Back to www.cobrasmarketview.com

06/28/2013 Live Update

User avatar
Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 06/28/2013 Live Update

Post by Out of Bounds »

12:50 PM bar SPY up to 161.28. Anyone else see it?
...
TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 06/28/2013 Live Update

Post by TraderGirl »

On Sunday I posted we could see a high of some kind by this Thurs or Friday...bingo... :D :D
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/28/2013 Live Update

Post by Al_Dente »

it's possible bulls may be safe for another week [???]
if VIX CLOSES TODAY below its 200ma [edit: WEEKLY]
(it’s pretty far away)
628vix close.png



Also, FWIW GRAIN OF SALT ONLY
Mildly bullish into july 4
http://www.thewholestreet.com/cgi-bin/r ... 3SA2HDYZV0
Last edited by Al_Dente on Fri Jun 28, 2013 1:10 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 06/28/2013 Live Update

Post by Out of Bounds »

Out of Bounds wrote:12:50 PM bar SPY up to 161.28. Anyone else see it?

It just showed up on 1.02
...
User avatar
MrMiyagi
Posts: 10336
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Out of Bounds wrote:12:50 PM bar SPY up to 161.28. Anyone else see it?
Attachments
1298.png
User avatar
Unique
Posts: 3911
Joined: Tue Sep 06, 2011 3:19 pm

Re: 06/28/2013 Live Update

Post by Unique »

AAPL Update - Patience paid well

2nd target attempt is finished, it couldn't break 385 first try. Now it's time for the oversold bounce, then look for bears again :D

viewtopic.php?f=2&t=969&p=135013#p135013
Attachments
aapl_june_28_60.PNG
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
SERVO
Posts: 52
Joined: Fri Apr 26, 2013 11:04 am

Re: 06/28/2013 Live Update

Post by SERVO »

Unique wrote:AAPL Update - Patience paid well

2nd target attempt is finished, it couldn't break 385 first try. Now it's time for the oversold bounce, then look for bears again :D

viewtopic.php?f=2&t=969&p=135013#p135013
How big do you think over sold bounce will be ~$40-$50? TIA
User avatar
joeynickels
Posts: 140
Joined: Tue May 31, 2011 9:27 am

Re: 06/28/2013 Live Update

Post by joeynickels »

Possibly a triangle will form in the range between yesterday high and this morning low. So could be just range day today. I'm swing long now as my 2 hour SPY chart is riding the 13 SMA which made bullish crossover of the 21 SMA yesterday and continues to point upside. SPY has retested the strong resistance at the confluence of the 50 SMA and middle BB on the daily chart. It's the perfect area for shorts to enter with stops placed above the confluence Consolidation here in a range without resolution today sets up for a POSSIBLE bear trap short squeeze on Monday, especially if a gap up open. Seasonality also appears favorable for bullish chances. So I don't think Cobra is daydreaming. GLTA.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/28/2013 Live Update

Post by Cobra »

i'm neutral. this rebound probably has small legs at least though.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/28/2013 Live Update

Post by Al_Dente »

So…….VIX futures traders will start getting margin calls when?
At today’s close?
Or on Monday?
Anyone?

Re-post old news: “VIX Futures Margin Requirements To Increase After Today's Close”
http://seekingalpha.com/article/1525982 ... icle_title
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
MrMiyagi
Posts: 10336
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Looks like Bullish bias for now to me.
TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 06/28/2013 Live Update

Post by TraderGirl »

AAPL...iii or v waves for wave (5)? Bounce to red 50 ma? wave (ii) and wave (iv) can sometimes be the same height...
Attachments
Screen Shot 2013-06-28 at 10.24.54 AM.png
1der
Posts: 656
Joined: Thu Mar 24, 2011 4:03 pm

Re: 06/28/2013 Live Update

Post by 1der »

Triangle Update
Note 14850 VOL Chart = approx 3 to 5 mins.
Also note symmmetry - a beautiful thing :D
Attachments
ES 6_28 Triangle UPDATE_1.jpg
thanos
Posts: 97
Joined: Thu Jun 23, 2011 12:05 pm

Re: 06/28/2013 Live Update

Post by thanos »

With the spx hitting the converging 50 and 20 day MA yesterday it was going to be hard to break that especially on this low volume move up for the past few days. Could see a retest if 1594 is broken.
User avatar
Unique
Posts: 3911
Joined: Tue Sep 06, 2011 3:19 pm

Re: 06/28/2013 Live Update

Post by Unique »

SERVO wrote:
Unique wrote:AAPL Update - Patience paid well

2nd target attempt is finished, it couldn't break 385 first try. Now it's time for the oversold bounce, then look for bears again :D

viewtopic.php?f=2&t=969&p=135013#p135013
How big do you think over sold bounce will be ~$40-$50? TIA
413-415 as max for now..don't see any very bullish hourly bars yet. Treating this as a dead cat bounce only in order to look for the next bear attack.
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
User avatar
Unique
Posts: 3911
Joined: Tue Sep 06, 2011 3:19 pm

Re: 06/28/2013 Live Update

Post by Unique »

Unique wrote:DUST pretty good for day trades these few days. It meets measure moves very quickly. Fun stuff :twisted:
DUST Update

Price at the last major support I have, it is key time. Hero bulls need to attempt to bounce or else daily 20EMA is at 113~ if support line breaks
Attachments
dust_june28_5_2.PNG
dust_june28_60_2.PNG
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
thanos
Posts: 97
Joined: Thu Jun 23, 2011 12:05 pm

Re: 06/28/2013 Live Update

Post by thanos »

Unique wrote:
Unique wrote:DUST pretty good for day trades these few days. It meets measure moves very quickly. Fun stuff :twisted:
DUST Update

Price at the last major support I have, it is key time. Hero bulls need to attempt to bounce or else daily 20EMA is at 113~ if support line breaks
I would 'suspect' a rally to $123 on the GLD. Which is neither here nor there. :)
Last edited by thanos on Fri Jun 28, 2013 1:49 pm, edited 1 time in total.
TraderGirl
Posts: 5031
Joined: Thu Dec 22, 2011 2:47 pm

Re: 06/28/2013 Live Update

Post by TraderGirl »

Dow more bearish than SPY as of now...continuation pattern from yesterday worked out...abc down....now the 50ma (red) could cross 200 ma (black) at some point today...
Attachments
Screen Shot 2013-06-28 at 10.46.56 AM.png
User avatar
Unique
Posts: 3911
Joined: Tue Sep 06, 2011 3:19 pm

Re: 06/28/2013 Live Update

Post by Unique »

thanos wrote:
Unique wrote:
Unique wrote:DUST pretty good for day trades these few days. It meets measure moves very quickly. Fun stuff :twisted:
DUST Update

Price at the last major support I have, it is key time. Hero bulls need to attempt to bounce or else daily 20EMA is at 113~ if support line breaks
I would 'suspect' a rally to $123 on the GLD. Which is neither here nor there. :)
Just fyi DUST = 3x bear gold miners..don't wanna confuse anyone
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
thanos
Posts: 97
Joined: Thu Jun 23, 2011 12:05 pm

Re: 06/28/2013 Live Update

Post by thanos »

Unique wrote:
thanos wrote:
Unique wrote:
Unique wrote:DUST pretty good for day trades these few days. It meets measure moves very quickly. Fun stuff :twisted:
DUST Update

Price at the last major support I have, it is key time. Hero bulls need to attempt to bounce or else daily 20EMA is at 113~ if support line breaks
I would 'suspect' a rally to $123 on the GLD. Which is neither here nor there. :)
Just fyi DUST = 3x bear gold miners..don't wanna confuse anyone

I think i'm the one confusing everyone posting about GLD when you are talking gold miners! :)
Post Reply