Back to www.cobrasmarketview.com

01/27/2022 Live Update

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

Re: 01/27/2022 Live Update

Post by Al_Dente »

Apple (AAPL) and Visa (V) report after the close
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades w 2 Cats
Posts: 1695
Joined: Tue Dec 15, 2020 3:48 pm

Re: 01/27/2022 Live Update

Post by Trades w 2 Cats »

Al_Dente wrote:Apple (AAPL) and Visa (V) report after the close
So possible roller coaster yet again, after hours. Maybe great trading for insomniacs. :D
Trades w 2 Cats
Posts: 1695
Joined: Tue Dec 15, 2020 3:48 pm

Re: 01/27/2022 Live Update

Post by Trades w 2 Cats »

The big volume ledge at 4337 is not holding.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/27/2022 Live Update

Post by Al_Dente »

Perma bear David Einhorn (Greenlight Capital) said persistently high inflation is eventually going to tip the U.S. economy into another recession, regardless of what the Federal Reserve will do to combat surging prices.
https://www.cnbc.com/2022/01/26/david-e ... tions.html
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: 01/27/2022 Live Update

Post by Al_Dente »

old news, this morning
First look at 4Q economic growth, GDP rose at an annual rate of 6.9% compared to estimates of 5.5% despite Covid omicron spread.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
JFR
Posts: 10127
Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/27/2022 Live Update

Post by JFR »

ES five minutes. Finding some support.

2022-01-27_10-41-10.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/27/2022 Live Update

Post by Al_Dente »

2yr treasury rates (UST2y)
10yr treasury rates (the benchmark TNX)
The inverse: Long treasury bonds (TLT)
Usually NOT ALWAYS: rates up stocks down, especially Tech
Daily, 20/50
Screenshot 2022-01-27 114510.jpg
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: 01/27/2022 Live Update

Post by Al_Dente »

Leveraged shorts
SHORTS
Daily, 20/50
Screenshot 2022-01-27 121326.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 01/27/2022 Live Update

Post by Daniel »

Bears beware. Could be an important W bottom forming in IWM. Multi-day bottom. Not so clear in QQQ.

The LOD must hold, because it is support going way back. But if it does, ROC-25 is below -10. It almost never goes that low in IWM, in a 6mo chart timeframe. Last time, the rally up was the December explosion. Odds are with the trend continuation and a downside break, but upside face-rip is a clear hazard.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/27/2022 Live Update

Post by Cobra »

Double bottom?
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
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/27/2022 Live Update

Post by Al_Dente »

day four below 200sma
last two days tried tested tried, still below 200sma
BUT higher lows on the daily
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/27/2022 Live Update

Post by Cobra »

The line below might not hold another test so bulls have no return now.
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
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/27/2022 Live Update

Post by BullBear52x »

4309 key support level has been a good support level for few days, a break down will take us to 4278.5, and I think it will today. :twisted:
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/27/2022 Live Update

Post by Al_Dente »

Risk Proxy
These are the Peacocks that should/will move up if/when the market moves up.
Interesting to note the insiders (bottom panel) have been selling since mid November.
Daily
Screenshot 2022-01-27 130828.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/27/2022 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
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/27/2022 Live Update

Post by BullBear52x »

4309 /ES is key level, but the majority of people will see yesterday's low as a line of support. a must to defense for bulks. internals to see if the bottom will sustain is $BPSPX, a tick up on $BPPX will also suggest the short term bottom will hold. only 13% of SPX companies were above 20 DMA, very over sold and very bearish.
Attachments
1.PNG
Last edited by BullBear52x on Thu Jan 27, 2022 4:58 pm, edited 2 times in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/27/2022 Live Update

Post by BullBear52x »

I mentioned 4352.5 yesterday on /ES last 2x top that bears need to sell, will see.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/27/2022 Live Update

Post by BullBear52x »

in a bull market 80% of SnP companies should be:
> 80% above 200 DMA today is only 49% very bearish.
> 50% above 50 DMA, today is only 26%, over sold but this is really weak in term of TA view or contrarian view of deadly over sold, crash like reading area low.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/27/2022 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: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/27/2022 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397

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.
Post Reply