03/22/2013 Live Update

[Cobra]

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Gap up within yesterday's range, so the gap might be filled.

Could be a Symmetrical Triangle formed on the Global ES, so the chart is a little bit bullish biased. Also the current rebound looks have more to go.

[Cobra]

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

[Unique]

AAPL, ES and GS Update

[gappy]

crude.png

CL seasonal fibs from Aaron Lynch for later. http://tradingtutors.com/index.php/mark ... source=ttn GLTA today.

[Cobra]

the open.

[L_T]

AAPL, ES and GS Update

I like the GS short idea.

[Out of Bounds]

Snog says clear signal at 2PM. Merely reactive until then, so its crystal ball is not working.

1st snog is each bar's closing value
2nd snog is average of each bar's value. (open, high, low, close)

[Out of Bounds]

See how reactive? Bottom snog flipped already - WAIT until 2pm to use.

[Out of Bounds]

Small long 154.92 - underwater before i could even type it.

[tomsky]

Snog says clear signal at 2PM. Merely reactive until then, so its crystal ball is not working.

1st snog is each bar's closing value
2nd snog is average of each bar's value. (open, high, low, close)

Maybe you should use it on Global ES so you won't have gaps.

[gappy]

Small long 154.92 - underwater before i could even type it.

The race not always won by the swiftest. Bet the surest! http://www.youtube.com/watch?v=MVZxiQnOA-A

[BullBear52x]

all I know it's not going to be quiet Friday

[TradingJackal]

Looks like an island reversal on GLD. Will watch it today. Opportunity to short for a couple of days at least. This island reversal has played out at least a couple of time on GLD on its way down. Not sure it will work so close to support but have to try it.

[Out of Bounds]

Snog says clear signal at 2PM. Merely reactive until then, so its crystal ball is not working.

1st snog is each bar's closing value
2nd snog is average of each bar's value. (open, high, low, close)

Maybe you should use it on Global ES so you won't have gaps.

Tried that. the swings overnight throw it way off. Wild swings with very little volume (comparatively) mixed with heavy volume during day just makes for a bad mix.
As far as indicators go,the more I use this, the more I like it - i'll just live with the gap interference.

[TumblingDice]

Looks like an island reversal on GLD. Will watch it today. Opportunity to short for a couple of days at least. This island reversal has played out at least a couple of time on GLD on its way down. Not sure it will work so close to support but have to try it.

Not sure the pattern fits since yesterday's range overlaps with Tuesday's range. Either way, for GLD especially island reversals can't be too reliable since gold is traded 24 hours a day with volume. My guess on why it worked previously was that it going with the trend and a there was a shooting star pattern on the futures. Also if GLD can hold the 50 on the daily RSI it might want to tag 70 as it hasn't been there in a few months.

[L_T]

Paging Al re: relative strength. smallies IWM are weakest this morning right? Thanks.

[Cobra]

members only update at 10:05 am
http://www.cobrasmarketview.com/2013/03 ... ay-update/

[Cobra]

I'm neutral. may test yesterday's high? (red line above)

[Mr. BachNut]

Long.
Haven't done a thing but watch the market swing.

Composite trend indicator signal is up but deteriorating.
Summation index signal goes to down on a break of Tuesday's low.

I am finding the recent action troubling.
In particular, the Dow did tag the Tuesday low yesterday.
If things march up from there making that a double bottom fine.
If that low gets broken on the other hand, it could be a significant failure.
I'll be watching today's close closely. May be pointless though if there are Cypress surprises over the weekend.
Got my hand on the rip cord. May go neutral to avoid weekend worry.

[Al_Dente]

Paging Al re: relative strength. smallies IWM are weakest this morning right? Thanks.