Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 12:08 pm
members only update at 12:05 pm
http://www.cobrasmarketview.com/2017/05 ... ay-update/
http://www.cobrasmarketview.com/2017/05 ... ay-update/
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05/19/2017 Live Update
Page 2 of 2
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 12:11 pm
Cleared the 2383 resistance. See if it can hold it....
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 1:01 pm
internals, 5min, green volume still strong, NY, 7.9xAl_Dente wrote:NY advancing stocks = 3.5 x declining stocks
NY advancing volume = 7.0 x declining volume (not a typo)
Nasdaq advancing stocks = 1.8 x declining stocks
Nasdaq advancing volume = 3.2 x declining volume
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 1:49 pm
Checking SPX daily linear:
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 2:24 pm
I'm back...Mr. BachNut wrote:Took a long scale on the tag of a P-bar I saw at SPY 238.60.Mr. BachNut wrote:
I am neutral carrying shorts and hedge longs put on yesterday.
I'll be scaling a long shortly to get net short by the close.
By Monday I will be short or flat if stops get hit.
It was also a tag of 10 day exponential MA on ES.
Tightening stop on remaining hedge long.
If bulls keep charging my short may get taken out.
Emotionally, I want to reload short scales taken out Wednesday, but gonna do nothing and stick to the regularly scheduled program.
Will think about it over weekend and respond to price action next week.
Getting an overbought signal here. Seems a little surprising but it is what it is.
My remaining hedge long will come off today as a consequence. Will watch from here into the close and pick a spot to sell.
Doesn't mean market can't go up further. Just gives an edge for a pullback in the next few days.
Going to stop doing the blow by blow here... We'll see what next week brings...
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 2:45 pm
ding ding 20d SMAfehro wrote:SPX opening on 50d SMA.. possible invs H&S 5m . gap and go first target 20d 2386, overall target 2395... "IF" it goes
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 3:02 pm
HAPPY HOUR
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 3:29 pm
pullback might not over yet.
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 3:35 pm
members only update at 3:35 pm
http://www.cobrasmarketview.com/2017/05 ... ay-update/
http://www.cobrasmarketview.com/2017/05 ... ay-update/
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 3:57 pm
well, guess that's it for today. Monday has been very bull friendly recently. thank you guys, I'll see you in another thread soon.
please don't forget our weekly sentiment poll which will be posted right after the close.
before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
please don't forget our weekly sentiment poll which will be posted right after the close.
before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 3:58 pm
Well this swoon was a new rumor that trump made a statement to Russians about Comey being gone... This is nutz, Im not a Trump fan but if I were him I'd put everyone on finding the source of these constant leaks an they would never see the light of day again.
Re: 05/19/2017 Live Update
Posted: Fri May 19, 2017 4:04 pm
our weekly sentiment poll is here:
viewtopic.php?f=9&t=2472
viewtopic.php?f=9&t=2472