Back to www.cobrasmarketview.com

09/17/2018 Live Update

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

Re: 09/17/2018 Live Update

Post by Al_Dente »

Friday SKEW 151.59
Not extreme, but almost
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/17/2018 Live Update

Post by Al_Dente »

ITA
ATH
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/17/2018 Live Update

Post by Al_Dente »

New York State Comptroller’s report:
“…the average salary in New York City's securities industry in 2017 at $422,500…”
“…compensation last year reached its highest point since the financial crisis…"
https://www.cnbc.com/2018/09/17/wall-st ... finds.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58333
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/17/2018 Live Update

Post by Cobra »

no sure whether the current rebound is the lower high trend reversal. 50% chances, hmm, maybe 51% chances.
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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 09/17/2018 Live Update

Post by Trades with cats »

ES 12-18 (2000 Tick) 2018_09_17 (12_30_58 PM).png
Just pointing out that the VWAP and Mid lines have not been successfully crossed to the upside today. On paper that implies institutional selling.( brokers supposed to get them VWAP)But that may only be a Wall Street myth.
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 09/17/2018 Live Update

Post by brokebybernacke2 »

Bears...have chances...chicago bears, that is tonight, cover spread!
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/17/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
cheese2.png.png
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: 09/17/2018 Live Update

Post by Trades with cats »

ES back to Wednesday's mode better known as point of control. Quad witch coming up so bet the market gets locked into the New York banks tractor beam.
User avatar
Cobra
Site Admin
Posts: 58333
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/17/2018 Live Update

Post by Cobra »

didn't see this sell off coming. bulls tried twice to reverse the trend (green arrow), both failed, so now they gave up therefore bigger pullback. On the other hand, bears are surprised by the 3rd extra gains so might want to book profits before the close, so probably a rebound to close?
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.
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 09/17/2018 Live Update

Post by brokebybernacke2 »

brokebybernacke2 wrote:Bears...have chances...chicago bears, that is tonight, cover spread!

heads up FANGERS, weekly macd crossover on deck qqq with less than stellar rsi/mac d for months....
thread hangin market, see if another stick save in the cards..
Attachments
sc.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 09/17/2018 Live Update

Post by Trades with cats »

The Small Caps and the NASDAQ are both down over 1% on the day while the DOW about a third of a percent and the S&P about a half percent. Since it is supposedly trade talks inspired then the Asian session should be less than stellar this evening.
User avatar
Cobra
Site Admin
Posts: 58333
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/17/2018 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: 58333
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/17/2018 Live Update

Post by Cobra »

well, guess that's it for today. Tuesday tomorrow has been overwhelmingly bull 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. https://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