10/05/2012 Live Update

[noob]

Blue line hit!

[MrMiyagi]

We reached the point of the bad tick on SPY created yesterday

Indeed...

[Petsamo]

Here's the bad tick that was created yesterday

[L_T]

Can anyone give me any reason this chart isn't bearish?

[Al_Dente]

COBRA: for example
I LOVE THAT 3:03 POST FOR SUBSCRIBERS
but i missed it.... i was late seeing it

Senor I am lost was there really a post?

here is the link that cobra posted earlier, for subscribers
http://www.cobrasmarketview.com/2012/10 ... ay-update/
i'm trying to get him to post a note/link here to tell us when he updates
(if i have to perma-watch another page, my head will explode, i need just a gentle reminder that there is something new over there)
bye bye senor, nice 2 have u back

[fehro]

change of pace.. Transports bucking the trend

[MrMiyagi]

[KENA]

COBRA
will u tell us (post link on free board here) when u update it, or do we have to keep watching that page?

that I'll have to figure out, maybe use twitter to notify.

Maybe there are some that do use Twitter..I don't use it for one.

[ClarkW]

starting from today, I'll try some member only intra-day follow up at the main site: http://www.cobrasmarketview.com/2012/10 ... ay-update/

OUTSTANDING COBRA! GREAT IDEA!!

[Cobra]

not much to say here, let's see how close goes.

[Petsamo]

Can anyone give me any reason this chart isn't bearish?

At what point are you gonna short ?

[BullBear52x]

COBRA
will u tell us (post link on free board here) when u update it, or do we have to keep watching that page?

that I'll have to figure out, maybe use twitter to notify.

Maybe there are some that do use Twitter..I don't use it for one.

same here.

[BlackThought]

Can anyone give me any reason this chart isn't bearish?

it's right by the 200 day SMA

[Cobra]

member only update: http://www.cobrasmarketview.com/2012/10 ... ay-update/

[L_T]

Can anyone give me any reason this chart isn't bearish?

it's right by the 200 day SMA

Hmmm interesting because it's BELOW the 200 EMA (daily) but getting support from the 200 SMA (daily). Not sure what to make of that.

[L_T]

Can anyone give me any reason this chart isn't bearish?

At what point are you gonna short ?

Was going to be end of day today.

[KENA]

Have a nice long weekend and thanks Cobra..See ya Tue.

[KeiZai]

If this could be counted as double top then : http://www.youtube.com/watch?v=0vZa7g14F-Y

anyways breaks the previous low

AUD/USD

[TraderGirl]

LADIES
Do shorts want to hold over the weekend?
If no, then a covering squeeze could b brutal into the close
No sign of that yet, and SPY will not LOD on that skinny little 5min needle…….should test more low
but just for fun, get the sqz goggles on

Looking at the VIX...it shows it bounced on the pullback today...because of the Jupiter aspect next week on the 9th, and the fact that the VIX now has some room to go back and test support, and the fact that we did not do 5 waves down on SPX...I would not rule out a push higher next week to a higher high...???

Edit: Let me add...I hope not a higher high.....

TG if it is only 3 is it then not A? I see a full 5wave of3 so should we not get an ABC first before the 5th?
Sorry SPX I dont get the VIX

Not sure I am following you, but...

If the SPX has 5 waves down, then most likely get a lower high, then down...

If it gets and abc down instead of 5 waves, there is not guarantee that we will not see a new high...but if we don't get a new high, it can still be considered an A wave....

[sgregs]

There has been a rumor that the Algos subscribe to TA blogs - anyone notice both of the moves (futures) associated with intraday posts from Cobra?