Back to www.cobrasmarketview.com

01/13/2023 Live Update

User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

01/13/2023 Live Update

Post by Cobra »

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 cobra@cobrasmarketview.com.
=============================================================================================================================================================================

Double bottom or not, wait and see.
Attachments
ES60min.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
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/13/2023 Live Update

Post by JFR »

ES daily.

A breakout. Will it keep?

Pulling back somewhat from yesterday's close and this morning's high.

2023-01-13_05-59-29.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/13/2023 Live Update

Post by JFR »

ES 60 minutes.

Strong pullback from the Pivot to S1.

2023-01-13_06-01-35.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/13/2023 Live Update

Post by JFR »

ES 5 minutes.

2 hour pullback to S1, where it finds some support.

2023-01-13_06-02-42.png
Charts posted are not recommendations. They are just a sharing of information.
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 01/13/2023 Live Update

Post by brokebybernacke2 »

vix great tell yesterday, now lets see if bulls can hold here. apple 131.44 key.
merryme
Posts: 561
Joined: Tue Apr 01, 2014 1:41 pm

Re: 01/13/2023 Live Update

Post by merryme »

Watching this chart today.
Attachments
Screenshot (1034).png
Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/13/2023 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
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/13/2023 Live Update

Post by Al_Dente »

Markets are now pricing in a 96% probability of a 25 bps hike at the end of the month, compared to the 77% chance that was seen prior, according to the CME's FedWatch Tool.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/13/2023 Live Update

Post by Cobra »

It's a morning hourly hollow red
Attachments
0.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: 01/13/2023 Live Update

Post by Al_Dente »

1/13 AAPL
CEO Tim Cook have decided to reduce his annual compensation by 40% for 2023 in response to shareholder criticism. While his $3M base salary and $6M bonus will remain the same, the total amount of equity awards available will decrease from $75M to $40M, putting his total payout target at $49M.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
Posts: 4043
Joined: Tue Nov 24, 2015 3:35 pm

Re: 01/13/2023 Live Update

Post by te_fern »

I saw on another blog a reference to this gentleman's EW analysis. They said he published once a month and was pretty good.

https://www.investing.com/analysis/sp-5 ... -200634309
This is not investment or trade advice.
te_fern
Posts: 4043
Joined: Tue Nov 24, 2015 3:35 pm

Re: 01/13/2023 Live Update

Post by te_fern »

Back testing this trendline, hard to believe we can rally some more today after the last several. But, what do I know. Only price matters!!
Attachments
SPX.PNG
This is not investment or trade advice.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/13/2023 Live Update

Post by Cobra »

The blue line above might not hold another test so let's see whether bulls can make it there.
Attachments
0.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: 01/13/2023 Live Update

Post by Al_Dente »

......
Last edited by Al_Dente on Fri Jan 13, 2023 1:29 pm, edited 1 time in total.
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 01/13/2023 Live Update

Post by brokebybernacke2 »

looks like market needs a rest to get over those big moving averages. have a good weekend.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/13/2023 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.
te_fern
Posts: 4043
Joined: Tue Nov 24, 2015 3:35 pm

Re: 01/13/2023 Live Update

Post by te_fern »

Pulling away from the down trend line, approaching Cobra's flat line.....
Attachments
SPX.PNG
This is not investment or trade advice.
jademann
Posts: 1036
Joined: Wed Aug 22, 2012 10:49 am

Re: 01/13/2023 Live Update

Post by jademann »

The VIX can bottom right here. If not, we may be looking at 16.2. I currently have a 33% SPXU position...
My comments were dictated to me by homie the clown
q2model
Posts: 336
Joined: Tue Feb 15, 2011 10:54 am

Re: 01/13/2023 Live Update

Post by q2model »

Cobra wrote:It's a morning hourly hollow red
I went through the data back to 7/1/2022, the only signals still outstanding are 10/13/2022 and today. Any thoughts on validity of 10/13/2022 signal? Market's low was 3491 on that day.
Serenity
Posts: 131
Joined: Thu Jun 16, 2022 12:27 pm

Re: 01/13/2023 Live Update

Post by Serenity »

I am not an option trader. There are massive puts getting expired by next Friday. If market goes down those options are profitable, I guess we have to wait till next week to see if Market would allow those option traders to take profit by pushing it down. It goes higher till those option expires. I believe BB52 posted 2.4 Put/call ratio few weeks ago. Current Put/call is 0.65.
The drop from yesterday to this morning, it is giving more room to go up till next Friday or dropping a little more like it is crashing, it makes more people shorting and be a boost for market goes up again. We might be stuck in a range days till next Friday.
They just put lots of bad news that banks are refusing to give their earning reports out. Banks made most of the profits since we enter in the bear market.
Post Reply