11/08/2013 Live Update

[Cobra]

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It's a typical Measured Move on Global ES, I won't hope the 100% mm target at 1718.75 would be reached though, fib 61.8% at 1731 is already more than what I hope for. Don't forget, NFP day has been up 10 of last 11, very bullish day.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/11 ... ay-update/

[gappy]

Hightower Friday fun. glta

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[gappy]

Jobs report one minute chart.

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Pin Bar Entry

The pin bar is a price bar which has rejected higher or lower prices. Price will open and move in one direction, and then “reverse” during the session to near or past the open.

The pin bar formation is easy to spot because it has a long “tail” or wick. It is a common reversal signal which typically needs to occur near a support or resistance area. Some traders use them in conjunction with Fibonacci retraces as well as moving averages or horizontal support and resistance levels.

[gappy]

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[joegamma]

WONDER IF TODAY RANGE WAS ESTABLISHED IN PREMARKET?

Today Pomo as big as all of next week, maybe look to fade rally aftermidmorning?

[joegamma]

Longer term, the rally is running out of steam but new highs still possible in this age of unlimited qe

[uempel]

Update:

[Cobra]

mini rebound target, bears should only worry if it's taken.

[joegamma]

thinking smalls still have another 1.5-2pts below next week or so

[joegamma]

Update:

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Uempel: your comment on big ellipse cross 11/06 saved me a huge loss yesterday, THANKS!

nothing dull about this market. Ellipse system suggests a good new move for tomorrow: either acceleration up to a new high or a reversal.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2013/11 ... ay-update/

[Cobra]

revisit yesterday's low, key time. watch higher low.

[Out of Bounds]

Snog update

[gappy]

An arbitrary 4 hour fib.

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[fehro]

SPX 15m... possible triangle ...yellow...

[Al_Dente]

"In the week ended November 6, investors pulled $1.8 billion from global equity funds, while bond funds recorded $1.7 billion in inflows. The majority of equity outflows were from U.S. funds, which saw $7.5 billion in redemptions over the period."

[Cobra]

higher low indeed, we may have double bottom here.

[fehro]

RUT 60m.. neckline retest?.. possible positive divergence on the MacD ..

[Al_Dente]

Relative strength of the spy components, hourly
Note banks trying to recover