Cobra's Market View

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

=============================================================================================================================================================================

small double top or not wait and see. small double top means pullback but generally the pullback should be bought, the rebound might not over yet.

members only update starts here: http://www.cobrasmarketview.com/2017/08 ... ay-update/

/ES 30m H&S looking for SPX 2459 ish target

The TICKs' are rolling over this morning...

te_fern wrote:The TICKs' are rolling over this morning...

HELP US BABY JANET!!

Looks like we going to need some help to get out of this narrow sideways trading range....

morning hourly black bar

MrMiyagi wrote:

te_fern wrote:The TICKs' are rolling over this morning...

HELP US BABY JANET!!

fed minutes are tomorrow...should be telling

fehro wrote:/ES 30m H&S looking for SPX 2459 ish target

almost ding ding.. mind yGAPs on indexes.. buckle up

No change in the downward bias of the Tick...

fehro wrote:

fehro wrote:/ES 30m H&S looking for SPX 2459 ish target

almost ding ding.. mind yGAPs on indexes.. buckle up

think range day today, we may rise a bit tomorrow into minutes. there's that gap to fill yet 2071 ish, then maybe we get some good downers..art cashin is very cautious..

Chart reset than final high Friday

Daily and overnight volume profiles are light grey going left to right.

Take a hard look at Tuesday the 8th compared to yesterday. History doesn't repeat but it sure rythmes a lot.
The relationship to the fib lines really needs a Theremin playing a spooky soundtrack in the background, or at least a Scooby Doo clip

MSFT and AAPL near ATH

Good morning Pasta Boss. I assume the Up down advance declines and volume have been negative all morning?

te_fern wrote:Good morning Pasta Boss. I assume the Up down advance declines and volume have been negative all morning?

Hi boss
Folks are busy either on vacation or remodeling their homes
HD beat earnings, beat revenue, so I don’t understand why HD and LOW are hit so hard.
Last I checked HD was roughly > 4.6% of the dow

AD bear bias is koala not grizzly:

NY advancing stocks = 0.51 x declining stocks
NY advancing volume = 0.55 x declining volume
Nasdaq advancing stocks = 0.58 x declining stocks
Nasdaq advancing volume = 0.86 x declining volume

NY declining stocks = 1.97 x advancing stocks
NY declining volume = 1.82 x advancing volume
Nasdaq declining stocks = 1.73 x advancing stocks
Nasdaq declining volume = 1.13 x advancing volume

brokebybernacke2 wrote:

fehro wrote:

fehro wrote:/ES 30m H&S looking for SPX 2459 ish target

almost ding ding.. mind yGAPs on indexes.. buckle up

think range day today, we may rise a bit tomorrow into minutes. there's that gap to fill yet 2071 ish, then maybe we get some good downers..art cashin is very cautious..

yup… IWM nLOD… futs 30m candles possible bearish engulfing… need SPY and QQQ LODs to go.. for yGAPs with VIX /VXX nHODs Bonds keep climbing

Al_Dente wrote:

te_fern wrote:Good morning Pasta Boss. I assume the Up down advance declines and volume have been negative all morning?

Hi boss
Folks are busy either on vacation or remodeling their homes
HD beat earnings, beat revenue, so I don’t understand why HD and LOW are hit so hard.
Last I checked HD was roughly > 4.6% of the dow

AD bear bias is koala not grizzly:

NY advancing stocks = 0.51 x declining stocks
NY advancing volume = 0.55 x declining volume
Nasdaq advancing stocks = 0.58 x declining stocks
Nasdaq advancing volume = 0.86 x declining volume

NY declining stocks = 1.97 x advancing stocks
NY declining volume = 1.82 x advancing volume
Nasdaq declining stocks = 1.73 x advancing stocks
Nasdaq declining volume = 1.13 x advancing volume

Thanks boss!!