03/19/2013 Live Update

[Cobra]

members only update at 11:58 am
http://www.cobrasmarketview.com/2013/03 ... ay-update/

[Cobra]

kind like Descending Triangle breakdown, here's the text book target.

cobra, why the second leg(tinted) start from 10:50 low, not from 11:30 high?

because it's descending triangle, not measured move.

[Xian]

Think that might be it for me today. Off to Disneyland. Promised daughter last week we'd go on Tuesday.

"But Daddy, you promised." Are four of the most heartbreaking words a father can hear.

And why, oh why did I ever teach this kid the days of the week?!?!?!

[Cobra]

target met. could be more.

[L_T]

short 155.12

Closed 154.97

Nice. How did you catch 155.12? It was the exact mini top.

I don't trade minis - usually SSO or SDS and I watch the SPY. I give those levels as a reference. When my trade hits I look at SPY level to post it here.

Missed a big move but I don't try to get it all.

Oh I didn't mean mini like that. I meant you picked the exact top in the "mini" time frame I was looking at (5 minute chart after 11 am or so)

[heavenskrow]

WILL SPY SUPPORT HOLD???

[Cobra]

volume surge, biggest bar, so may see rebound here first, but this bear usually should have legs.

[Unique]

Heavenskrow, I'm all out. Done for today

Good luck to you man! and everyone else

[Nage]

kind like Descending Triangle breakdown, here's the text book target.

cobra, why the second leg(tinted) start from 10:50 low, not from 11:30 high?

because it's descending triangle, not measured move.

thanks

[heavenskrow]

Heavenskrow, I'm all out. Done for today

Good luck to you man! and everyone else

later man, ur dream came true! but mine didnt yet

[uempel]

This is a sell on the daily, it isn't yet confirmed by other indicators, but it is a preliminary sell.

[BullBear52x]

SPY 153.55
/ES 1530
conservative target today

[uempel]

1495 pbar, there we go...!!

Seriously: all this mess for only 20 billion bail of a little country???

I don't think it's about the money...

[Al_Dente]

Ok now let’s make sure a little flag doesn’t turn into a buy-to-cover squeeze

http://www.youtube.com/watch?v=2v2JcpolIQU

[heavenskrow]

1495 pbar, there we go...!!

Seriously: all this mess for only 20 billion bail of a little country???

I don't think it's about the money...

quientuves

Quote from Paul Tudor Jones, ""All of those very serious economic issues should be largely irreverent to a great operator. Yes, they are interesting to debate, important to know, but always secondary to the tale the tape tells us on a continual basis.""

[Unique]

Last chart for today, is this count viable for EW?

[BullBear52x]

Ok now let’s make sure a little flag doesn’t turn into a buy-to-cover squeeze

http://www.youtube.com/watch?v=2v2JcpolIQU

hola bear.png

confirmed. I am going for a walk.

[joeynickels]

next stop will be SeaWorld

where's Shamu?

[nightlyhawk]

This is a sell on the daily, it isn't yet confirmed by other indicators, but it is a preliminary sell.

The attachment 76.png is no longer available

Same as with this indicator that I posted from yesterday evening.

BTW, my ST model engine seems to cool down a bit now. However, it needs a couple of day to show any BUY signal.

[ClarkW]

TG: I'm liking the move in $SOX!