Back to www.cobrasmarketview.com

04/13/2018 Live Update

User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/13/2018 Live Update

Post by Al_Dente »

AD
bulls gave it away, bear bias now, especially heavy selling on the nas
413ad.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/13/2018 Live Update

Post by Trades with cats »

From Twitter-Citron is a very vocal short selling firm-

Citron accepting a challenge. @Jimcramer has famously named his dog Nvidia. If $NVDA is trading over $230 in 12 months, Citron will donate $230k to the Humane Society. $NVDA has become a victim of its own success as competition looms on ALL sides. Great company. $175 tgt 2018
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/13/2018 Live Update

Post by Trades with cats »

Hong Kong session low looking solid so far. Wasn't tested after Tokyo opened, but this has to count as a higher volume confirmation, if it holds.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/13/2018 Live Update

Post by Trades with cats »

ES 06-18 (2000 Tick) 2018_04_13.png
Background change to gray is Tokyo open. Back to white is New York open. These are not equidistant tick bars. So the bar prints when 2,000 trades take place. Important thing is still NO Gaussian bell curve on volume profile.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/13/2018 Live Update

Post by Trades with cats »

ES VWAP at 2663 on my fast chart. The first big test of this up move. :)
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/13/2018 Live Update

Post by Al_Dente »

FAKE NEWS:
Amazon Apologizes for Shipping Ten Thousand Copies of Comey’s Book to White House
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/13/2018 Live Update

Post by Al_Dente »

[save for later]
Tom Mcclellan’s latest
The FED is still screwing up:
https://www.mcoscillator.com/learning_c ... rewing_up/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/13/2018 Live Update

Post by Cobra »

classic breakdown then sharp rebound. trading on bear side is always difficult because you never know this sharp rebound is reversal or just a rebound.
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.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/13/2018 Live Update

Post by fehro »

Junior Buffett wrote:Fehro,

Can you look into VIX? since last 2 days VIX is not reacting to the market...SPX red and VIX red, which is not a good sign for the BEARS

wedge retest….LOD /20d 2649ish goes again look to 2620ish … 2600… near 200d SMA VIX daily bull flag of sorts.. "IF" we hammer today… yes VIX is low red a tad curious.. bonds green
Attachments
Screen Shot 2018-04-13 at 8.37.30 AM.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/13/2018 Live Update

Post by Trades with cats »

McClellan states the case that according to the big bank analysts, most on Wall Street subscribe to. The case of continuing Fed policy errors.

And quite honestly the Fed is composed of intellectually in-bred academic snobbish genius but idiots with no skin in the game. Their institutional track record is horrible. They rightly live in fear of populist politicians as they know what Old Hickory did to one of their predecessors. :twisted:
User avatar
Cobra
Site Admin
Posts: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/13/2018 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: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/13/2018 Live Update

Post by Cobra »

bear flag?
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.
te_fern
Posts: 4017
Joined: Tue Nov 24, 2015 3:35 pm

Re: 04/13/2018 Live Update

Post by te_fern »

This trend line is adding some resistance....
Attachments
SPX.PNG
This is not investment or trade advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/13/2018 Live Update

Post by Trades with cats »

Looking at yesterday's close and it has been 30 minutes since the last try. One more time and if it fails it will be time for the Einstein quote. :lol:
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/13/2018 Live Update

Post by Trades with cats »

ES 06-18 (2000 Tick) 2018_04_13.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/13/2018 Live Update

Post by Trades with cats »

hesitating at VWAP. It has been 30 plus minutes, time for that up move if it is going to happen.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/13/2018 Live Update

Post by fehro »

:roll: VIXes at LOD .. VXX keeps slipping.. bullish wedge on support 5m.. could pop at any moment

Indexes red, VIXes red.. still Oil rolls over on profit taking, look for next wave down on indexes… /CL been keeping indexes up
Attachments
Screen Shot 2018-04-13 at 10.14.30 AM.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 04/13/2018 Live Update

Post by Trades with cats »

Trying for that pop and if it takes off well just like last night and this morning nothing but low volume chart.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/13/2018 Live Update

Post by fehro »

fehro wrote::roll: VXX keeps slipping.. bullish wedge on support 5m.. could pop at any moment
nix that… nLODs .. VXX down channel.. no wedgie :roll:
User avatar
Junior Buffett
Posts: 1089
Joined: Mon Apr 15, 2013 4:39 pm

Re: 04/13/2018 Live Update

Post by Junior Buffett »

Nice chart by Kimble Charting solution. Chart credit to www.kimblechartingsolutions.com

Interesting perspective...

Image
Post Reply