Back to www.cobrasmarketview.com

04/09/2012 Live Update

TraderGirl
Posts: 5028
Joined: Thu Dec 22, 2011 2:47 pm

Re: 04/09/2012 Live Update

Post by TraderGirl »

One more leg down for Gold via NUGT?? Works with one more leg up in dollar...
Attachments
nugt 4 9.png
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2012 Live Update

Post by Cobra »

another key time, bulls really need this to be C&H. the bias so far is still 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.
lcgllc
Posts: 68
Joined: Wed Jan 04, 2012 4:37 pm

Re: 04/09/2012 Live Update

Post by lcgllc »

Cobra wrote:another key time, bulls really need this to be C&H. the bias so far is still up.
forgive the absense of a chart, but i have a break of the ES 5min uptrnd line and retest...looks down from here
User avatar
Mr. T
Posts: 995
Joined: Tue Apr 12, 2011 12:50 pm

Re: 04/09/2012 Live Update

Post by Mr. T »

Bear Flag broken?
-T

"Treat Your Mother Right!!!!"
j1900q
Posts: 14
Joined: Wed Jul 27, 2011 12:24 pm

Re: 04/09/2012 Live Update

Post by j1900q »

Taking my money here.
User avatar
Mr. T
Posts: 995
Joined: Tue Apr 12, 2011 12:50 pm

Re: 04/09/2012 Live Update

Post by Mr. T »

Financials are leading the way
-T

"Treat Your Mother Right!!!!"
User avatar
soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 04/09/2012 Live Update

Post by soku »

soku wrote:i think the market is going up a little bit. es 1386-88 area could be the target. what i am not sure is pull back a little bit or go directly from here.
i like the scenario to pull back to 75-76 then going up
no dip no long. :(
last one was not good enough. 1381 pivot may hold for a while
The goal is not uniformity. It is understanding and idea exchange.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2012 Live Update

Post by Cobra »

overshot, so pullback, normally, this should be just a temp pullback. well, NORMALLY.
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.
TraderGirl
Posts: 5028
Joined: Thu Dec 22, 2011 2:47 pm

Re: 04/09/2012 Live Update

Post by TraderGirl »

xiv could be trading in a pendant/wedge....
support looks near 200dma...
Attachments
xiv 4 9.png
User avatar
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Re: 04/09/2012 Live Update

Post by MrMiyagi »

Bounce up tomorrow would not be out of the question if market closes below 1387 region. Above that not sure.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2012 Live Update

Post by Cobra »

could be another C&H. I'm out half of my day trade long here, but maintain the target.
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.
ken_d17
Posts: 99
Joined: Mon May 23, 2011 9:34 am

Re: 04/09/2012 Live Update

Post by ken_d17 »

C&H could you remind me what this is ?
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2012 Live Update

Post by Cobra »

here's the reason I'm out, there're 50% chances a double top is forming here, so better be safe than sorry. :roll:
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.
deadmoney95
Posts: 22
Joined: Wed Feb 23, 2011 6:00 pm

Re: 04/09/2012 Live Update

Post by deadmoney95 »

ken d wrote:C&H could you remind me what this is ?
cup and handle

http://www.investopedia.com/terms/c/cup ... z1rZNko1Kv
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2012 Live Update

Post by Cobra »

so far not a bad consolidation pattern for bulls.
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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2012 Live Update

Post by Cobra »

target met!
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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2012 Live Update

Post by Cobra »

overshot, so might be a pullback here then we'll see.
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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2012 Live Update

Post by Cobra »

the big picture still not good looking for bulls though, bear this in mind.
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: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/09/2012 Live Update

Post by Cobra »

AAPL key time, see the link yourself: http://stockcharts.com/public/1684859/c ... /260183775;

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
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 04/09/2012 Live Update

Post by Petsamo »

If we finish at these favorable levels, it's anyone's guess if overseas markets will continue the sell off. My spreadsheet's still predicting a gap down
Twitter @jackwag0n
Post Reply