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04/20/2017 Live Update

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Al_Dente
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Re: 04/20/2017 Live Update

Post by Al_Dente »

Al_Dente wrote:NY advancing stocks = 2.1 x declining stocks
NY advancing volume = 2.9 x declining volume
NY advancing stocks = 2.3 x declining stocks
NY advancing volume = 2.5 x declining volume
At the moment the AD is still strong enough to hold the bull intraday, but it must not falter tooooo much
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 04/20/2017 Live Update

Post by Al_Dente »

brokebybernacke2 wrote:
Al_Dente wrote:SPY 15m ............
or maybe this, break of yellows might determine direction.
thanks boss :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Denali92
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Re: 04/20/2017 Live Update

Post by Denali92 »

The market will do what it wants to do - even if that means it is historically unusual.

The market has gone for the 1 in 9 historical direction this week. :roll: :roll: :roll:

I do not have a lot to add here EXCEPT to say that the note here:

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

Does cover one interesting possibility for next week. If we do get an inside week, I am sure Cobra will also come up with some super interesting stat to complement my work. ;) ;) ;)

Have a good one,

-D
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Cobra
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Re: 04/20/2017 Live Update

Post by Cobra »

this bull shall still have legs.
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BullBear52x
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Re: 04/20/2017 Live Update

Post by BullBear52x »

no trade for me today, mistake I thought it will be boring, it could have been a killing easy day trade today.

%B is now bear no more, today reversal is serious, bear beware!
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BullBear52x
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Re: 04/20/2017 Live Update

Post by BullBear52x »

BPSPX is also agreed with this run today.
1.PNG
STO I posted yesterday wasn't lying :)
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Cobra
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Re: 04/20/2017 Live Update

Post by Cobra »

the pullback should be bought around here.
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Al_Dente
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Re: 04/20/2017 Live Update

Post by Al_Dente »

April into May is seasonally bullish – these are the stats:
• Over the next 4 weeks, SPY has on average historically risen by 1.9% based on the past 24 years of stock performance.
• SPY has risen higher in 17 of those 24 years over the subsequent 4 week period, corresponding to a historical probability of 70%
• The holding period that leads to the greatest annualized return for SPY, based on historical prices, is 1 week. ….
https://evilspeculator.financhill.com/s ... nality/SPY

[edit: chart is interactive; slide the little thingy]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 04/20/2017 Live Update

Post by BullBear52x »

USO, don't discount a possible of HL. Trading market, no trend on USO so....this is common, stay in the kitchen or stay out.
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BullBear52x
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Re: 04/20/2017 Live Update

Post by BullBear52x »

TLT long term dip will be bought, we might have a run sideways like 2015, for now she is gaining her strength back. Peace!
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Al_Dente
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Re: 04/20/2017 Live Update

Post by Al_Dente »

HAPPY HOUR
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Cobra
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Re: 04/20/2017 Live Update

Post by Cobra »

Al_Dente wrote:HAPPY HOUR
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Al_Dente
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Re: 04/20/2017 Live Update

Post by Al_Dente »

Relative Strengths were poking along, continuing out of smalls, banks, tran,
and into spx, nas, and cyclicals
Then all of a sudden today INDU v SPX took a big dump….. WTF............
420rel str.png.png
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Al_Dente
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Re: 04/20/2017 Live Update

Post by Al_Dente »

AXP is up +6% today (on earnings)
AXP is 2.54% of the dow
That represents X points of the dow’s run today
(could someone please give me the math for X)
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Al_Dente
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Re: 04/20/2017 Live Update

Post by Al_Dente »

Al_Dente wrote:Today’s uptrend angle is a bit steep
U know the drill
IWM and SPY
that was at 12:32 pm
since then IWM has fanned out by moving sideways
now it's trying to go down (no HH... can it hold its HL ?)
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Cobra
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Re: 04/20/2017 Live Update

Post by Cobra »


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Trades with cats
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Re: 04/20/2017 Live Update

Post by Trades with cats »

ES 06-17 (5 Min)  4_20_2017_c.jpg
I am surprised at how well the Average Daily Range calculation works for setting limits, up or down, at the beginning of the trading day. Of course if I start to really rely on it then it will stop working ;)
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Cobra
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Re: 04/20/2017 Live Update

Post by Cobra »


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Cobra
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Re: 04/20/2017 Live Update

Post by Cobra »

well, guess that's it for today. Friday tomorrow has been generally bull friendly. thank you guys, I'll see you tomorrow.

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rpccharts
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Re: 04/20/2017 Live Update

Post by rpccharts »

OPEx tomorrow and expect a flip on open
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