03/08/2013 Live Update

Post by **Cobra** » Fri Mar 08, 2013 9:49 am

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Gap up above yesterday's high, so the gap might not be filled.

I don't know what pattern is on the Global ES, I'll see it as Ascending Triangle for now. The bottom line, this bull has legs.

Post by **Cobra** » Fri Mar 08, 2013 9:53 am

members only update starts here: http://www.cobrasmarketview.com/2013/03 ... ay-update/

Post by **Cobra** » Fri Mar 08, 2013 9:54 am

DAX bull should have legs.

TWT · Post by **TWT** » Fri Mar 08, 2013 9:57 am

SPX: Follow up of the short term EWP

http://www.thewavetrading.com/2013/03/08/5034/

Harapa · Post by **Harapa** » Fri Mar 08, 2013 10:11 am

Momentum Block

Bullish for US equities.
Details are posted here.
http://harapaninvesting.blogspot.com/20 ... -2013.html

If you remember this, please don't curse me for it.
viewtopic.php?f=2&t=846&sd=d&sid=6d40d0 ... 5e#p121349

TWT · Post by **TWT** » Fri Mar 08, 2013 10:13 am

$EURUSD: Another rejection at the 10dma ?(Not expected)

flrtrader · Post by **flrtrader** » Fri Mar 08, 2013 10:20 am

Harapa wrote: Momentum Block
Bullish for US equities.
Details are posted here.
http://harapaninvesting.blogspot.com/20 ... -2013.html

If you remember this, please don't curse me for it.
viewtopic.php?f=2&t=846&sd=d&sid=6d40d0 ... 5e#p121349

I gues my understanding sucks! But to me "High Risk Long" means more risky to be long? If thats the case no harm done your just trying to help. Good news is I had been swing short yesterday and went out flat! But I do think we have a reasonable short coming next week.

Your thoughts on that matter would be great.

Flrtrader

TWT · Post by **TWT** » Fri Mar 08, 2013 10:21 am

$TLT: It is xpected to open with a large gap down now at 114.89

Harapa · Post by **Harapa** » Fri Mar 08, 2013 10:22 am

flrtrader wrote:
Harapa wrote: Momentum Block
Bullish for US equities.
Details are posted here.
http://harapaninvesting.blogspot.com/20 ... -2013.html
If you remember this, please don't curse me for it.
viewtopic.php?f=2&t=846&sd=d&sid=6d40d0 ... 5e#p121349
I gues my understanding sucks! But to me "High Risk Long" means more risky to be long? If thats the case no harm done your just trying to help. Good news is I had been swing short yesterday and went out flat! But I do think we have a reasonable short coming next week.
Your thoughts on that matter would be great.
Flrtrader

Check your PM.

Out of Bounds · Post by **Out of Bounds** » Fri Mar 08, 2013 10:28 am

Harapa wrote:
flrtrader wrote:
Harapa wrote: Momentum Block
Bullish for US equities.
Details are posted here.
http://harapaninvesting.blogspot.com/20 ... -2013.html
If you remember this, please don't curse me for it.
viewtopic.php?f=2&t=846&sd=d&sid=6d40d0 ... 5e#p121349
I gues my understanding sucks! But to me "High Risk Long" means more risky to be long? If thats the case no harm done your just trying to help. Good news is I had been swing short yesterday and went out flat! But I do think we have a reasonable short coming next week.
Your thoughts on that matter would be great.
Flrtrader
Check your PM.

Harapa, flrtrader is not alone. I am confused by that statement. What exactly are you saying?

i went long yesterday after you chided me and the Snog turned green. glad i did!

Post by **Cobra** » Fri Mar 08, 2013 10:31 am

the open.

L_T · Post by **L_T** » Fri Mar 08, 2013 10:32 am

Cobra wrote:the open.

Is this one of those days that will start high and slide lower???

Harapa · Post by **Harapa** » Fri Mar 08, 2013 10:34 am

Out of Bounds wrote:Harapa, flrtrader is not alone. I am confused by that statement. What exactly are you saying?
i went long yesterday after you chided me and the Snog turned green. glad i did!

I am royally embarrassed by this post of mine.

I can't say more than this.

Al_Dente · Post by **Al_Dente** » Fri Mar 08, 2013 10:37 am

Another huge gap down TLT (pink circle).
Sliced through rather important support.
In the last half hour yesterday it printed volume that in the past has indicated a bounce zone, but maybe this time is different.

Post by **Cobra** » Fri Mar 08, 2013 10:38 am

members only update at 9:38 am
http://www.cobrasmarketview.com/2013/03 ... ay-update/

uempel · Post by **uempel** » Fri Mar 08, 2013 10:41 am

Update SPX:

TWT · Post by **TWT** » Fri Mar 08, 2013 10:42 am

$SPX: This is the missing thrust out of the Triangle wave (X)

Al_Dente · Post by **Al_Dente** » Fri Mar 08, 2013 10:43 am

Wholesale inventories at 10:00 amET
consensus 0.2% (or 0.4 depending on your source) vs prior -0.1%

Al_Dente · Post by **Al_Dente** » Fri Mar 08, 2013 10:46 am

Cobra wrote:members only update at 9:38 am
http://www.cobrasmarketview.com/2013/03 ... ay-update/

Snaker: YOUR TARGETS ROCK !! AGAIN !!
thank you

taggard · Post by **taggard** » Fri Mar 08, 2013 10:46 am

1. whatever is going on now will continue until it ends--when it ends something new will happen.
2. monthly spx price action does not exceed about 200 spx points on the upside- from the monthy 20 ema. we are about 160 right now
3. weekly spx--after first serious hit and hold of the 10 ema--often prints 2-3 weeks up hard. totaling maybe 50-100 points from the hit area we are up about 60+ now.
4. action near tops looks different--it gets more extreme
5. next week is march options ex
6. the 36,000 dow guy just came out and said--yo dudes this stuff could like happen in 5 years or whatever. Grantham as a joke--never a truer word than spoken in jest--suggested a while back that "maybe what we need is to hear the 36k tout again.

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