Back to www.cobrasmarketview.com

   

10/28/2011 Intraday Watering

10/28/2011 Intraday Watering

Postby Cobra » Fri Oct 28, 2011 9:03 am

Small gap down within yesterday's range plus all the gaps the next day after a Major Accumulation Day got filled the same day, so the gap will be filled, the market will attempt another new high, then we'll see. Overall, usually the day after a Major Accumulation Day is a small range day, so up or down, I don't expect today to be a big day.

Global ES looks pretty much like a Bull Flag, so more up ahead.
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: 46776
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/28/2011 Intraday Watering

Postby dr659 » Fri Oct 28, 2011 9:10 am

Cobra wrote:Small gap down within yesterday's range plus all the gaps the next day after a Major Accumulation Day got filled the same day, so the gap will be filled, the market will attempt another new high, then we'll see. Overall, usually the day after a Major Accumulation Day is a small range day, so up or down, I don't expect today to be a big day.

Global ES looks pretty much like a Bull Flag, so more up ahead.

Having trouble with your site, Sluggish, locks up alot when I am here, Started a few days ago
dr659
 
Posts: 319
Joined: Thu Feb 17, 2011 4:53 pm

Re: 10/28/2011 Intraday Watering

Postby noob » Fri Oct 28, 2011 9:15 am

Cobra wrote:Small gap down within yesterday's range plus all the gaps the next day after a Major Accumulation Day got filled the same day, so the gap will be filled, the market will attempt another new high, then we'll see. Overall, usually the day after a Major Accumulation Day is a small range day, so up or down, I don't expect today to be a big day.

Global ES looks pretty much like a Bull Flag, so more up ahead.


Morning Cobra! Time frame for more up ahead? I thought the new evil plan is go up from here a little, but then pull back because it's overbought =)
noob
 
Posts: 532
Joined: Mon Oct 17, 2011 2:54 pm

Re: 10/28/2011 Intraday Watering

Postby Cobra » Fri Oct 28, 2011 9:17 am

noob wrote:
Cobra wrote:Small gap down within yesterday's range plus all the gaps the next day after a Major Accumulation Day got filled the same day, so the gap will be filled, the market will attempt another new high, then we'll see. Overall, usually the day after a Major Accumulation Day is a small range day, so up or down, I don't expect today to be a big day.

Global ES looks pretty much like a Bull Flag, so more up ahead.


Morning Cobra! Time frame for more up ahead? I thought the new evil plan is go up from here a little, but then pull back because it's overbought =)


Yes correct.

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: 46776
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/28/2011 Intraday Watering

Postby Al_Dente » Fri Oct 28, 2011 9:17 am

Good morning Cobra
I only “listen to 50% of what you say”
Soooo, another new high today, right?
User avatar
Al_Dente
 
Posts: 24410
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/28/2011 Intraday Watering

Postby 99er » Fri Oct 28, 2011 9:17 am

Good Morning.

Honey? Is Europe fixed now?
EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_28.html

The clowns are still working on it.
User avatar
99er
 
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm

Re: 10/28/2011 Intraday Watering

Postby Cobra » Fri Oct 28, 2011 9:18 am

dr659 wrote:
Cobra wrote:Small gap down within yesterday's range plus all the gaps the next day after a Major Accumulation Day got filled the same day, so the gap will be filled, the market will attempt another new high, then we'll see. Overall, usually the day after a Major Accumulation Day is a small range day, so up or down, I don't expect today to be a big day.

Global ES looks pretty much like a Bull Flag, so more up ahead.

Having trouble with your site, Sluggish, locks up alot when I am here, Started a few days ago


probably it's your browser because you're the only saying this. Try to empty your cache and see?

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: 46776
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/28/2011 Intraday Watering

Postby ultramarine » Fri Oct 28, 2011 9:18 am

Good morning all. Not intending to do much today. I may take a small short if we hit 1300-1307 and the 78% Fib retracement.

Euro is holding onto 1.41 quite well so far. Is this confirmation of a breakout? I doubt it, but let the Euro tell the tale. If it can stay above 1.40, then OK.
ultramarine
 
Posts: 194
Joined: Fri Aug 26, 2011 9:25 am

Re: 10/28/2011 Intraday Watering

Postby 99er » Fri Oct 28, 2011 9:19 am

So it's Friday; shall we hit the beach?
ES http://99ercharts.blogspot.com/2011/10/es_28.html

Sure. Beats yesterday.
User avatar
99er
 
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm

Re: 10/28/2011 Intraday Watering

Postby cougar » Fri Oct 28, 2011 9:21 am

Good morning!
VIX is back in jail. One could also notice the narrowing of the envelopes = sign that its own volatility is decreasing.
Attachments
VIXvolatGIF.GIF
cougar
 
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 10/28/2011 Intraday Watering

Postby 99er » Fri Oct 28, 2011 9:24 am

So what does Dr. Copper say?
HG http://99ercharts.blogspot.com/2011/10/copper_28.html

Overthrow.
User avatar
99er
 
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm

Re: 10/28/2011 Intraday Watering

Postby cougar » Fri Oct 28, 2011 9:25 am

GS might have encountered some serious resistance here:
Attachments
GS3FANSgif.GIF
GSgif.GIF
cougar
 
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 10/28/2011 Intraday Watering

Postby Petsamo » Fri Oct 28, 2011 9:25 am

The German DAX opened slightly below it 200 day EMA, went slightly above it, then dropped back down to form a red candle. It's currently sitting at the lows of the day.
Twitter @jackwag0n
User avatar
Petsamo
 
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 10/28/2011 Intraday Watering

Postby Anaconda » Fri Oct 28, 2011 9:27 am

Just popping in briefly to say hello and wish all well. Been too long for me. Out on business for most of the day. But thought I'd post this for my short-inclined friends - the YTD chart of the SPY with Fib. markers on the right. Shows we're close to the 78% retracement point. :mrgreen: :
GLTA,
A.
Attachments
gifsetfetch.gif
User avatar
Anaconda
 
Posts: 487
Joined: Fri May 06, 2011 2:57 pm

Re: 10/28/2011 Intraday Watering

Postby Al_Dente » Fri Oct 28, 2011 9:28 am

99er wrote:So what does Dr. Copper say?
HG http://99ercharts.blogspot.com/2011/10/copper_28.html
Overthrow.

overthrow = met resistance, coup failed ??
User avatar
Al_Dente
 
Posts: 24410
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/28/2011 Intraday Watering

Postby 99er » Fri Oct 28, 2011 9:30 am

Gee whiz, honey.
SPX http://99ercharts.blogspot.com/2011/10/spx_28.html

Maybe it is time to go surfing...big time.
User avatar
99er
 
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm

Re: 10/28/2011 Intraday Watering

Postby Harapa » Fri Oct 28, 2011 9:30 am

Plan for today:
Sell EDZ (from yesterday Close) at open plus 1%, Buy EDC at the same time.
Let's see how it works!
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
User avatar
Harapa
 
Posts: 1236
Joined: Mon Oct 24, 2011 1:33 pm

Re: 10/28/2011 Intraday Watering

Postby Cobra » Fri Oct 28, 2011 9:31 am

the open.
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: 46776
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/28/2011 Intraday Watering

Postby pablorynx » Fri Oct 28, 2011 9:31 am

Anaconda wrote:Just popping in briefly to say hello and wish all well. Been too long for me. Out on business for most of the day. But thought I'd post this for my short-inclined friends - the YTD chart of the SPY with Fib. markers on the right. Shows we're close to the 78% retracement point. :mrgreen: :
GLTA,
A.


Have you found much success with using the 78% retrace point? Other than a scalp, I mean, I find that the 78% retracement level has not been a good swing trade entry for a move back.
pablorynx
 
Posts: 116
Joined: Mon Apr 11, 2011 11:34 am

Re: 10/28/2011 Intraday Watering

Postby champix » Fri Oct 28, 2011 9:32 am

Good morning all,
Is that a bull flag broken on gc? I am long 1741,5 target 1775, stop 1739.
Agnosia, u still long?
Attachments
Gold-28octobre2011.jpg
User avatar
champix
 
Posts: 551
Joined: Thu Apr 14, 2011 9:13 am
Location: PARIS

Next

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot], marcueus3 and 41 guests