10/23/2017 Live Update

[Cobra]

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bias is up.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2017/10 ... ay-update/

[Denali92]

It was really quite an unusual opex week. The price action on Thursday & Friday was more in line with a market that is in a bottoming process....

http://www.cobrasmarketview.com/2017/10232017-intra-day-update/

I am afraid I really have limited historical perspective on this market.... but I did pull together a brief review of opex Thursday gap downs followed by unfilled up gaps on Opex Friday. In the past 8 years, It is very rare!

-D

[Cobra]

members only update at 10:15 am
http://www.cobrasmarketview.com/2017/10 ... ay-update/

[Cobra]

morning hourly filled black bar.

[te_fern]

NYSE tick just went negative, the QQQ's started the morning out negative...

[te_fern]

The levered smalls have rolled over pretty hard this morning, can the 5 DMA hold it up??

[te_fern]

Decided to trade one of these box ranges......

[fehro]

Having fun yet trading the indexes this year?

The index has now gone 33 consecutive sessions without a 0.5% daily decline, which is the longest streak since 1995.
The index’s average daily change on an absolute basis so far this year has been only 0.30%, the smallest since 1965.
The index has closed lower 1% or more only four times—the fewest for a full year since 1964.


http://www.zerohedge.com/news/2017-10-23/here-it-comes-longest-streak-ever-without-3-correction-us-history

[fehro]

Bitcoin.. fwiw - Oct 27 AMZN earnings.. the doubtful rumours about acceptance being announced.. marked on chart fwiw.

[fehro]

Having fun yet trading the indexes this year?

The index has now gone 33 consecutive sessions without a 0.5% daily decline, which is the longest streak since 1995.
The index’s average daily change on an absolute basis so far this year has been only 0.30%, the smallest since 1965.
The index has closed lower 1% or more only four times—the fewest for a full year since 1964.


http://www.zerohedge.com/news/2017-10-23/here-it-comes-longest-streak-ever-without-3-correction-us-history

thanks to those "new" Wed options..

[te_fern]

Sold on this pull-back for a minor gain, was hoping to sell in the upper half....

[te_fern]

Hoped to sell north of 82.50, but quick sell off took me out!

[fehro]

fwiw Put/Call and Adv/Dec divergence PCC HOD 1.16 PCCE 1.87

[Cobra]

the low might be in.

[te_fern]

Back to the bottom of the box. I don't feel comfortable yet with another try...

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2017/10 ... ay-update/

[Al_Dente]

AMZN HQ2
"One Georgia town's mayor went so far as promising he would rename the town "Amazon" if the company agreed to build there."

[te_fern]

Can't believe it will work twice, but took another stab...

[te_fern]

Have to run an errand, so I took a small profit and will call it a day! LOL!