Back to www.cobrasmarketview.com

05/03/2018 Live Update

fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 05/03/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:
fehro wrote:
Try again .. :roll: :) 2600 ….* 2612ish bounce target maybe pink? recent low APR 25 2612ish

unload 1/2 2610 .. a little nervous :roll:

ding ding 2612 out rest .. weak touch .. mind LOD

mind 50w 2586.65 if LOD goes.. next level.. may triangle here/bear flag 200d upper side 2614ish key
Attachments
Screen Shot 2018-05-03 at 9.33.06 AM.png
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 05/03/2018 Live Update

Post by Wallstreetrader »

was quick :mrgreen:
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 05/03/2018 Live Update

Post by fehro »

SPX at 200d SMA 2615 key time… VIX slips <20d/50d

it's all oil.. /CL bounces indexes bounce… /CL looses 20d SMA .. and oil rolls over.. indexes will get hit big time
Attachments
Screen Shot 2018-05-03 at 9.41.27 AM.png
Last edited by fehro on Thu May 03, 2018 12:44 pm, edited 1 time in total.
User avatar
Cobra
Site Admin
Posts: 58893
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/03/2018 Live Update

Post by Cobra »

rebound gets stronger and stronger, pullback gets weaker, so maybe the low was in.
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.
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 05/03/2018 Live Update

Post by Wallstreetrader »

re-short sorry i can't resist++ :mrgreen:
Last edited by Wallstreetrader on Thu May 03, 2018 12:54 pm, edited 1 time in total.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 05/03/2018 Live Update

Post by fehro »

SPX 2625ish next resistance.. looking to dabble short at that level.. may take a tiny bit here 2622.. waiting for 5m candles
Attachments
Screen Shot 2018-05-03 at 9.49.27 AM.png
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 05/03/2018 Live Update

Post by fehro »

fehro wrote:SPX 2625ish next resistance.. looking to dabble short at that level.. may take a tiny bit here 2622.. waiting for 5m candles

/ES nears yLOD restest again from underneath.. key time SPX 2625
User avatar
Cobra
Site Admin
Posts: 58893
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/03/2018 Live Update

Post by Cobra »

testing day high.
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.
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 05/03/2018 Live Update

Post by Wallstreetrader »

Strong BULL Stoped Out
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 05/03/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:SPX 2625ish next resistance.. looking to dabble short at that level.. may take a tiny bit here 2622.. waiting for 5m candles

/ES nears yLOD restest again from underneath.. key time SPX 2625

:roll: 2629 green line? :roll: :) at open gap… thanks oil ;) :roll:
Attachments
Screen Shot 2018-05-03 at 9.58.19 AM.png
daytradingES
Posts: 2245
Joined: Thu Sep 13, 2012 10:46 am

Re: 05/03/2018 Live Update

Post by daytradingES »

LOOK AT THE GOVT BUY THE DIP!!
you-yah free market!!!
Educational only and not trading advice (EO&NTA) :)
Good trading to all
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 05/03/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:
fehro wrote:SPX 2625ish next resistance.. looking to dabble short at that level.. may take a tiny bit here 2622.. waiting for 5m candles

/ES nears yLOD restest again from underneath.. key time SPX 2625

:roll: 2629 green line? :roll: :) at open gap… thanks oil ;) :roll:

dabble short 2628 ..lookin for 200d SMA restest 2615
Last edited by fehro on Thu May 03, 2018 1:04 pm, edited 1 time in total.
Daniel
Posts: 3484
Joined: Fri Feb 10, 2012 4:27 pm

Re: 05/03/2018 Live Update

Post by Daniel »

QQQ gap fill
Daniel
Posts: 3484
Joined: Fri Feb 10, 2012 4:27 pm

Re: 05/03/2018 Live Update

Post by Daniel »

From Briefing.com:
The S&P 500 breached its 200-day moving average earlier, but is now about 10 points above the key technical level.

Losses are broad with eight of the eleven S&P 500 sectors trading in the red. The financial group is at the back of the pack, down 1.2%, with AIG leading the retreat after missing bottom-line estimates for the first quarter; AIG shares are down 7.5%.

A decline in Treasury yields is also weighing on the financial space, with the benchmark 10-yr yield down two basis points at 2.94%.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/03/2018 Live Update

Post by Al_Dente »

SECTORS YEAR-TO-DATE
There are only TWO sectors in the green on the year: energy and technology (lime and black)
(btw: I substituted RCD (pink), the equal-weighted discretionary, for XLY, because XLY is unfairly skewed by AMZN and NFLX)
53sector ytd.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
Posts: 3484
Joined: Fri Feb 10, 2012 4:27 pm

Re: 05/03/2018 Live Update

Post by Daniel »

SPY S1 support level is just above 262-- where price is right now.

update: AAPL green!
Last edited by Daniel on Thu May 03, 2018 1:27 pm, edited 1 time in total.
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 05/03/2018 Live Update

Post by Wallstreetrader »

never mess the bull simple !
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/03/2018 Live Update

Post by Al_Dente »

"Tesla stock slide make $700 million profit for short-sellers"
https://www.reuters.com/article/us-tesl ... SKBN1I420C
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
Posts: 3484
Joined: Fri Feb 10, 2012 4:27 pm

Re: 05/03/2018 Live Update

Post by Daniel »

NYSE tick fresh hod
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 05/03/2018 Live Update

Post by fehro »

fehro wrote:
fehro wrote:
fehro wrote:
fehro wrote:SPX 2625ish next resistance.. looking to dabble short at that level.. may take a tiny bit here 2622.. waiting for 5m candles

/ES nears yLOD restest again from underneath.. key time SPX 2625

:roll: 2629 green line? :roll: :) at open gap… thanks oil ;) :roll:

dabble short 2628 ..lookin for 200d SMA restest 2615

nada .. goes for gap fill oil goosed market gets goosed :roll: once again
Attachments
Screen Shot 2018-05-03 at 10.36.12 AM.png
Last edited by fehro on Thu May 03, 2018 1:39 pm, edited 1 time in total.
Post Reply