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04/18/2017 Live Update

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Cobra
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04/18/2017 Live Update

Post by Cobra »

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my guess is the pullback will be bought somewhere before reaching the horizontal blue line below as the push down recently was zigzag not straight down, didn't like a typical bear, more likely it's just a range.
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Cobra
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Re: 04/18/2017 Live Update

Post by Cobra »


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Trades with cats
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Re: 04/18/2017 Live Update

Post by Trades with cats »

ES estimated daily range from RTH
ES estimated daily range from RTH
fehro
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Re: 04/18/2017 Live Update

Post by fehro »

NDX >20d/50d .. CompQ nears 20d SMA ... mind the 20d/50d on all indexes
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Cobra
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Re: 04/18/2017 Live Update

Post by Cobra »


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Cobra
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Re: 04/18/2017 Live Update

Post by Cobra »

morning hourly hollow red.
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superxy
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Re: 04/18/2017 Live Update

Post by superxy »

Cobra wrote:morning hourly hollow red.
hopefully this time works


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K447
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Re: 04/18/2017 Live Update

Post by K447 »

superxy wrote:...


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Minor tip: There is a setting to turn that signature thing off.
fehro
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Re: 04/18/2017 Live Update

Post by fehro »

Put/Call nears extremes again.. boat is leaning to too many *bulls.. fwiw :roll: :lol:
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Re: 04/18/2017 Live Update

Post by Trades with cats »

Failure to climb over VWAP at ES 2340 put a less that positive end to the London/Frankfurt trading day and leaves us to wonder if the standard pattern will happen. That is a low between now and noon followed by a lunch hour rally ending around 2. A bounce off the day's low would be a good start.
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Re: 04/18/2017 Live Update

Post by Trades with cats »

Don't know if it will hold but that ES Globex overnight low at 34.50 was clearly on some algo's radar. :)
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Al_Dente
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Re: 04/18/2017 Live Update

Post by Al_Dente »

NOT INTRADAY
Things will be fine as soon as the moving averages on the AD cross back up, like they eventually do.
[AD line is invisible, blue=10ma on the AD, red=25ma on the AD, index prices are faded behind].
Glance at the volume: if we’re going deeper into the bear hole, we’ll need to see bigger red volume bars. Instead we are currently seeing smaller red volume bars.
[AD and its MAs are as of yesterday’s close]
418ad.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 04/18/2017 Live Update

Post by Cobra »


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Re: 04/18/2017 Live Update

Post by Trades with cats »

On paper about 4 more points to drop as ADR low is at ES 2326. I have seen that we can overshoot but for the most part it seems to be a pretty reliable estimator of the bottom on a down day. having yesterday's low 2 points above the ADR Low is frosting on the cake for a bounce. VWAP chart the price is riding the two standard deviation level which is a pretty good pace. Usually just see that for up moves :D
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Re: 04/18/2017 Live Update

Post by Trades with cats »

ES riding the 2 std dev line from VWAP
ES riding the 2 std dev line from VWAP
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BullBear52x
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Re: 04/18/2017 Live Update

Post by BullBear52x »

Bulls need HL, this is it if it meant to be.
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Cobra
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Re: 04/18/2017 Live Update

Post by Cobra »

bear flag?
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Denali92
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Re: 04/18/2017 Live Update

Post by Denali92 »

Just a follow up to last Thursday's post - once again the market is having a few twists that are a bit unexpected based on history.

http://www.cobrasmarketview.com/2017/04 ... ay-update/

Have a good one,

-D
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BullBear52x
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Re: 04/18/2017 Live Update

Post by BullBear52x »

Coffee anyone?
Daily need to do more, but mid term is looking pretty to be a bull.
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BullBear52x
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Re: 04/18/2017 Live Update

Post by BullBear52x »

I am leaning bullish from here. Crystal ball.
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