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.
no idea up or down here, mostly a boring day nowadays anyway.
Attachments
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.
DXY pressing up into resistance.. just another .20 .. higher.. /GC <20d/50d nearing 20w 1276ish. /RT nATH /NQ lags,weak .. mind the morning gaps. Bonds getting smacked very hard
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.
Fed speakers today are reportedly all doves. Kashkari is doing opening remarks at a tribal education conference so expect nothing. Later on Bullard is talking on policy so we could see something. One newsfeed says Lael Brainard is speaking but the economic calendar web site doesn't list her. She is the voice of Chair Yellen and in the past has added details to what policy will be. Rosengren is speaking tonight so maybe the Chinese traders will be listening.
More important was the BofC vote of 4 to 3 against a rate hike. Shows they are all moving in Chair Yellen's direction and with Political chaos in Germany it is going to be very hard for "what ever it takes" Draghi to not start tightening.
This is a modified Renko bar type. It has overnight volume profile on it. I think the evolving point of control at ES 2499 looks like a good first target. If it doesn't hold there is all kinds of stuff around 2495.
The green lines are evolving value area while the green triangle lines are the established value areas. Valuye is the middle 70% of the volume profile.
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.
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.
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.
Another day, another headache for Apple, which according to the WSJ has hit a new production snag on its new iPhone X over a pair of components dubbed Romeo and Juliet, which is adding to worries about extended product shortages when sales begin in early November.