12/20/2012 Live Update

[Cobra]

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Small gap up within yesterday's range, so the gap might be filled.

The rebound overnight doesn't look strong, can be read as a Bear Flag, so the Global ES might have another leg down, fib 61.8% MM target at 1422.85.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2012/12 ... ay-update/

[Cobra]

Euro MM and C&H target.

[gappy]

Happy Last Day! What you say we watch em run some stops up there and......

bearsanta.jpg

http://www.youtube.com/watch?v=2nEfuE8Pw4U

[BullBear52x]

GM,
KeiZai spot a spike on IWM yesterday and he got his panda target here download/file.php?id=34932&mode=view very nice.

I got forewarn of daily Doji, (evening star in the making? due to its position), exhaustion volume, and over bought b%. the top is near if no there yet, so I am seeing counter trend season for IWM.

The swing set up is far from go bear signal, like I said, the season is about to open die-hard it is time to get the season pass, see MACD for confirmation

[Royal Flush]

I see that the opening bar yesterday had Trend Channel Line Overshot (circle) which was a 25% extension of the 2nd leg up. These are characteristics of the completion of a wedge.

[gappy]

russ.png

GM,
KeiZai spot a spike on IWM yesterday and he got his panda target here download/file.php?id=34932&mode=view very nice.

I got forewarn of daily Doji, (evening star in the making? due to its position), exhaustion volume, and over bought b%. the top is near if no there yet, so I am seeing counter trend season for IWM.

1.JPG

The swing set up is far from go bear signal, like I said, the season is about to open die-hard it is time to get the season pass, see MACD for confirmation

2.JPG

[jademann]

Bullbear, I agree with your views, GL!

[Cobra]

the open.

[Cobra]

gold is near 100% MM target.
https://stockcharts.com/public/1684859/ ... /124844123;

[Harapa]

I am humbled by your interest in this post.
viewtopic.php?f=2&t=768&sid=6c05f89257c ... df#p109964

Thank You Smily.jpg (9.4 KiB) Viewed 9324 times

If you traded this setup, this table may help you manage it. Table shows return of each trade based on closing day. Second column "^RUT" marks the exit points; 30/31 last trading day of the month, 1,2,.. First or 2nd trading day of the month. GL2U

[gappy]

rev.jpg

http://www.youtube.com/watch?v=425GpjTSlS4

[Harapa]

GM,
KeiZai spot a spike on IWM yesterday and he got his panda target here download/file.php?id=34932&mode=view very nice.

I got forewarn of daily Doji, (evening star in the making? due to its position), exhaustion volume, and over bought b%. the top is near if no there yet, so I am seeing counter trend season for IWM.

1.JPG

The swing set up is far from go bear signal, like I said, the season is about to open die-hard it is time to get the season pass, see MACD for confirmation

2.JPG

I don't want to throw cold water on the observation but in all likelyhood it was an artifact commonly observed at times when brokers switch futures to the next period. Most FOREX brokers (I believe he is using a FOREX broker feed) switched RUT futures from DEC to MAR this week. Also. I didn't see that p-bar on any of my feeds. Just FYI.

[Mr. BachNut]

Net Long. Carrying both long and short positions.

My trend and summation index signals remain up.
To my surprise, yesterday's bearish action did little damage to their internals.
We'll have to see what today brings, but the trend remains up.

Today is day 2 under an ARMs sell warning.
I took on some short yesterday to honor it.
I believe the warning went effective yesterday, and the sale is on.
Unfortunately, it is a little ambiguous here.
The TRIN got pretty high late yesterday but remained below 2.
Above 2 and the sale is just about over. Yesterday's level causes doubt but we stay on the horse for now but ready to jump off.

[BullBear52x]

Net Long. Carrying both long and short positions.

My trend and summation index signals remain up.
To my surprise, yesterday's bearish action did little damage to their internals.
We'll have to see what today brings, but the trend remains up.

Today is day 2 under an ARMs sell warning.
I took on some short yesterday to honor it.
I believe the warning went effective yesterday, and the sale is on.
Unfortunately, it is a little ambiguous here.
The TRIN got pretty high late yesterday but remained below 2.
Above 2 and the sale is just about over. Yesterday's level causes doubt but we stay on the horse for now but ready to jump off.

I see ARM index of no use of late especially when you have the FED and all of the big central bankers will do what it takes to make sure the inflation is alive and well, war on deflation is at its max. for us little guy just play with little time and money in our life time nothing we can do.

[Al_Dente]

GOLD
Whale John Paulson is the single largest holder of GLD
MS yesterday advised their Wealth Mgmt clients to sell two Paulson funds.
In addition to GLD, he also holds physical bullion, NG, ANG, GFI, AU, and others.
Here’s his latest SEC filing with holdings listed:
http://www.sec.gov/Archives/edgar/data/ ... 093012.txt


GUARANTEED he is (and will continue) selling his most liquid holdings (GLD and mining stocks) to meet redemptions

[I believe BAC still has +/- 200 whale clients long gold via Paulson … I’m wondering if BAC will be next to dump him?

Anyone with additional info, PLEASE POST….

On the bullish side: this is OLD NEWS but bullish gold
“…Basel III rules are set to go into effect January 1, 2013 …
“… For the first time in 42 years, gold is being brought back into our financial system as money.… Banks are already preparing for the full implementation of gold's dominance as the new first class security for banking… Major brokerage firms … have started accepting gold as collateral in a role typically filled with Treasuries or their equal….”
http://seekingalpha.com/article/1016161 ... view&ifp=0

[flrtrader]

Will this take place today during market hours? I doubt it passes but could be a big MM

Anyone have info?

Thanks

Also

Boehner to hold press briefing at 1:15 pm

[Nage]

Hi All, I am new here, but have been reading and flipping cobra's public chart every day.
one comment from cobra yesterday about VIX extended outside BB. Yesterday is VIX option expiration day, and there were some talks that GS has been manipulate the closing price to burn small investors. so I would not read that too much.

keep up the good works all!

[Out of Bounds]

Looks to be real. No sign from Snog yet.

[KeiZai]

GM,
KeiZai spot a spike on IWM yesterday and he got his panda target here download/file.php?id=34932&mode=view very nice.

I got forewarn of daily Doji, (evening star in the making? due to its position), exhaustion volume, and over bought b%. the top is near if no there yet, so I am seeing counter trend season for IWM.

The attachment 1.JPG is no longer available

The swing set up is far from go bear signal, like I said, the season is about to open die-hard it is time to get the season pass, see MACD for confirmation

The attachment 2.JPG is no longer available

Yep usually when this huge bars appear there is some counter move against them for few days (p-bars are HFT calculations for future price move) so maybe they are in buy the dips mode with this target

No harapa it have nothing to do with switching or they are switching futures (and other stuff) almost every day? You don´t need to trust to these bars, I post them only FOR FUN! but the truth is statistics is 99.9% based on more than 50bars actually only one have not been met (yet) (statistics is only for russell futures)

btw I have data feed to MT4 from "broker" who actually don´t have web-page

for clarification : I have one very good friend who programmed HFT software and he said me that p-bars are HFT calculations if u know what is "program trading" u know what I am talking about