05/04/2018 Live Update

[Cobra]

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Hopefully it's a typical 2nd test of the yesterday's low before going up and up.

[fehro]

buckle up…SPX opening at 200d SMA 2615 .. mind the gap down and go… 50w next 2587 be careful… crazy VIX spike this morning

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/05 ... ay-update/

[fehro]

DXY nHOD nHOW.. dollar non stop up.. 93.35 next resistance… be VERY careful on gold/oil

[fehro]

DXY nHOD nHOW.. dollar non stop up.. 93.35 next resistance… be VERY careful on gold/oil

/GC <20d/50d/20w 200d/50d near here 1304/1297 that level goes.. looking for a fast $30 drop to 1265 .. buckle up

[fehro]

buckle up…SPX opening at 200d SMA 2615 .. mind the gap down and go… 50w next 2587 be careful… crazy VIX spike this morning

[Wallstreetrader]

careful if we break up the 35, these autobots don't give up

[fehro]

buckle up…SPX opening at 200d SMA 2615 .. mind the gap down and go… 50w next 2587 be careful… crazy VIX spike this morning

SPX 200d SMA holds.. cyan trendline holds…. red wedge adjusted... tries to fill morning gap … 200d so Key today

/ES testing oLOD from underneath.. resistance possible here SPX 2625

[fehro]

only NDX >20d SMA .. thanks AAPL , thanks Warren https://www.zerohedge.com/news/2018-05- ... -during-q1

Warren Buffett took a break from explaining his views on bitcoin to pop star Katy Perry to reveal during an interview this week that Berkshire Hathaway bought another 75 million Apple shares during the first quarter - bringing Berkshire's total stake to 240.3 million shares worth roughly $42.54 billion.

That's nearly twice as much stock as Apple itself bought back during the first quarter as it marshaled a flood of repatriated profits unleashed by the Republican tax reform law to carry out the largest corporate buyback in US corporate history.

[victorm]

as for me, market to continue down till noon, in all - down day...

[Wallstreetrader]

Bull need a close at 2660 !
MAybe Fed need more computers

[Al_Dente]

China is ‘very deliberately not buying anything from the U.S.’
https://www.bloomberg.com/amp/news/arti ... e-ceo-says

[Cobra]

members only update at 10:06 am
http://www.cobrasmarketview.com/2018/05 ... ay-update/

[Cobra]

morning hourly hollow red. the implication is on the top left of the chart itself.

[Cobra]

FEELS like an uptrend day. we'll see.

[fehro]

SPX nears next resistance… as /ES tests oHOD.. /NQ already took out oHOD VIXes holding up
almost time to nibble short

[fehro]

SPX nears next resistance… as /ES tests oHOD.. /NQ already took out oHOD VIXes holding up
almost time to nibble short

dabble here 2634.75

[fehro]

SPX nears next resistance… as /ES tests oHOD.. /NQ already took out oHOD VIXes holding up
almost time to nibble short

dabble here 2634.75

nada out.. to early.. again /CL goosed… markets pop

[fehro]

NDX COMPQ>20d RUT nears 50d….

[Trades with cats]

Stops hit for sure around ES 2632 as my chart just went vertical on up to yesterday's high. Am guessing the 5 minute bars are going to be large. FT71 was calling for this level sometime this afternoon and he is expecting 2640.50 will not hold the first time it is touched. We will see.