02/21/2017 Live Update

[Cobra]

members only update at 10:58 am
http://www.cobrasmarketview.com/2017/02 ... ay-update/

[Trades with cats]

TF is the symbol for the Russel 2000 index based mini futures contracts. The mall Cap version of the ES. Same $50 per point but minimum move is 0.10 instead of E-mini 0.25 ($5 instead of $12.50). Same expirations. Difference is the exchange wants $80 a month for the data feed.

[johnnywa]

thankyou

[Trades with cats]

ES VWAP 2360. See if it bounces or not.

[BullBear52x]

Clockworks.

[Trades with cats]

About 15 minutes till London/Frankfort close.

[Al_Dente]

Divergence:
XIV (bottom panel), which shorts the two VIX futures contracts nearest to expiration, is not quite as exhuberant here as SPY
15min

[Al_Dente]

NY advancing stocks = 2.3 x declining stocks
NY advancing volume = 3.1 x declining volume

[BullBear52x]

Wow buy failed. bears turn from here.

[Trades with cats]

ES VWAP 2360.25 was like the door keeping the bears out. Thinking all the institutions must be running the same algos trying to get those sales in above VWAP at the same time. Now we have plenty of room to drift back up over the lunch hour.

[Cobra]

pullback too sharp, buy dip here might not a good idea.

[BullBear52x]

looks like gap and no go. there is a limit in the sky finally

[uempel]

Highly, highly hypothetical, but I'm closely watching the 1997/98 scenario:

Should SPX follow the 1997/98 pattern a 5% range suggests swings down to 2250 ...

In March 1998 SPX began to move sideways in a 5% range

[Al_Dente]

Note FNMA

[BullBear52x]

Note FNMA

Interest rate is going up 100% now.

[fehro]

SPX,NDX, INDU,VIX,TLT,DXY,GLD,USO, VXX all GREEN

[Al_Dente]

Note FNMA

Interest rate is going up 100% now.

it's a bad court ruling, news not TA on this one boss

[BullBear52x]

Note FNMA

Interest rate is going up 100% now.

it's a bad court ruling, news not TA on this one boss

Not that I will short it but it's on my watching.

[Al_Dente]

NY advancing stocks = 2.3 x declining stocks
NY advancing volume = 3.1 x declining volume

NY advancing stocks = 1.9 x declining stocks
NY advancing volume = 2.6 x declining volume

NY declining stocks = 0.5 x advancing stocks
NY declining volume = 0.4 x advancing volume

Bulls are weakening but bears have no balls yet

[Cobra]

this is ema20 gap long (if you don't know what is ema20 gap long, check "getting started" viewforum.php?f=3). not sure if it works or not, wait and see.