05/17/2013 Live Update

[Cobra]

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Huge gap up, within yesterday's range, so not sure whether the gap will be filled or not.

Not sure what it is on Global ES, Symmetrical Triangle?

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/05 ... ay-update/

[jarbo456]

getting quieter and quieter eh? well i'm still here cobra...

[Tutti]

getting quieter and quieter eh? well i'm still here cobra...

Me 3. I think we are all sitting here quietly laughing in awe of this tape.

[L_T]

getting quieter and quieter eh? well i'm still here cobra...

No need for TA when the trend is always up. Just be long right?

For kicks I looked at a daily SPY and saw that if you measured the health of the trend based on the 13, 20, and 34 EMA's (13 above 20 above 34) you would have been and stayed long since about the 1st of December. A trend with this little volatility should make life easy right?

[Al_Dente]

Dollar weekly
Critical juncture; double top…….
[update: this chart is eod end of day, yesterday. This morning the USD broke out]

[Al_Dente]

40 stocks that are the farthest above their 50-days as of late Tuesday afternoon
“… pretty crazy.”
[Bespoke]
http://seekingalpha.com/article/1439871 ... ve-50-dmas

[Richarab]

I am here.. Not laughing however

[uempel]

Playing around with this small ellipse which was generated last week. Quite incredible

[Tutti]

40 stocks that are the farthest above their 50-days as of late Tuesday afternoon
“… pretty crazy.”
[Bespoke]
http://seekingalpha.com/article/1439871 ... ve-50-dmas

Ran that scan and here is a list for anyone who wants to import the names to review their charts:

Higherst Above 50D SMA 17MAY13.txt

(268 Bytes) Downloaded 169 times

[Cobra]

members only update at 10:07 am
http://www.cobrasmarketview.com/2013/05 ... ay-update/

[Cobra]

testing yesterday's high. wait.

[Al_Dente]

TRADERGIRL
GDX on the daily
Testing/breaking double bottom
I’m expecting a bounce and re-test here somewhere; if failure, then my next downside target is 22.04 GDX.

[uempel]

Update:

[uempel]

testing yesterday's high. wait.

Cobra, DAX is breaking higher. Not sure if today's move above 8400 is only due to opex (options with strikes at that level) or if the move is sustainable into next week

[Unique]

Keizai coffee is back to 50DMA, will have to watch it again for next week. This the impulsive wave 2 pullback?



Typical boring ranged day for OpEX, not much to do. Have a great weekend peeps

[Cobra]

consolidation would be good for bulls.

[Cobra]

testing yesterday's high. wait.

Cobra, DAX is breaking higher. Not sure if today's move above 8400 is only due to opex (options with strikes at that level) or if the move is sustainable into next week

the higher the better. Better up everyday for the rest of our lives!

[Tutti]

40 stocks that are the farthest above their 50-days as of late Tuesday afternoon
“… pretty crazy.”
[Bespoke]
http://seekingalpha.com/article/1439871 ... ve-50-dmas

Ran that scan and here is a list for anyone who wants to import the names to review their charts:

The attachment Higherst Above 50D SMA 17MAY13.txt is no longer available

Also, stocks furthest from their 200D SMA:

Higherst Above 200D SMA 17MAY13.txt

(123 Bytes) Downloaded 170 times

[Al_Dente]

Corey on AMZN
“…price behavior (supply/demand) at a key inflection point."
“…favoring a bearish outcome. However, as traders, we are always aware to alternate possibilities if only for risk-management strategies (placing stops above an expected resistance zone). It would be far too easy if everything worked exactly as expected !”
http://blog.afraidtotrade.com/strategy- ... azon-amzn/