03/14/2016 Live Update

[Cobra]

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The pullback likely will be bought.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/03 ... ay-update/

[fehro]

SPX opening under 200d 2019.92 .. mind the morning gap - as per the weekend: SPX / VIX .. possibly a few ways to look at the patterns. SPX at near channel resistance.. in one case, but still bearish wedging up in another between a larger down channel.. VIX 60m..possible yellow triangle, orange bullish falling wedge, and invs H&S.. all based on holding in / near this range.

[fehro]

SPX mind Fri's gap.. 1989-1995 ish.. should we drift lower

[fehro]

SPX new LOD, VIX new HOD, and AAPL + FB spike up and green. VXX lags

[fehro]

SPX

[fehro]

/CL - USOIL cracks 4 week uptrend.. mind the creeping up 20d SMA 34.13 / RS pullback area 34.75ish

[daytradingES]

I do my roll-over on Monday
It takes 3 or 4 days for the est to "settled down"

So with a large grain of salt:
Levels 14-Mar
Breakout= 2030.25
BuyStop= 2012.25
Est High= 2008.25
Resistance= 2017.00
6pts<High= 2002.25
SABB= 2001.50
Est Mid = 1992.25
6pts>Low= 2000.50
Est Low= 1994.50
Support= 1983.00
SellStop= 1990.50
Breakdown= 1950.75
Est H-L dif= 13.75

edit :oops!

[fehro]

while DXY pushes up for 200d retest /gold weak

[daytradingES]

the RORR seems to be coming to an end (until the next RORR)

Cl is down

[Cobra]

members only update at 10:05 am
http://www.cobrasmarketview.com/2016/03 ... ay-update/

[fehro]

SPX d .. so nice when the trend lines line up...

[josephli]

I do my roll-over on Monday
It takes 3 or 4 days for the est to "settled down"

So with a large grain of salt:
Levels 14-Mar
Breakout= 2030.25
BuyStop= 2001.25
Est High= 1997.25
Resistance= 2017.00
6pts<High= 1991.25
SABB= 1989.00
Est Mid = 1992.25
6pts>Low= 1986.50
Est Low= 1980.50
Support= 1983.00
SellStop= 1976.50
Breakdown= 1950.75
Est H-L dif= 16.75

so the est. is based on march contract or june contract?

[daytradingES]

I do my roll-over on Monday
It takes 3 or 4 days for the est to "settled down"


edit -- big error --

Est H-L dif= 16.75

so the est. is based on march contract or june contract?

Hi Joe,

the above is wrong
These are for June ES:

Levels 14-Mar
Breakout= 2030.25
BuyStop= 2012.25
Est High= 2008.25
Resistance= 2017.00
6pts<High= 2002.25
SABB= 2001.50
Est Mid = 1992.25
6pts>Low= 2000.50
Est Low= 1994.50
Support= 1983.00
SellStop= 1990.50
Breakdown= 1950.75
Est H-L dif= 13.75

[josephli]

I do my roll-over on Monday
It takes 3 or 4 days for the est to "settled down"


edit -- big error --

Est H-L dif= 16.75

so the est. is based on march contract or june contract?

Hi Joe,

the above is wrong
These are for June ES:

Levels 14-Mar
Breakout= 2030.25
BuyStop= 2012.25
Est High= 2008.25
Resistance= 2017.00
6pts<High= 2002.25
SABB= 2001.50
Est Mid = 1992.25
6pts>Low= 2000.50
Est Low= 1994.50
Support= 1983.00
SellStop= 1990.50
Breakdown= 1950.75
Est H-L dif= 13.75

Thanks DTES.

[fehro]

SPX weak.. VIX pauses at resistance… AAPL, FB green

[daytradingES]

here is something from ZH
http://www.zerohedge.com/news/2016-03-1 ... rampant-he

"This follows our extended discussion of record storage not only in Cushing but PADD2 in general, as well as PADD3 and now, PADD1: it is now only a matter of time before US storage is "operationally full" and no more oil can be accepted for storage leading to a dramatic plunge in its price."

as TwC says, soon they'll be using swimming pools.

[K447]

here is something from ZH
http://www.zerohedge.com/news/2016-03-1 ... rampant-he

...

Bad link?

[Trades with cats]

daytrading, you give me too much credit. I just repeat news that re-enforces my personal bias. While my bias has been correct it has been of no value for short term trading. However if I have cast doubts on this being a durable bottom then I have been of help.

My bias comes from my wife's inherited natural gas wells. I am all too familiar with what fracking has done to that market.

[josephli]

stock buyback story:

http://www.bloomberg.com/news/articles/ ... rket-alive