06/07/2013 Live Update

[Cobra]

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Consolidation then breakout, not bad, the 100% MM target is 1645.75, in theory of course.

[Apple]

SPY: Pre-market

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/06 ... ay-update/

[gappy]

Hightower morning PM blurb. GLTA.

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[Unique]

ES Update

Perfect V shape rebound, amazing bull market.

We're now near the 1635 resistance, it's once again key time for both sides.

Today could be a relatively hard shake day if no breakout in the morning since yesterday's 2 way action was a gift to day traders.

[Unique]

SPY Update

Lots of resistances right here (major supports turned into resistances)

Time to shake

[Tutti]

test test - this thing on. not seeing any new posts?

[BullBear52x]

Approaching sell the rip spot for Mid to Long term new entry, this will be 2nd sell, for IWM will be 1st.

[Cobra]

good start, this bull may have legs.

[Unique]

ES Update

Perfect V shape rebound, amazing bull market.

We're now near the 1635 resistance, it's once again key time for both sides.

Today could be a relatively hard shake day if no breakout in the morning since yesterday's 2 way action was a gift to day traders.

Breakout testing 200sma now, looks like the market is back to BTFD mentality

[fehro]

SPX 5m, one gap filled, another created.

[BullBear52x]

Too stretch
I can not buy from here intraday will only be flat to down. most likely flat into the weekend, this could just be another boring day for day trade.

[Unique]

Approaching sell the rip spot for Mid to Long term new entry, this will be 2nd sell, for IWM will be 1st.

The closer to 165, the higher prob the sell?

[fehro]

tagging the upper channel, H&S is broken and no longer valid with the yellow neckline.

[Mr. T]

"We're never going down again!!!"

[BullBear52x]

Approaching sell the rip spot for Mid to Long term new entry, this will be 2nd sell, for IWM will be 1st.

The closer to 165, the higher prob the sell?

from that chart I posted, I'll wait for RSI < 70 to push the go evil button, since I am already in the evil camp on SPY on this time frame, my next move will be on IWM/TNA and others. just an example here of where I am on thing.

[Tutti]

Kissed the hourly upper BB:

[simpletrader]

sell half of bottom fishing shares

[jarbo456]

Uempel still on vacay?

[BullBear52x]

IWM for new mid to long term entry. bears porn. for now bull will just kick back and enjoy a summer sun on this time frame.