Back to www.cobrasmarketview.com

   

08/23/2018 Live Update

08/23/2018 Live Update

Postby Cobra » Thu Aug 23, 2018 9:25 am

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

    Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
    Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
    Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
    I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.
=============================================================================================================================================================================

no idea up or down here. My guess is down day and range day, just a guess. The trade will not be based on guess obviously.
Attachments
ES60min.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: 41299
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/23/2018 Live Update

Postby Cobra » Thu Aug 23, 2018 9:30 am


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: 41299
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/23/2018 Live Update

Postby fehro » Thu Aug 23, 2018 9:41 am

VIX bonds green.. INDU lower low.. AAPL AMZN.. trying to keep us up… AAPL drops.. look out below.. H&S 30m/triangle
Attachments
Screen Shot 2018-08-23 at 6.40.05 AM.png
fehro
 
Posts: 22870
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/23/2018 Live Update

Postby te_fern » Thu Aug 23, 2018 9:47 am

Big board ticks plunged below its MA line this morning....
Attachments
Tick.PNG
te_fern
 
Posts: 2059
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/23/2018 Live Update

Postby te_fern » Thu Aug 23, 2018 9:49 am

Would like to see the SPX move above it's MA lines and this trend line......
Attachments
SPX.PNG
te_fern
 
Posts: 2059
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/23/2018 Live Update

Postby te_fern » Thu Aug 23, 2018 9:54 am

There we go...
Attachments
SPX.PNG
te_fern
 
Posts: 2059
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/23/2018 Live Update

Postby brokebybernacke2 » Thu Aug 23, 2018 9:58 am

vix lower bolly 10.4 with daily mac d crossover imminent.
buy dips till then
Attachments
sc.png
brokebybernacke2
 
Posts: 1352
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/23/2018 Live Update

Postby te_fern » Thu Aug 23, 2018 10:03 am

ST bull trap, let's see if the MA lines or VWAP can hold the pullback!! Almost pulled the trigger on a trade, glad I waited....
Attachments
SPX.PNG
te_fern
 
Posts: 2059
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/23/2018 Live Update

Postby Cobra » Thu Aug 23, 2018 10:05 am


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: 41299
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/23/2018 Live Update

Postby te_fern » Thu Aug 23, 2018 10:10 am

The equal weight has been struggling the last day and 1/2.....
Attachments
RSP.PNG
te_fern
 
Posts: 2059
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/23/2018 Live Update

Postby Trades with cats » Thu Aug 23, 2018 10:59 am

ES 09-18 (2000 Tick) 2018_08_23 (8_56_44 AM).png

Looking like a potential trend change. Really needs to bounce soon.
Trades with cats
 
Posts: 6390
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/23/2018 Live Update

Postby brokebybernacke2 » Thu Aug 23, 2018 11:15 am

Trades with cats wrote:
ES 09-18 (2000 Tick) 2018_08_23 (8_56_44 AM).png

Looking like a potential trend change. Really needs to bounce soon.

nope , jackson hole pullback on deck. 2850 expect, then 2840 ish for the dip opp. assuming powell plays nice..this bull run forever :lol:
brokebybernacke2
 
Posts: 1352
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/23/2018 Live Update

Postby Cobra » Thu Aug 23, 2018 11:21 am

widest red bar and yesterday's low as support, so could be a rebound here first,then we'll see range day or trend day. The morning up and down were typical vacuum.
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: 41299
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/23/2018 Live Update

Postby fehro » Thu Aug 23, 2018 11:23 am

fehro wrote:VIX bonds green.. INDU lower low.. AAPL AMZN.. trying to keep us up… AAPL drops.. look out below.. H&S 30m/triangle
fehro wrote:VIX bonds green.. INDU lower low.. AAPL AMZN.. trying to keep us up… AAPL drops.. look out below.. H&S 30m/triangle



mind SPX 20d SMa .. possible target on more weakness.. VIXes spiking
Attachments
Screen Shot 2018-08-23 at 8.22.15 AM.png
fehro
 
Posts: 22870
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/23/2018 Live Update

Postby Trades with cats » Thu Aug 23, 2018 11:40 am

ES 09-18 (2000 Tick) 2018_08_23 (9_37_43 AM).png

If this is a double bottom need to see the trend line broken.
Trades with cats
 
Posts: 6390
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/23/2018 Live Update

Postby Cobra » Thu Aug 23, 2018 12:11 pm


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: 41299
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/23/2018 Live Update

Postby brokebybernacke2 » Thu Aug 23, 2018 12:52 pm

think bounce back to 2861 ish level, good short st from there to hit 2840s
brokebybernacke2
 
Posts: 1352
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/23/2018 Live Update

Postby Trades with cats » Thu Aug 23, 2018 1:00 pm

ES 09-18 (2000 Tick) 2018_08_23 (10_54_31 AM).png

Nice wick on the high bar to kiss ES 2861.50, the VWAP line then fades back to the lower trend line. Text book.
Very nervous about going short here. Since Euro zone close volume went away it is a dull market. With the big speech on deck for tomorrow would think that would put longer time frame traders on a short leash.
Trades with cats
 
Posts: 6390
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/23/2018 Live Update

Postby Trades with cats » Thu Aug 23, 2018 1:42 pm

ES 2858 which has been an important level today is of course the 4:15 close daily pivot point. :o
Trades with cats
 
Posts: 6390
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/23/2018 Live Update

Postby Clueless » Thu Aug 23, 2018 1:49 pm

Trades with cats wrote:
ES 09-18 (2000 Tick) 2018_08_23 (10_54_31 AM).png

Nice wick on the high bar to kiss ES 2861.50, the VWAP line then fades back to the lower trend line. Text book.
Very nervous about going short here. Since Euro zone close volume went away it is a dull market. With the big speech on deck for tomorrow would think that would put longer time frame traders on a short leash.


You should short the market going into tomorrow and all of next week. I believe serious dumping will take place.
Powell doesn't want this market to go up. He will do everything possible to talk the market down tomorrow. He knows he cannot leave office before a bear market takes place. So there is no reason for him to talk the market up. It is not in his best interest. This is a perfect opportunity for him with all the chaos taking as it relates to Trump's legal issues and trade wars. It means Powell can do anything and get away with it because the blame will not be on him but on the White House. Also, I believe Powell is unhappy with the fact that Trump has been attacking him, so he might just stick it to the president.
Another thing I've noticed is that there is a passive aggressive infighting taking place between Powell and Kudlow/Mnuchin. Powell is trying very hard to talk the market down but Kudlow and Mnuchin are doing the opposite. At every sign of weakness they rush to the cameras. I don't know why they are so afraid.
Clueless
 
Posts: 43
Joined: Tue Sep 20, 2016 1:46 pm

Next

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot] and 23 guests

cron