Back to www.cobrasmarketview.com

04/05/2012 Live Update

Post Reply
User avatar
Cobra
Site Admin
Posts: 58471
Joined: Sat Feb 12, 2011 10:29 pm

04/05/2012 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: http://stockcharts.com/public/1684859/tenpp. You need "follow" only once but vote can be done every 24 hours, 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: http://stockcharts.com/public/1684859/tenpp, thanks!



Gap down along yesterday's low, so not sure if the gap will be filled or not.

Global ES clearly looks like a Double Top here but bears need decisively break the neckline in order to seal the deal. The good news for bulls is I see potential 3 push down here, so maybe the neckline would hold again...
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.
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 04/05/2012 Live Update

Post by johnnywa »

I just put a fork in bull,he is well done,cooked done,throw him out
stucap
Posts: 994
Joined: Thu Jul 14, 2011 12:25 pm

Re: 04/05/2012 Live Update

Post by stucap »

Lots of stuff at "support" or resistance.

Check out daily charts of the EUR/USD

Gold is flirting with it's BB
AUD/JPY looks like a falling wedge?

Buy the dip now or drop to 1370-1385?
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/05/2012 Live Update

Post by Al_Dente »

On the weekend board, I noted the slightly lower lows on EUzone and banks
Same chart here; with EU now in freefall (while $BKX tries to holds up!)
http://stockcharts.com/h-sc/ui?s=$BKX&p ... listNum=15
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
noob
Posts: 532
Joined: Mon Oct 17, 2011 2:54 pm

Re: 04/05/2012 Live Update

Post by noob »

Cobra, bear flag? On the other hand, could there be a double bottom forming or are the two bottoms low too far apart?
noob
Posts: 532
Joined: Mon Oct 17, 2011 2:54 pm

Re: 04/05/2012 Live Update

Post by noob »

noob wrote:Cobra, bear flag? On the other hand, could there be a double bottom forming or are the two bottoms low too far apart?
Actually I think I know the answer, ascending triangle or bear flag.
User avatar
KeiZai
Posts: 2827
Joined: Tue Nov 29, 2011 6:16 pm
Location: EUROPE

Re: 04/05/2012 Live Update

Post by KeiZai »

stucap wrote:Lots of stuff at "support" or resistance.

Check out daily charts of the EUR/USD

Gold is flirting with it's BB
AUD/JPY looks like a falling wedge?

Buy the dip now or drop to 1370-1385?
Buy the dip likely, more down later...expecting bounce to 1402-5
Last edited by KeiZai on Thu Apr 05, 2012 9:32 am, edited 1 time in total.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
User avatar
Cobra
Site Admin
Posts: 58471
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/05/2012 Live Update

Post by Cobra »

the open. key time.
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.
stucap
Posts: 994
Joined: Thu Jul 14, 2011 12:25 pm

Re: 04/05/2012 Live Update

Post by stucap »

Cobra wrote:the open. key time.
something is really pressing the bid right now....bulls apparently know the consequences of failure.
User avatar
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 04/05/2012 Live Update

Post by Petsamo »

johnnywa wrote:I just put a fork in bull,he is well done,cooked done,throw him out
You're gonna short now ?
Twitter @jackwag0n
User avatar
Cobra
Site Admin
Posts: 58471
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/05/2012 Live Update

Post by Cobra »

AAPL at channel top, kind of key time too.
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
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/05/2012 Live Update

Post by Al_Dente »

Update on the longer-term $VIX signals I posted over the weekend.
You can see that the last time these sell signals all fired was July 2011.
(still waiting for $VXD to fire)
45vix.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 04/05/2012 Live Update

Post by johnnywa »

bulls in big ass trouble
stucap
Posts: 994
Joined: Thu Jul 14, 2011 12:25 pm

Re: 04/05/2012 Live Update

Post by stucap »

stucap wrote:
Cobra wrote:the open. key time.
something is really pressing the bid right now....bulls apparently know the consequences of failure.

Bears look really weak! Comon' ROAR!!!!!
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 04/05/2012 Live Update

Post by johnnywa »

your fuc--- kidding me bulls are dying a slow cancerous death
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 04/05/2012 Live Update

Post by johnnywa »

Metals are gonna fart let out the pressure before they go back down
Kos
Posts: 13
Joined: Sat Mar 31, 2012 10:11 am

Re: 04/05/2012 Live Update

Post by Kos »

Cobra, What is your opinion on GLD. Looks like we have a very bih inverse H&S . Do you think we will go back up above 200 in next few months?
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 04/05/2012 Live Update

Post by KENA »

Al_Dente wrote:Update on the longer-term $VIX signals I posted over the weekend.
You can see that the last time these sell signals all fired was July 2011.
(still waiting for $VXD to fire)
45vix.png
Looks like we are getting alot closer..Thanks
User avatar
Roadrunner
Posts: 85
Joined: Wed Feb 23, 2011 5:04 pm

Re: 04/05/2012 Live Update

Post by Roadrunner »

Al_Dente wrote:Update on the longer-term $VIX signals I posted over the weekend.
You can see that the last time these sell signals all fired was July 2011.
(still waiting for $VXD to fire)
45vix.png
great chart. TY
User avatar
BullBear52x
Posts: 29569
Joined: Tue Feb 22, 2011 3:47 pm

Re: 04/05/2012 Live Update

Post by BullBear52x »

GM, this time is different, sell the rip.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Post Reply