06/19/2017 Live Update

[Al_Dente]

big tech
% last 10 days

[te_fern]

Monday's are rough. Seems like it is either a gap and go or a hard drop then an extended melt up. Just tough trading for now. Also heading into the end of the quarter so bonus is on the line for the long only fund managers.

Thanks Cats!

[Al_Dente]

food etc, daily

[Cobra]

maybe pullback here which likely would be bought again.

[Al_Dente]

For day trading, I hate this kind of day. Did not get a trade on and now must wait for a pullback that may never come. When the market goes straight up from the open, I don't have an indicator identified to tell me to buy the first minor pullback versus waiting due to a larger pullback.....

The Full Monty
ALL INTERNALS five minutes
When there’s no selling (bottom panels) and only buying (2x greens)
I just hold my nose and jump in as soon as I can, and stay for as long as I can until the AD reverses
Not shown here: VWAP and >34ma works on some, not all, depends on what u are trading
FIVE MIN

[fehro]

VIX nears HOD, green with indexes.. VXX lags.. /CL nears April lows 43.75

[Al_Dente]

WHAT ELSE CAN WE WORRY ABOUT?
Yet another chart predicting the crashmageddon made the rounds this weekend.
The 5 month correlation between the SPX and the NYSE Common Stock Only AD volume line.
“Values below zero produced large corrections. Correlation is currently deep in negative territory which never happened before and it implies a dramatic market plunge” [source: xtrends via jesse felder]
Personally I’d like to see a lower high or double top or something other that endless ATHs before I get crashy

[superxy]

WHAT ELSE CAN WE WORRY ABOUT?
Yet another chart predicting the crashmageddon made the rounds this weekend.
The 5 month correlation between the SPX and the NYSE Common Stock Only AD volume line.
“Values below zero produced large corrections. Correlation is currently deep in negative territory which never happened before and it implies a dramatic market plunge” [source: xtrends via jesse felder]
Personally I’d like to see a lower high or double top or something other that endless ATHs before I get crashy

619correlation.png.png

Actually, nowadays, most ND not working at all, just too much liquidation and EU/JOP center banks buying like crazy...

[Al_Dente]

HAPPY HOUR

[Al_Dente]

That’s a pathetic daily candle on AMZN
ATH and now ~27 points lower than her HOD ATH
On the one and five minute charts that ATH looks like a spike P-Bar on the open

[Cobra]

guess pullback was over.

[Al_Dente]

WHAT ELSE CAN WE WORRY ABOUT?........

Actually, nowadays, most ND not working at all, just too much liquidation and EU/JOP center banks buying like crazy...

1) What is “ND” and how is it "not working" ?
2) Where is the “too much liquidation” ?
3) “EU/JOP center banks buying like crazy”
All that buying of stocks and ETFs shows up in the AD and in the indices.

[Shaishen]

For day trading, I hate this kind of day. Did not get a trade on and now must wait for a pullback that may never come. When the market goes straight up from the open, I don't have an indicator identified to tell me to buy the first minor pullback versus waiting due to a larger pullback.....

The Full Monty
ALL INTERNALS five minutes
When there’s no selling (bottom panels) and only buying (2x greens)
I just hold my nose and jump in as soon as I can, and stay for as long as I can until the AD reverses
Not shown here: VWAP and >34ma works on some, not all, depends on what u are trading
FIVE MIN

Always have 6J and USD/JPY on a screen. Some times JPY signals what might happen next. Sharp drop (resp USD rise) was an indication this am 15 min before ES open. Didn't act on it though. Like to see a little divergence from the ES ON action which wasn't there.

.

[Cobra]

members only update at 3:32 pm
http://www.cobrasmarketview.com/2017/06 ... ay-update/

[superxy]

members only update at 3:32 pm
http://www.cobrasmarketview.com/2017/06 ... ay-update/

There is trading signal on Friday? Missed it...


Sent from my iPhone using Tapatalk

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2017/06 ... ay-update/

[Cobra]

members only update at 3:32 pm
http://www.cobrasmarketview.com/2017/06 ... ay-update/

There is trading signal on Friday? Missed it...


Sent from my iPhone using Tapatalk

Yeah, I missed too. Added back later in Next Day Edges

[Cobra]

well, guess that's it for today. Tuesday tomorrow has been mixed. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[Al_Dente]

For day trading,.....

The Full Monty

Always have 6J and USD/JPY on a screen. Some times JPY signals what might happen next. Sharp drop (resp USD rise) was an indication this am 15 min before ES open. Didn't act on it though. Like to see a little divergence from the ES ON action which wasn't there. .

thanks boss