02/28/2013 Live Update

Post by **Cobra** » Thu Feb 28, 2013 9:53 am

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Flat open, any gap will be filled.

The Global ES looks good, a consolidation at the high end of a strong push up usually means continuation. So I don't believe it's Double Top (I might be wrong).

TWT · Post by **TWT** » Thu Feb 28, 2013 9:54 am

SPX: Follow Up of the Short Term EWP

http://www.thewavetrading.com/2013/02/2 ... rm-ewp-87/

Post by **Cobra** » Thu Feb 28, 2013 9:57 am

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

Harapa · Post by **Harapa** » Thu Feb 28, 2013 10:10 am

Momentum Block

Global Equity Futures: Neutral
Key Currency Pairs: Bearish (Bearish SPY)
Hello, Currency Traders

Equity Bulls need your help.

TraderJoe · Post by **TraderJoe** » Thu Feb 28, 2013 10:15 am

A rather cute/clever article - 'Danger as stock-market ‘Greedometer’ flashes red', and it's interactive (a bit slow to load)
http://www.marketwatch.com/story/danger ... =rss&rss=1

KeiZai · Post by **KeiZai** » Thu Feb 28, 2013 10:31 am

DAX : likely one more leg up is missing, then it's good short for at least some kind of retrace

Same with Eurostoxx

Post by **Cobra** » Thu Feb 28, 2013 10:31 am

the open.

TWT · Post by **TWT** » Thu Feb 28, 2013 10:36 am

$EURUSD: The EWP suggests that lower lows are more likely than higher highs

Al_Dente · Post by **Al_Dente** » Thu Feb 28, 2013 10:45 am

PAGING OOB
please post snogger when u have time
GL2U

Out of Bounds · Post by **Out of Bounds** » Thu Feb 28, 2013 10:49 am

Al_Dente wrote:PAGING OOB
please post snogger when u have time
GL2U

Waiting for 10 AM - still pointing up but need another read to see if softening.

Al_Dente · Post by **Al_Dente** » Thu Feb 28, 2013 10:50 am

[EDIT: CORRECTION: ONLY TRIN WENT BEAR]
but the internals turn bear already
???

Al_Dente · Post by **Al_Dente** » Thu Feb 28, 2013 10:51 am

Out of Bounds wrote:
Al_Dente wrote:PAGING OOB
please post snogger when u have time
GL2U
Waiting for 10 AM - still pointing up but need another read to see if softening.

just saw this
ok boss
thx

Out of Bounds · Post by **Out of Bounds** » Thu Feb 28, 2013 10:52 am

Slope seems to be flattening

: Capture.JPG (48.86 KiB) Viewed 7362 times

Out of Bounds · Post by **Out of Bounds** » Thu Feb 28, 2013 11:01 am

Yep, it's rolling over. Early afternoon?

kenttown · Post by **kenttown** » Thu Feb 28, 2013 11:03 am

Cobra, is bump-and-run dead?

Out of Bounds · Post by **Out of Bounds** » Thu Feb 28, 2013 11:05 am

Out of Bounds wrote:Yep, it's rolling over. Early afternoon?

Yikes this market turns fast. Sticking with conviction that top is in.

Post by **Cobra** » Thu Feb 28, 2013 11:07 am

members only update at 10:07 am
http://www.cobrasmarketview.com/2013/02 ... ay-update/

Post by **Cobra** » Thu Feb 28, 2013 11:08 am

kenttown wrote:Cobra, is bump-and-run dead?

I think so. Even the top was in, I'll find another excuse instead of bump and run top.

KENA · Post by **KENA** » Thu Feb 28, 2013 11:11 am

Long term H & S has been forming on the NAS. 100..The NAS. 100 is not as great as the mkt wants you to belive..If it does break and the H & S breaks we could have a drop of 22 % over a period of time.The Nas. by its self could bring the rest of the mkt dn with it. Info,but it is good to know what may happen..

: chart by stocktiming

TraderGirl · Post by **TraderGirl** » Thu Feb 28, 2013 11:12 am

XIV....bearish intraday if it can fall out of this channel...

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