07/17/2013 Live Update

[springheel_jack]

We've been testing the ES 50 hour MA most of the day.

Boring day. I had a couple of nice trades though.

[Cobra]

members only update at 3:29 pm
http://www.cobrasmarketview.com/2013/07 ... ay-update/

[Al_Dente]

[fehro]

SPX 5m.. retest of the the triangle?.. now a gap fill into the close?.. or stop on it and open gap down below channels and gap... and make a nice little island top?

[BullBear52x]

I bet no one saw a bear flag coming do you?

[Mr. T]

I bet no one saw a bear flag coming do you?

Which bear flag??? The white one they always wave?

[PanamaJack]

I bet no one saw a bear flag coming do you?

I did see the $NYDEC:$NYADV - Red Line moving above the Blue Line - EMAENV 20

Good Trades Everyone - And I have some shorts that are almost ready
PanamaJack

[Cobra]

well, guess that's it for today. tomorrow unlike would be another gap up open as we have 6 gap up open in the row now which tie the gap up open record since the 2009 bull market. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thank. http://stockcharts.com/public/1684859/tenpp

[MrMiyagi]

SPY

[Me XMan]

Get yer shorts on for tomorrow

[Wallstreetrader]

gift

[auger]

/ES Many traders positioning for a bull flag, but I think it breaks down

[TWT]

$SPX: Maybe price is forming a triangle (I maintain 2 options)

[auger]

Hah, don't mind $INDU. IBM

[Cobra]

well, guess that's it for today. tomorrow unlike would be another gap up open as we have 6 gap up open in the row now which tie the gap up open record since the 2009 bull market. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thank. http://stockcharts.com/public/1684859/tenpp

Sorry, I was wrong, it's not 6 gap up in a row.

[springheel_jack]

A gap up definitely on the cards here I agree.