Back to www.cobrasmarketview.com

04/09/2018 Live Update

User avatar
Cobra
Site Admin
Posts: 58336
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2018 Live Update

Post by Cobra »

bias still is up
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: 58336
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2018 Live Update

Post by Cobra »

mini target. exceeds it then we'll see whether still some bears left.
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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/09/2018 Live Update

Post by Trades with cats »

FT71 uses his fancy software (RT ) to keep track of the rotations up and down all day long and run a statistical analysis on the results. He said this morning that the standard noise level rotation in the ES is over 3 and 1/2 points now. (was under 2 in December) So he suggested looking at your stop loss routine. Just saying that is good advice that I should have followed about a half hour ago :(
User avatar
Cobra
Site Admin
Posts: 58336
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2018 Live Update

Post by Cobra »

area of multiple supports, let's see any rebound here. generally the pullback should 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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/09/2018 Live Update

Post by Trades with cats »

ES 06-18 (5 Minute) 2018_04_09.png
Hello VWAP my old friend, it's good to be at you again.

As usual this hour of selling had greater volume. I need to change the color of the middle range bars, sorry
User avatar
Cobra
Site Admin
Posts: 58336
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2018 Live Update

Post by Cobra »

on support. still likely 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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/09/2018 Live Update

Post by Trades with cats »

I call it the VWAP line but it is actually the Median. Usually they are the same, sometimes there is a slight difference.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/09/2018 Live Update

Post by fehro »

mind the H&S on SPY 5m.. mind the morning gap :roll: TLT nHOD fills gap testing Fri's HOD.. VIX very tight >20d/50d
Attachments
Screen_Shot_2018-04-09_at_12_00_15_PM.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/09/2018 Live Update

Post by Trades with cats »

Still looking like an inside day. Could be money to be made trading the Emperor's speech tonight, or not. Still that looks like a good potential catalyst. Not sure if US President making a decision to launch more million dollar each tomahawks at some second hand Russian fighter jets with the Syrian flag on the tail is going to move the markets.
User avatar
Cobra
Site Admin
Posts: 58336
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2018 Live Update

Post by Cobra »

possible mm. actually here is the bull's last chance to rebound before mm down.
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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/09/2018 Live Update

Post by Trades with cats »

60 Minute opening range high coming up. Credit to Zerohedge for calling this a short squeeze, unless the bulls rip your face off closing rally.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/09/2018 Live Update

Post by fehro »

fehro wrote:mind the H&S on SPY 5m.. mind the morning gap :roll: TLT nHOD fills gap testing Fri's HOD.. VIX very tight >20d/50d
daily indexes candle getting uglier.. should we close here or lower..
Attachments
Screen Shot 2018-04-09 at 12.36.51 PM.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/09/2018 Live Update

Post by Trades with cats »

Looking like the overnight high was more important that it appeared this morning on the way up!
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/09/2018 Live Update

Post by fehro »

SPX gaps the gap and 200d SMA .. will be very ugly SPX 50w 2570 next
Attachments
Screen Shot 2018-04-09 at 12.52.52 PM.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/09/2018 Live Update

Post by Trades with cats »

Lucky for the nightly news it was a gap up open so they can still say market was up.
User avatar
Cobra
Site Admin
Posts: 58336
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2018 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: 58336
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2018 Live Update

Post by Cobra »

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

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/09/2018 Live Update

Post by Trades with cats »

Tweet of the day from Zerohedge:
No more shorts to squeeze (facebook sells your private data, exchanges sell your stop limits)
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 04/09/2018 Live Update

Post by brokebybernacke2 »

fehro wrote:
fehro wrote:mind the H&S on SPY 5m.. mind the morning gap :roll: TLT nHOD fills gap testing Fri's HOD.. VIX very tight >20d/50d
daily indexes candle getting uglier.. should we close here or lower..
bouncy ball, less bouncy
not a bull believer until 2666sp taken with gusto....
bears need 2550 to really get more excited..
choppy till sell in may go way time!
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/09/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:mind the H&S on SPY 5m.. mind the morning gap :roll: TLT nHOD fills gap testing Fri's HOD.. VIX very tight >20d/50d
daily indexes candle getting uglier.. should we close here or lower..
Attachments
Screen Shot 2018-04-09 at 1.00.48 PM.png
Post Reply