04/17/2013 Live Update

[KeiZai]

ouch XIV not having a good day...18.50 next?

but what then...oy...could get ugly (looks like bull trap on PnF)
http://stockcharts.com/freecharts/gallery.html?s=xiv

IWM is cleared boss. XIV is heading to seaworld

yippie yeaaaaaah I wanna see fish

[L_T]

NYDEC decliners 2300
Down to up volume ratio = 11 to 1
TRIN 2.4
Grizzly trend day

Al do you have a data source that summarizes this for you or do you pull these stats from multiple places? Thanks.

[Cobra]

even bigger volume, still possible a rebound here which would fail.

[EvilTrader]

Yeah your fib retracement hit mr. cobra, nice job.

I assume if bears dont manage a break down decisively from here, its bull's playtime.

[Al_Dente]

Sliced thru support like butter
Next support is 70.42 (the 4/5 low; dome base)

[daytradingES]

@BB and everyone
Is the low in place (ES 1540.25 at 10:09CT)?
-just academic -I'm out - yes stopped out...

[BullBear52x]

way oversold now. coffee time
since yesterday TOS platform is giving me a hard time on 5min. anyone having the same problem or just me?

[Al_Dente]

members only update at 10:33 am
http://www.cobrasmarketview.com/2013/04 ... ay-update/

thanks cobra
can u draw a measured move on spy yet?

Just did before I saw your request.

thanks Chief

[Al_Dente]

NYDEC decliners 2300
Down to up volume ratio = 11 to 1
TRIN 2.4
Grizzly trend day

Al do you have a data source that summarizes this for you or do you pull these stats from multiple places? Thanks.

I have the internals overlaid and underneath my 1min and 5min charts
I just pull them from there
here's one min

[Tabby]

way oversold now. coffee time
since yesterday TOS platform is giving me a hard time on 5min. anyone having the same problem or just me?

It is only you. North Korean messing up with your TOS.

[BullBear52x]

@BB and everyone
Is the low in place (ES 1540.25 at 10:09CT)?
-just academic -I'm out - yes stopped out...

I think more to come. 1528.xx and 100% extension at 1516.xx next

[gappy]

gldyen.png

[BullBear52x]

way oversold now. coffee time
since yesterday TOS platform is giving me a hard time on 5min. anyone having the same problem or just me?

It is only you. North Korean messing up with your TOS.

I got to get me a new computer looks like

[Unique]

Well, I'm done for the day. Good trades today.
Have fun everyone.

Come back if Bears manage to trigger under 155.12, could be an easy free fall momentum trade (sell stop)

Still lurking. Sometimes it's good just to keep an eye on the screen every once in a while you can walk by and see a great 5 minute trade.

This could be fun, look at these potential immediate free fall targets

First target was reached and reversing a bit now.

[Vaamsy]

Cobra, the bullish falling wedge on the VXX is broken, whats the target?

[flrtrader]

1555.51 is the all the way half way back from the bottom, Think they will squeeze'em to there at least. BUT we do still have a target at 1530 Keep in the memory banks!

[Cobra]

this rebound may have legs. here's my wild-est-est-est guess.

[flrtrader]

@BB and everyone
Is the low in place (ES 1540.25 at 10:09CT)?
-just academic -I'm out - yes stopped out...

I think more to come. 1528.xx and 100% extension at 1516.xx next

I agree with your 1530 thought, as posted above. But long looking for a test of 1555

[flrtrader]

Well, I'm done for the day. Good trades today.
Have fun everyone.

Come back if Bears manage to trigger under 155.12, could be an easy free fall momentum trade (sell stop)

Still lurking. Sometimes it's good just to keep an eye on the screen every once in a while you can walk by and see a great 5 minute trade.

This could be fun, look at these potential immediate free fall targets

First target was reached and reversing a bit now.

Did you catch it? If so very nice trade sir

[daytradingES]

@BB and everyone
Is the low in place (ES 1540.25 at 10:09CT)?
-just academic -I'm out - yes stopped out...

I think more to come. 1528.xx and 100% extension at 1516.xx next

Thanks !
I had an estimated range of 19 and 18.50 so far to the low -so I thought it might be done..