07/10/2013 Live Update

[Cobra]

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A little pullback, so far looks like a bull flag, so nothing wrong yet.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/07 ... ay-update/

[fehro]

SPX 5m

[fehro]

SPX 60m

[Al_Dente]

Tesla (TSLA) will replace Oracle (ORCL) in the Nasdaq 100 (QQQ) on Monday, when ORCL moves to the NYSE

[fehro]

possible minor H&S on SPX 5m.. take it with a grain of salt.... could build several H&S today... pink necklines.. should we stair step down on Fed news...

[KeiZai]

Hi folks I am looking to play the short side again, not yet but soon

Lets hope benny will give us a nice squeeze

R2K BP : download/file.php?id=43950&mode=view

[Cobra]

members only update at 10:07 am
http://www.cobrasmarketview.com/2013/07 ... ay-update/

[Al_Dente]

internals
one min

[Mr. BachNut]

Long. Stop under yesterday's lows.

My summation index signals are up but overbought.
My composite trend indicator signal turned up yesterday.

As my trend signal turned up, I would add to longs but for the overbought readings I am seeing.
A dip would be buyable if it doesn't whipsaw the signal.

While the trend turned up, some of the internals remain weak enough to be a concern.
That combined with overbought readings suggests good conditions for a downdraft soon.
I believe though that there are buy stops above that may need to get run first before a turn. Just a guess...anything can happen.

I had a short which got fired for poor performance yesterday morning.
My long remains on the job but will be retired on a downdraft.
The intent would be to hire a fresh long after overbought conditions are resolved.

[uempel]

Most important indicators today:

FOMC Minutes
2:00 PM ET

Ben Bernanke Speaks
4:10 PM ET

[uempel]

Mr. Bachnut, I sent you a private message

Long. Stop under yesterday's lows.

My summation index signals are up but overbought.
My composite trend indicator signal turned up yesterday.

As my trend signal turned up, I would add to longs but for the overbought readings I am seeing.
A dip would be buyable if it doesn't whipsaw the signal.

While the trend turned up, some of the internals remain weak enough to be a concern.
That combined with overbought readings suggests good conditions for a downdraft soon.
I believe though that there are buy stops above that may need to get run first before a turn. Just a guess...anything can happen.

I had a short which got fired for poor performance yesterday morning.
My long remains on the job but will be retired on a downdraft.
The intent would be to hire a fresh long after overbought conditions are resolved.

[Cobra]

members only update at 10:19 am
http://www.cobrasmarketview.com/2013/07 ... ay-update/

[Cobra]

complex H&S top, target I dare not believe.

[user13]

Crude - big draw on inventories (jumping)

[Me XMan]

Gone shorts for the day...let's see if I can make some dough today.

[Heck]

Bonds and Gold Up.
Stocks down...

[TWT]

$SPX: Follow up of the DZZ count

[daytradingES]

Choppy messed until FOMC.
BB vid:
http://screencast.com/t/dIcDnAnBNiL

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collection of SPY

Cobra H&S target ~164.50
Mr M Pbar 163.94
ST auto s/r levels from TD (20 bars) daily:
164.52
163.08

[nightwolf]

Is this P-Bar from Mr. M still open? 166.37$ targets


Hey kids, late riser today, in case anyone missed, the SPY 160.10$ pBar from yesterday was taken out this morning.
There's 163.47$ and 166.37$ targets on the upside left.by MrMiyagi
Wed Jun 26, 2013 12:54 pm