10/23/2013 Live Update

[Cobra]

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Pullback to support, wait and see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/10 ... ay-update/

[wayne0708]

Just in case price reaches 100% measured move target from yesterday. Second target is possible.

[gappy]

Hightower fun. glta.

Capture.PNG

[gappy]

Not fun.

knight.PNG

[uempel]

Many indicators suggest that the area around SPX 1734/40 should hold at the opening. N.B. 1734 is really good support on many charts - a first bear attack will be pushed back.


Monthly candles: the parallel lines in stockcharts' monthly charts tend to lurch about, sorry about that. But the upper red Bollinger band 13/1 points to the middle of the blue channel - SPX 1737.

Daily SPX

Daily SPX

[gappy]

DJIA from 1900 to now.

hui.png

No more "bubble" noise from me. I only see one there, and some saw toothed sidewinder action. From;http://humblestudentofthemarkets.blogsp ... report.com

[wayne0708]

hourly gaps

[DellGriffith]

re: DJIA 1900-present chart:

Its scary when you realize the period from 2000-present is actually a megaphone top, which in theory is a reversal pattern. Can't possibly be accurate though, as it would mean the US collapses and gives up most of its 20th century gains. My brain can't even comprehend that.

[wayne0708]

hollow opening red bar that cobra mentioned the other day

[wayne0708]

After 1st target meets I will look for second target

[jack black]

We haven't had a flash crash in a long time. It wouldn't surprize me now as we maxed out on margins.

[L_T]

Not fun.

knight.PNG

Wow the trouble that can ensue when you fail to thoroughly test something......

[uempel]

Update:

[Cobra]

members only update at 9:54 am
http://www.cobrasmarketview.com/2013/10 ... ay-update/

[KENA]

Liquidity is still up but notice the green fast line has now turned..Maybe bears turn is getting closer..Lets see

chart by stocktiming

[wayne0708]

On the way down to 2nd target

[Cobra]

support.

[Cobra]

volume surge, might see rebound here first, which probably would be sold though.

[fehro]

SPX 15m ... one gap filled.. another made this morning... possible support