Back to www.cobrasmarketview.com

04/23/2014 Live Update

User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/23/2014 Live Update

Post by Al_Dente »

SPY two higher lows, two lower highs
oy
bears will continue covering if they see a higher high
bunch of wussies
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
ALdaytrade
Posts: 1244
Joined: Thu Apr 04, 2013 12:55 pm

Re: 04/23/2014 Live Update

Post by ALdaytrade »

KPat wrote:My first attempt at this so please bear with me.
Noticed a H&S formation on the daily, is this a valid observation?
On the five hour chart, I have left shoulder March 7th, head April 3rd, april 22nd.

Going down.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/23/2014 Live Update

Post by Al_Dente »

AAPL and FB report eps after the close today
the buzz is that AAPL will miss estimates and FB will beat estimates
.......we'll see.........
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/23/2014 Live Update

Post by fehro »

SPX 5m still in the triangle.. running out of room.. hence the pattern may not work.. mind the open gap interday
Attachments
Screen shot 2014-04-23 at 10.28.07 AM.png
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/23/2014 Live Update

Post by fehro »

VIX 15m .. still forming a bullish falling wedge interday
Attachments
Screen shot 2014-04-23 at 10.31.40 AM.png
ALdaytrade
Posts: 1244
Joined: Thu Apr 04, 2013 12:55 pm

Re: 04/23/2014 Live Update

Post by ALdaytrade »

ALdaytrade wrote:
KPat wrote:My first attempt at this so please bear with me.
Noticed a H&S formation on the daily, is this a valid observation?
On the five hour chart, I have left shoulder March 7th, head April 3rd, april 22nd.

Going down.
fehro, can you catch these dates on a chart, please?

My best attempt:

http://stockcharts.com/h-sc/ui?s=$SPX&p ... 4556520130
Last edited by ALdaytrade on Wed Apr 23, 2014 1:38 pm, edited 1 time in total.
User avatar
Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 04/23/2014 Live Update

Post by Out of Bounds »

Now or never, bears.
...
User avatar
Cobra
Site Admin
Posts: 60145
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/23/2014 Live Update

Post by Cobra »

still in triangle, nothing to say. wait.
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.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/23/2014 Live Update

Post by fehro »

ALdaytrade wrote:
ALdaytrade wrote:
KPat wrote:My first attempt at this so please bear with me.
Noticed a H&S formation on the daily, is this a valid observation?
On the five hour chart, I have left shoulder March 7th, head April 3rd, april 22nd.

Going down.
fehro, can you catch these dates on a chart, please?
This is the closest thing I can see to a H&S.. still has the rest of the year to play out.. if this is even a head....
Attachments
Screen shot 2014-04-23 at 10.45.04 AM.png
ALdaytrade
Posts: 1244
Joined: Thu Apr 04, 2013 12:55 pm

Re: 04/23/2014 Live Update

Post by ALdaytrade »

fehro wrote:
ALdaytrade wrote:
ALdaytrade wrote:
KPat wrote:My first attempt at this so please bear with me.
Noticed a H&S formation on the daily, is this a valid observation?
On the five hour chart, I have left shoulder March 7th, head April 3rd, april 22nd.

Going down.
fehro, can you catch these dates on a chart, please?
This is the closest thing I can see to a H&S.. still has the rest of the year to play out.. if this is even a head....
Thank you.

Divergence in uvxy...
I was thinking smaller formation, as in this:

http://stockcharts.com/h-sc/ui?s=$SPX&p ... 9325754701
Last edited by ALdaytrade on Wed Apr 23, 2014 1:56 pm, edited 1 time in total.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/23/2014 Live Update

Post by fehro »

ALdaytrade wrote:
fehro wrote:
ALdaytrade wrote:
ALdaytrade wrote:
KPat wrote:My first attempt at this so please bear with me.
Noticed a H&S formation on the daily, is this a valid observation?
On the five hour chart, I have left shoulder March 7th, head April 3rd, april 22nd.

Going down.
fehro, can you catch these dates on a chart, please?
This is the closest thing I can see to a H&S.. still has the rest of the year to play out.. if this is even a head....
Thank you.

I was thinking smaller formation, as in this:

http://stockcharts.com/h-sc/ui?s=$SPX&p ... 9325754701
I don't see that as H&S. fwiw. .. maybe without the spike down..
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/23/2014 Live Update

Post by fehro »

SPX 5m... triangle broke... and retesting.. usually they break straight down/up
Attachments
Screen shot 2014-04-23 at 10.58.44 AM.png
User avatar
MrMiyagi
Posts: 10336
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Anyone see an edge somewhere? VIX has been bottomfeeding all day.. time to rise and shine?
User avatar
Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 04/23/2014 Live Update

Post by Out of Bounds »

A/D is now +200
...
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/23/2014 Live Update

Post by fehro »

INDEX dailies.. NDX, COMPQ trying to hold 20d SMA... RUT too
Attachments
Screen shot 2014-04-23 at 11.01.55 AM.png
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 04/23/2014 Live Update

Post by johnnywa »

Lower highs on iwm daily
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 04/23/2014 Live Update

Post by fehro »

SPX 5m triangle target is the lower gap.. it the blue line breaks...
Attachments
Screen shot 2014-04-23 at 11.12.31 AM.png
User avatar
Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 04/23/2014 Live Update

Post by Out of Bounds »

A/D is finally even
...
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re:

Post by fehro »

MrMiyagi wrote:Anyone see an edge somewhere? VIX has been bottomfeeding all day.. time to rise and shine?
VIX 15m.. pressing resistance.. needs to pop above.. as NDX/ RUT just slip under 20d SMA
Attachments
Screen shot 2014-04-23 at 11.20.46 AM.png
User avatar
Cobra
Site Admin
Posts: 60145
Joined: Sat Feb 12, 2011 10:29 pm

Re: 04/23/2014 Live Update

Post by Cobra »

triangle text book target. not sure.
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.
Post Reply