look for a close on it.. bulls want it need it

[brokebybernacke2]

SPX 50d 2717.. look for a close on it.. bulls want it need it

reversed right at 2702, if we get a close above 50, good shot for gap n go tomorrow.

[brokebybernacke2]

SPX 50d 2717.. look for a close on it.. bulls want it need it

reversed right at 2702, if we get a close above 50, good shot for gap n go tomorrow.

and if it don't

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[Cobra]

members only update at 3:53 pm
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[fehro]

SPX 50d 2717.. look for a close on it.. bulls want it need it

reversed right at 2702, if we get a close above 50, good shot for gap n go tomorrow.

and if it don't

200d just 34 points lower.. that's next .. ugly close

[Cobra]

well, guess that's it for today. Thursday tomorrow has been bear friendly recently. 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

[brokebybernacke2]

SPX 50d 2717.. look for a close on it.. bulls want it need it

reversed right at 2702, if we get a close above 50, good shot for gap n go tomorrow.

and if it don't

200d just 34 points lower.. that's next .. ugly close

kiss of death if she breaks...have a double bottom right here at 2698 for bull hopes.