Back to www.cobrasmarketview.com

01/19/2015 Live Update - Canada Exclusive

Post Reply
User avatar
DellGriffith
Posts: 1803
Joined: Sun Aug 25, 2013 5:24 pm

01/19/2015 Live Update - Canada Exclusive

Post by DellGriffith »

US Markets are closed today but not in Canada. The Toronto Stock Exchange has an S&P 500 equivalent here:
http://stockcharts.com/h-sc/ui?s=XSP.TO ... 8869299771

If that doesn't seem to be trading today, there is TSX on stockcharts:
http://stockcharts.com/h-sc/ui?s=$TSX&p ... 5893914280
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by Cobra »

TSX is a big Symmetrical Triangle, so the bias still is up. I have cover on TSX in my trading signals report.
Attachments
1.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
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by Cobra »

DAX is a clear breakout of long tested reistance, looks good.
Attachments
1.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
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by Cobra »

I don't see the day low was in for TSX 60 yet.
Attachments
1.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
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by Cobra »

this rebound may have small legs. some chances the low was in for today.
Attachments
1.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
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by Cobra »

bias is up
Attachments
1.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
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by Cobra »

more up.
Attachments
1.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.
KaZoom
Posts: 30
Joined: Thu Aug 09, 2012 12:56 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by KaZoom »

CNR.TO daily – broke up from sym triangle – target +15%:

http://stockcharts.com/h-sc/ui?s=CNR.TO ... &a=2525071
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by Cobra »

KaZoom wrote:CNR.TO daily – broke up from sym triangle – target +15%:

http://stockcharts.com/h-sc/ui?s=CNR.TO ... &a=2525071
It's symmetical triangle, so bias is up, but for now I don't read it as a clear breakout of triangle.

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.
KaZoom
Posts: 30
Joined: Thu Aug 09, 2012 12:56 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by KaZoom »

So you are looking for a back-test, or a % breakout or break through resistance at point B to qualify it?
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by fehro »

KaZoom wrote:CNR.TO daily – broke up from sym triangle – target +15%:

http://stockcharts.com/h-sc/ui?s=CNR.TO ... &a=2525071
fwiw.. CNR weekly.. possible diamond top...
Attachments
Screen Shot 2015-01-19 at 12.14.32 PM.png
KaZoom
Posts: 30
Joined: Thu Aug 09, 2012 12:56 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by KaZoom »

Good eye - thanks!
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/19/2015 Live Update - Canada Exclusive

Post by Cobra »

KaZoom wrote:So you are looking for a back-test, or a % breakout or break through resistance at point B to qualify it?
I'd just like to see it goes more up. Close well above Jan 9 high. As I'm writing now, it looks good. Still symmetrical triangle is not strong up bias, so hard to trade.

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.
Post Reply