02/04/2013 Live Update

Post by **Cobra** » Mon Feb 04, 2013 9:59 am

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Gap down below Friday's low, so the gap might not be filled.

Global ES is testing wedge support (also support area because it's been consolidating here a lot in the past), let's wait and see. The actual key is the thick blue line below, bears need break below that line to confirm double top.

Post by **Cobra** » Mon Feb 04, 2013 10:03 am

Weekly stock picks: viewtopic.php?f=10&t=815&p=116441#p116441

KeiZai · Post by **KeiZai** » Mon Feb 04, 2013 10:04 am

GM

dollar so far so good

O: viewtopic.php?f=2&t=813&p=116227#p116227

DAX

Eurostoxx

Post by **Cobra** » Mon Feb 04, 2013 10:05 am

members only update starts here: http://www.cobrasmarketview.com/2013/02 ... ay-update/

Post by **Cobra** » Mon Feb 04, 2013 10:09 am

I see nothing wrong on DAX yet, usually the very first meaningful pullback would be bought (I didn't mean today), the story only begins if the bought cannot make a new high, so bulls still have time.

uempel · Post by **uempel** » Mon Feb 04, 2013 10:13 am

Check this Fib cycle...

Harapa · Post by **Harapa** » Mon Feb 04, 2013 10:14 am

Momentum Block

Global Equity Futures: Bullish
Key Currency Pairs: Mildly Bullish (3/1 Bullish/Bearish)
SP500 Futures resting at a trend line of significance. Breakdown target is ~1489

KeiZai · Post by **KeiZai** » Mon Feb 04, 2013 10:24 am

US30 : I am still on the bullish side here and thinking about retail trap

O: viewtopic.php?f=2&t=811&p=115878#p115878

Post by **Cobra** » Mon Feb 04, 2013 10:30 am

the open.

KeiZai · Post by **KeiZai** » Mon Feb 04, 2013 10:35 am

just for the record

closing hedge on silver

Mr. BachNut · Post by **Mr. BachNut** » Mon Feb 04, 2013 10:36 am

Light Long.

Composite trend signal still up.
Summation index signal wobbled a bit last week but closed in up mode.

My SKEW chart did put out a correction warning on Friday.
A break of last weeks low would get me neutral.
I'll be paying close attention this week for other signs of a turn.

KeiZai · Post by **KeiZai** » Mon Feb 04, 2013 10:40 am

KeiZai wrote:just for the record closing hedge on silver

uf that was close

Post by **Cobra** » Mon Feb 04, 2013 10:43 am

members only update at 9:43 am
http://www.cobrasmarketview.com/2013/02 ... ay-update/

Post by **Cobra** » Mon Feb 04, 2013 10:47 am

This $VIX chart is what we need pay attention especially if SPX makes another new high while it doesn't follow https://stockcharts.com/public/1684859/ ... /258792096;

TWT · Post by **TWT** » Mon Feb 04, 2013 10:58 am

$SPX: If a pullback has been kickedoff it is required an eod print < 10 dma = 1499

Al_Dente · Post by **Al_Dente** » Mon Feb 04, 2013 11:12 am

NYDEC 2000

cosmos · Post by **cosmos** » Mon Feb 04, 2013 11:22 am

TWT wrote:$SPX: If a pullback has been kickedoff it is required an eod print < 10 dma = 1499

cobra, can you please explain.

Harapa · Post by **Harapa** » Mon Feb 04, 2013 11:22 am

PAGING UEMPEL
Germans lead

In this transformation using identical parameters VDAX (VIX equivalent for DAX index) seems to hint a change in trend a little bit earlier than VIX

Currently: Bullish SPY

chetas · Post by **chetas** » Mon Feb 04, 2013 11:23 am

" bears should make decisive new low, otherwise its over for bears "

cobra please dont say anything like that today , need to make some money

Daniel-David · Post by **Daniel-David** » Mon Feb 04, 2013 11:23 am

If SPY hits 150.10 it will have broken both Cobra support line and 15min bar 200MA at the same time..

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