Back to www.cobrasmarketview.com

08/17/2017 Live Update

User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

08/17/2017 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.
=============================================================================================================================================================================

breakdown would be double top, key time.
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: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/17/2017 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: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/17/2017 Live Update

Post by Cobra »

it's 100% mm. so I won't surprised if dip buyers are buying aggressively 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.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 08/17/2017 Live Update

Post by Daniel »

15min and 30min timeframes, SPY is trying to hold above the respective 200emas. (about 246.50 or thereabouts)
User avatar
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Question is, will it remain up? Descending 20ema line smashing it over the head like a scorned wife cracking a husband's skull with a cast-iron fry-pan.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 08/17/2017 Live Update

Post by Daniel »

IWM gap fill, and now green.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re:

Post by Daniel »

MrMiyagi wrote:Question is, will it remain up? Descending 20ema line....
20 period expo MA in what time frame?
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/17/2017 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
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Daniel wrote:
MrMiyagi wrote:Question is, will it remain up? Descending 20ema line....
20 period expo MA in what time frame?
Intraday, 5 minute.
User avatar
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Image
te_fern
Posts: 4017
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/17/2017 Live Update

Post by te_fern »

Yes, it looks like the wife with the frying pan is winning out so far this morning!! :D
Attachments
SPX 1 Minute.PNG
This is not investment or trade advice.
te_fern
Posts: 4017
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/17/2017 Live Update

Post by te_fern »

The TICKs support the weak action so far this morning....
Attachments
Tick.PNG
This is not investment or trade advice.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 08/17/2017 Live Update

Post by Daniel »

QQQ testing Monday's opening gap level. Holding so far.

IWM still green.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 08/17/2017 Live Update

Post by Daniel »

UP/Down volume on NYSE and Naz is mildly bearish. Advancers are very weak on NYSE and fairly weak on Naz.
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/17/2017 Live Update

Post by brokebybernacke2 »

cracks in the foundation....expanding
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/17/2017 Live Update

Post by Trades with cats »

ES just dropped at the ADR low 2452.0. Stopped it yesterday, open question today.
User avatar
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

New York Times saying Gary Cohn is not happy with Trump, may resign. This could tank the markets as he's the one looking into tax reform.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 08/17/2017 Live Update

Post by Daniel »

At 142.25 or so QQQ will have given up the week's gains. IWM has already done so. SPY is exploring it's Monday gap, and has begun the descent...

Meanwhile, prec.metals are again strong.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/17/2017 Live Update

Post by fehro »

as per yesterday…. shooting stars.. ugly candles yesterday -- viewtopic.php?f=2&t=2574&start=60#p243843
Attachments
Screen Shot 2017-08-17 at 7.22.35 AM.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/17/2017 Live Update

Post by Trades with cats »

20 day ADR lows holding in both the ES and the TF, let the bouncing begin. :)
Post Reply