08/28/2018 Live Update

[Cobra]

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I expect a narrow range day today. probably down in the morning then up and up till the close, or up and up in the morning, reverses down afternoon. let's see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/08 ... ay-update/

[te_fern]

We'll start the morning with the big board below its MA line and the Qs above....

[te_fern]

We traded thru 2900 pretty easy, but its not supposed to be that easy. Be interesting to see if they can sustain it above the round number....

[fehro]

VIX is a tad overactive this morning… put/call near extremes.. with adv/dec diverging at ATH .. buckle up

[Cobra]

members only update at 10:07 am
http://www.cobrasmarketview.com/2018/08 ... ay-update/

[Cobra]

morning hourly filled black bar.

[te_fern]

Below 2900 now, filling the gap????

[te_fern]

Gap looks filled.....

[Cobra]

we probably just had the range low, now rebound all the way to day high the rest of the day, let's see.

[te_fern]

A trend line and triangle to watch....

[te_fern]

Broke out of the north side of the triangle. The long trend line can still give support. Not a day to short....

[te_fern]

VWAP is holding it down now...

[Cobra]

members only update at 11:43 am
http://www.cobrasmarketview.com/2018/08 ... ay-update/

[Cobra]

ok, maybe range low is here

[te_fern]

Fell right through the trendline. As Cobra said, probably a range day....

[fehro]

VIX is a tad overactive this morning… put/call near extremes.. with adv/dec diverging at ATH .. buckle up

RUT confirmation of gravestone?.. look to 1700 levels.. July highs.. VIXes nHODs..

[Trades with cats]

Added the lower trendline after the lower low. The first two have been good since the opening swing this morning.
Yesterday after the close (when we got out of the mountains and my cell phone had a signal) I saw Art Cashin calling this a sellers strike. Also this is the biggest month of the year for buybacks. So wondering if today the buybacks are on hold and the sellers are on strike.

[Daniel]

15min timeframe: TLT has not been below its 200ema since the early part of the month. Considering this is a very short-term MA that is pretty extraordinary.

Gapped down below it, and is currently still there. Perhaps a harbinger of a change in tone in the interest rate outlook?

[brokebybernacke2]

VIX is a tad overactive this morning… put/call near extremes.. with adv/dec diverging at ATH .. buckle up

RUT confirmation of gravestone?.. look to 1700 levels.. July highs.. VIXes nHODs..

calming trade war hurts smallies. do think this autumn will be buckle up season..