Back to www.cobrasmarketview.com

04/17/2017 Live Update

User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

04/17/2017 Live Update

Post by 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.
========================================================================================================================================================================

Rebound on testing the March lows, no idea how far it can go.
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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/17/2017 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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/17/2017 Live Update

Post by Trades with cats »

DX 06-17 (15 Min)  4_17_2017.jpg
DXY Dollar index futures
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/17/2017 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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/17/2017 Live Update

Post by Trades with cats »

ES RTH 20 day average range
ES RTH 20 day average range
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/17/2017 Live Update

Post by Trades with cats »

DXY fallen through 100. Not to the recent Trump low yet.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/17/2017 Live Update

Post by Cobra »

I believe it's Fib 61.8% mm. although after it there might be another leg up.
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.
WindWalker
Posts: 19
Joined: Thu Aug 04, 2016 1:54 pm

Re: 04/17/2017 Live Update

Post by WindWalker »

will bull stop here?! 20hr EMA and also on the daily chart looks like a breakdown of 50EMA and back test today.
2017-04-17-FLEXIBLE_GRID.png
2017-04-17-FLEXIBLE_GRID2.png
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/17/2017 Live Update

Post by Cobra »

mini pullback target.
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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/17/2017 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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/17/2017 Live Update

Post by Cobra »

3rd leg up didn't make new day high, not good. now let's see if bears can make double top here.
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: 04/17/2017 Live Update

Post by Trades with cats »

Knock three times!
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/17/2017 Live Update

Post by Cobra »

ascending triangle, breakout more likely.
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
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 04/17/2017 Live Update

Post by BullBear52x »

Nice footing but no harm to the bears.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/17/2017 Live Update

Post by Trades with cats »

ES Average Daily Range forecasted high- Globex session 2343 RTH 2346. Either way this is the tail end of this move that really got going a couple of hours before the RTH market opened (7:30 ish AM) and has already put in three clear moves up before getting stuck on resistance two hours ago. My concern is all the up was while the dollar was dropping and all the wedging has been happening during a dollar bounce.
Eddie
Posts: 154
Joined: Thu Oct 16, 2014 3:21 pm

Re: 04/17/2017 Live Update

Post by Eddie »

Cumulative TICK has been trending lower since about 11:30 while price has traded sideways to higher. Not giving me a lot of confidence to get long. Maybe we trade down to VWAP at ES 2335.25 at some point. First test of that level should be a decent quickie at the least.
Eddie
Posts: 154
Joined: Thu Oct 16, 2014 3:21 pm

Re: 04/17/2017 Live Update

Post by Eddie »

Gotta break through ES EMA 20 on 5 min first though. That level has held all day.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/17/2017 Live Update

Post by Trades with cats »

Confidence Builder, I have a long signal on ES that is going nowhere and a short signal on the TF that is going nowhere. Somebody is going to be wrong!
Eddie
Posts: 154
Joined: Thu Oct 16, 2014 3:21 pm

Re: 04/17/2017 Live Update

Post by Eddie »

Trades with cats wrote:Confidence Builder, I have a long signal on ES that is going nowhere and a short signal on the TF that is going nowhere. Somebody is going to be wrong!
Maybe Cobra's ascending triangle breakout wins out.....
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/17/2017 Live Update

Post by Cobra »

still breakout more likely.
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