Back to www.cobrasmarketview.com

   

03/08/2018 Live Update

03/08/2018 Live Update

Postby Cobra » Thu Mar 08, 2018 10:22 am

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.
=============================================================================================================================================================================

this bull shall have legs.
Attachments
ES60min.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: 41504
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/08/2018 Live Update

Postby Cobra » Thu Mar 08, 2018 10:26 am


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: 41504
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/08/2018 Live Update

Postby fehro » Thu Mar 08, 2018 10:49 am

SPX just 2 points short of 50d :roll: seems weak… no gap over it and go.. other candles toppy.. if we stay flat ish today
Attachments
Screen Shot 2018-03-08 at 6.48.22 AM.png
fehro
 
Posts: 22871
Joined: Fri Sep 02, 2011 2:06 pm

Re: 03/08/2018 Live Update

Postby te_fern » Thu Mar 08, 2018 10:59 am

Looks like the first pivot has held twice...
Attachments
SPX.PNG
te_fern
 
Posts: 2165
Joined: Tue Nov 24, 2015 3:35 pm

Re: 03/08/2018 Live Update

Postby Cobra » Thu Mar 08, 2018 11:01 am

morning hourly filled black bar.
Attachments
3.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: 41504
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/08/2018 Live Update

Postby Cobra » Thu Mar 08, 2018 11:03 am


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: 41504
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/08/2018 Live Update

Postby Cobra » Thu Mar 08, 2018 11:05 am

generally the pullback would be bought.
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: 41504
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/08/2018 Live Update

Postby Trades with cats » Thu Mar 08, 2018 11:06 am

Just a reminder June ES contract add 5.0 to the March, NQ add 25.25, YM add 28.0 and the smalls, RTY add 4.1
Trades with cats
 
Posts: 6547
Joined: Sat Oct 11, 2014 4:40 pm

Re: 03/08/2018 Live Update

Postby fehro » Thu Mar 08, 2018 11:15 am

fehro wrote:SPX just 2 points short of 50d :roll: seems weak… no gap over it and go.. other candles toppy.. if we stay flat ish today


see the sneaky VIX move? .. super fast spike to 50d.. pretty hammer daily :roll: :lol:
fehro
 
Posts: 22871
Joined: Fri Sep 02, 2011 2:06 pm

Re: 03/08/2018 Live Update

Postby Trades with cats » Thu Mar 08, 2018 11:23 am

Johnny 5.png
Nothing burger so far today. With the Trump meeting on tariffs this afternoon and jobs report tomorrow Johnny 5 and friends must be recharging their batteries this morning.
Trades with cats
 
Posts: 6547
Joined: Sat Oct 11, 2014 4:40 pm

Re: 03/08/2018 Live Update

Postby te_fern » Thu Mar 08, 2018 11:24 am

Getting a little bounce here, can we make a new high??
Attachments
SPX.PNG
te_fern
 
Posts: 2165
Joined: Tue Nov 24, 2015 3:35 pm

Re: 03/08/2018 Live Update

Postby te_fern » Thu Mar 08, 2018 11:26 am

Smalls still pushing lower....
Attachments
TNA.PNG
te_fern
 
Posts: 2165
Joined: Tue Nov 24, 2015 3:35 pm

Re: 03/08/2018 Live Update

Postby fehro » Thu Mar 08, 2018 11:28 am

Trades with cats wrote:
Johnny 5.png
Nothing burger so far today. With the Trump meeting on tariffs this afternoon and jobs report tomorrow Johnny 5 and friends must be recharging their batteries this morning.



and ready to do a backflip later…. :roll: https://www.youtube.com/watch?v=knoOXBLFQ-s
fehro
 
Posts: 22871
Joined: Fri Sep 02, 2011 2:06 pm

Re: 03/08/2018 Live Update

Postby fehro » Thu Mar 08, 2018 11:34 am

fehro wrote:
fehro wrote:SPX just 2 points short of 50d :roll: seems weak… no gap over it and go.. other candles toppy.. if we stay flat ish today


see the sneaky VIX move? .. super fast spike to 50d.. pretty hammer daily :roll: :lol:


TLT nHOD again TLT >20d SMA and just over 20w SMA weekly 118.71…. TLT weekly is trying to hammer… 50w 122.62 50d 121.19 ..something to watch next week
Attachments
Screen Shot 2018-03-08 at 7.33.41 AM.png
fehro
 
Posts: 22871
Joined: Fri Sep 02, 2011 2:06 pm

Re: 03/08/2018 Live Update

Postby te_fern » Thu Mar 08, 2018 11:41 am

Pushing south, going to be weak for the next little while....
Attachments
SPX.PNG
te_fern
 
Posts: 2165
Joined: Tue Nov 24, 2015 3:35 pm

Postby MrMiyagi » Thu Mar 08, 2018 11:43 am

NYMO hit +47 at the start of the day, now at +28 and red. The +40 and over mark is typically a signal for a breather, market can go sideways or down until the next wave brings equity surfers in.
User avatar
MrMiyagi
 
Posts: 10180
Joined: Sun Oct 16, 2011 12:48 pm

Re: 03/08/2018 Live Update

Postby te_fern » Thu Mar 08, 2018 12:09 pm

Keeps retracing to the VWAP line....
Attachments
SPX.PNG
te_fern
 
Posts: 2165
Joined: Tue Nov 24, 2015 3:35 pm

Re: 03/08/2018 Live Update

Postby Cobra » Thu Mar 08, 2018 12:29 pm

no sharp pullback allowed until decisive new high, otherwise it'd be double top here. 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: 41504
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/08/2018 Live Update

Postby Trades with cats » Thu Mar 08, 2018 12:32 pm

Speaking of equity surfers- this is today in my time zone.
ES 06-18 (1000 Tick) 2018_03_08.png
1000 Tick ES 6-18 Expiry



Here is good old Coolbizone calling out his trades on Twitter today. My time stamp is Rocky Mountain, better known as UTC 7 so adjust to Eastern, that is UTC 5 by adding 2 hours.

ES takes out 2734.50, high today is 2736.50. Heading towards 2755-2765-2815+ will have pullbacks of 6-12 points along the way, good opportunity to reenter after booking profits
6:19 AM - 8 Mar 2018
Sold ES longs from yesterday at 2712,25, +23.75. Will relong on a pullback.
6:23 AM - 8 Mar 2018
went relong at 2733, not much pullback
6:35 AM - 8 Mar 2018
added at 2727.50, Av. long at 2730.25. Will add one more time if lower.
7:12 AM - 8 Mar 2018
We has a 12.25 retrace to 2725 low as mentined above. added more Av. long now at 2727.25 x 32. Likley to get to 2742-2745 and another pullback TBD
8:08 AM - 8 Mar 2018

So if you don’t trade futures let me do the math for you. 32 contracts at $50 per point means $1,600 per point, so if it gets to 42 he will be up $23,600.

It is always interesting to watch a heavy hitter roll.
Trades with cats
 
Posts: 6547
Joined: Sat Oct 11, 2014 4:40 pm

Re: 03/08/2018 Live Update

Postby Trades with cats » Thu Mar 08, 2018 12:54 pm

Bottom of the 60 minute OR being tested. If it fails yesterday's close low up next 5 points lower (ES 6-18 2727.25).
I am looking at a weak sell signal but it looks more like no buyers than a real pick up in sellers.
Trades with cats
 
Posts: 6547
Joined: Sat Oct 11, 2014 4:40 pm

Next

Return to Traders Lounge

Who is online

Users browsing this forum: No registered users and 17 guests