Cobra's Market View

back under the blue upper fork would be the first sign of weakness and open a retest of the march low...but tick suggests to anticipate a close at the high for the day.

TRIN over the past year - closes above 2 are marked with purple vertical line with the red above 1.9 - yesterday trin closed at 2.16

Al_Dente wrote:WHAT IS SHE TALKING ABOUT….. MARGIN REQUIREMENTS
Did anyone just catch that?
Please explain

question was about end users so assume related to 'commercials' ie farmers forward sales of crops would not have the margin requirements that traders have....

Those are HUGE. Blue one is somewhat compelling. Actually red may have the edge with the price test of upper tine - notice how price has not tested upper/lower blue tines - does not make a strong case for it to continue to corral prices - nod goes red andrew's barring anything more than a pierce of...

Here is recent action

The andrew's appear to steep to be valid but TWT - this is a quick and dirty modified schiff - target is mid-line by middle of next week.

OOB The two andrew's are still valid with a nice rejection off red upper. Blue will want find support at mid-line area but the red rejection says "not so fast what about my mid-line" There is alot of room below before the battle gets heated...Could throw another down sloping andrew's in wi...

OOB

My PF view for now

Just closed march ES putin gap... 184325

Hey D - Today could be just the beginning of Bankers showing their disdain for the Volker rule passage - and may get quite UGLY - need breadth to improve before bounces can be taken seriously... IMO I Like STFB.... It has been a LONG time since that has been used..... and ONLY for day trades..... si...

The first hour of tick has the hallmark if a trend day - along with downside breadth of 3:1 - suggests bounces should be viewed with suspicion translation today's mantra STFB

The 1.618 price projection of the '09 low to '11 high is 1806 cash...
and that advance was 543TD - equal time out of the Oct '11 low is next Monday...

Heads up Al_Dente don't know if you saw this from last night....about 3/4 down the page
viewtopic.php?f=2&t=1097&start=100

Hey Al D my breadth thrust calc was in error - the ZwBT has triggered today - this is actually the second with the first on Friday - I did a little digging to find out that he used a 10 day ema of adv/adv+dec omitting any unchanged issues so I couldn't use total issues traded and keep to his origina...

Hey Al D You asked about the Zweig Breadth Thrust on Friday which brought up whether an ema or sma is used in the calculation. I have always understood it to be the 10 day simple but I decided to back check the data to locate past Zw Breadth Thrusts... I pulled data since Jan 1991 for the analysis t...

gappy wrote: I would like to see inflation hop before the metals move decisively.

Hmmm...my next cyclical buy pt (after Halloween) is not until the first six weeks of 2015 - I expect the underlying metals to atleast regain half the losses since the Fall of 2012 - FWIW

Al_Dente wrote:Does anyone follow the Zweig Breadth Thrust Indicator?
Any comments?

Just in passing Al - last zbt was in July can't be triggered in here as the low was not low enough...

You are most welcome - AD
For the gold bugs out there I have All Hallow's eve as an IT/LT turn (Low) with the potential that it is straddled ie a double bottom mid Oct / mid Nov..

A couple charts pointing to at least a temp top Some Hampson info, not quite there yet.http://solarcycles.net/2013/10/14/cyclical-stocks-bull-top/ Perhaps but the RA NYSE summation already looks to be in trouble - bulls need to move and sustain it over 500 or else... The oscillators, both volume an...

A couple charts pointing to at least a temp top