11/29/2016 Live Update

[Cobra]

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.

========================================================================================================================================================================

probably the current support won't hold, the next support is the long blue line below. overall, it's just a pullback, doesn't look like the end of the world.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/11 ... ay-update/

[fehro]

SPX as per yesterday… SPX <2200 looking for previous highs retest 2193ish.. mind the morning gap, and yesterday's higher open gap.

[BullBear52x]

/ES PIVOT 2198.

start the day on a northbound train today. let see.

[fehro]

SPX mind the VIX invs sloppy H&S she breaks 13.50.. a whole lot of pain coming index wise

[BullBear52x]

bulls got no juice today, out and wait for sell setup.

[BullBear52x]

Positive D. but I am not buying this one.

[Al_Dente]

NY declining stocks = 1.2 x advancing stocks
NY declining volume = 2 x advancing volume

[johnnywa]

Need to see oil deal Wed to see stock direction

[te_fern]

Levered sectors performance so far this morning.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2016/11 ... ay-update/

[fehro]

SPX as per yesterday… SPX <2200 looking for previous highs retest 2193ish.. mind the morning gap, and yesterday's higher open gap.

SPX 1st hourly not pretty… but VIX stalls at resistance.. as SPX holds 2200 level.

[fehro]

AAPL 15m.. bad cop.. as FB good cop green an near HOD trying to hold NDX up with bios

[champix]

GM,
BP are down today (BPINDU and BPENERGY down big). Maybe a consolidation is in the card.
http://stockcharts.com/freecharts/candl ... BPENER|C|0 (credit master : uempel)
To keep in mind :
Wedneday : OPEC meeting
Friday : NFPs
Week-end : important vote in Italy (MIB is down 20% YTD and italian banks nearly 50%).

[Cobra]

maybe the low was in.

[KENA]

Liquidity fell a hair yesterday but let see what happens.

chart by stocktiming

[KENA]

It looks like the mkt could be turning dn for a bit. Lets see

chart by stocktiming

--%20opt.jpg (99.46 KiB) Viewed 11125 times

[Al_Dente]

Dana Lyons warns of a divergence: “the lack… of a new high in the NYSE Advance-Decline Line.”
http://jlfmi.tumblr.com/post/1538055270 ... a-big-deal

However if you use !ADLINENYC which is the AD line for all NYSE COMMON STOCKS ONLY, there is confirmation, not divergence.
!ADLINENYC eliminates the preferred stocks and bond-related ETFs and other issues on the NYSE that are not common stocks, and may offer a better picture of the AD.

[champix]

ES 2202.50 is my line in the sand; Above, bulls are back, again !

[Al_Dente]

NY declining stocks = 1.2 x advancing stocks
NY declining volume = 2 x advancing volume

NY declining stocks = 0.82 x advancing stocks
NY declining volume = 1.12 x advancing volume
Bear advantage disappeared… for now...