Cobra's Market View

Does anyone know where SWalsh went? Is he back from vacation yet?
Those HFT charts would be valuable at a day like today.
Are the bots holding us up artificially or were they pushing us down yesterday.

Since HFT is an important component of short term trading, the more discussion the better. How about I open another forum? This forum will be TA only. The other forum can talk about HFT or politics or something else. What about posting pictures of shiny polished buttons? I prefer HFT charts any day...

SWalsh wrote:

NOT MKT RELATED:

Good stuff. Thanks for sharing ! I am still working on some of that while I am busy taking some profits today.

SWalsh wrote:
Here's a line also back to June. This charts has more lines than a party at Pablo Escobar's house

Good chart. I don't think that channel will hold, but I hadn't noticed it before.

which big ones report AH? INTC and YHOO, not the biggest but they get a lot of attention. INTC provides chips for AAPL as I understand so that might set the tone. Thx :mrgreen: U know anything about NXPI, supposedly provides chips for iPhone? ouch NXPI is the leader in Near Field Communication whic...

SPY made a large move down and up. Do you guys really think we'll move up some more? YES, within the week anyways. I was thinking today I try not to time things that precisely. Today could leave us hanging and wondering yet again. Seems to be the theme lately. But look at the daily candle. If we ca...

Petsamo wrote:SPY made a large move down and up. Do you guys really think we'll move up some more?

YES, within the week anyways.

It is impossible, IMO, to tell at this moment (12:15) if the drop was the completion of a flat correction, or if the top is in. . Absolutely correct. However, I see Thursday, Monday and and today all have the character of a shakeout. Plus, I see people calling for new lows everywhere. This has the ...

Just how corrupt can we get? Anyone going to jail? FBI warned Labor Department data might be leaked: report http://www.reuters.com/article/2012/07/11/us-usa-economy-data-idUSBRE86A01N20120711 (in part) "The apparent root cause for the issues driving this assessment is the presence of algorithm...

Remember last summit? After the crazy runnup came right down after Greece said they were gonna referendum. Poised for the same drama next week this time? Unlikely. Spain and Italy got what they wanted with little to no austerity. Doesn't matter, Way overextended anyways. US fiscal cliff and China r...

This broke a channel and needs to stay out of it now to attract selling: Your iii wave is smaller than i wave, that contradicts with EW rules. No? No, it cant be the smallest, but it doesn't have to be the longest. Its larger than 5 from eyeballing it. Looks fine. Terminal moves (read Neely) often ...

Petsamo wrote:Where's TraderGirl at ? I'm curious to know what candlestick formation we would have if we finished at current levels

Bullish Harami

SB73 wrote:If I squint my eyes I can see a descending triangle

Or a H&S top

Cobra wrote:good, no big pullback, the bull still have legs. I hope the weekend meeting won't be too disappointed.

What meeting is that?

737controller wrote:

MrMiyagi wrote:

737controller wrote: why can't I see the P-Bar on stockcharts.com

You won't see them on all charting software, Stockcharts rarely shows any.

any other free sites that may. I am cheap and don't want to pay

freestockcharts.com

SWalsh wrote: There's a solid divergence here.

Looks more like a confirmation (lower high in price and indicator).

TWT wrote:SPX: Failure to achieve a fiver. Then still sideways. Maybe a Triangle

Looks like 5 waves to me. Could also be a nested 1-2-1-2 setup.

Cobra wrote:

wayne0708 wrote:

Cobra wrote:volume surge, hopefully that means something, such as rebound. boring, really boring day.

I would give up hope on rebound for today Cobra

well, at least big guys tried, see that phantom bar?

Forgive my ignorance, but what is the significance of these?

well, another failed breakout. 37 min to close, I'm neutral now. That "might" be a 5th wave ending diagonal (I think TWT has been looking for that) of the C wave of a corrective A-B-C off the lows and a large drop commences. Nice Island Reversal on a gap down. Plenty of time to close on a...

I have been following your charts with quite some interest, but I am not sure what exactly they mean and where you get those. Could you enlighten me (and others maybe) ? Thanks There is a service you can get these from...search for HFTAlert. It also has a number of instructional articles. Wonderful...