Back to www.cobrasmarketview.com |
Agree, just purchased some DZZagnosia wrote:shorting some gold here .. stop 1870.
Agnosia,agnosia wrote:any traders making bets on /cl today? i've seen this behavior before and it looks to me like we are winding up for a move higher. lots of hurricane threats and other excuses for traders to bid up prices.... last nights API report was bullish. we might get an initial whoosh down though...
Cobra,Cobra wrote:I have a little doubt about today's rally as it's not broad based. Tech is leading. I'd be very interested to see when gas is at $5 a gallon how many people are willing to upgrade their iPad.
Mr. BachNut wrote:That does look like a really interesting chart. There does seem to be a rally after each highlighted spot but sometimes after a new low and sometimes not. I am not sure how to interpret. Does this mean that institutions are on the sidelines and neither long or short but that they will move soon?BullBear52x wrote:I see very importance sign development, /ES open interest dip below 1 today. a trade back up above 1230 (/ES) a new yearly high is most likely, sell now until it breaks up before back up a truck for the long side.
Seems that crude is going higher without me...agnosia wrote:nice, yeah i would be really surprised if we don't test last nights high of 90.48 at least at some point with such a strong leg up the past couple of days. good luck.champix wrote:
Hi agnosia,
I am waiting a pullback to 89,15/89,20 to enter long, and add above 90... target could be 90,50 then 90,90
Agree --- we will retest lows --- but we could legitimately go as high as 1250 before doing so. So, I'm happy to trade both ways in the meantime.BullBear52x wrote:Mr. BachNut wrote:That does look like a really interesting chart. There does seem to be a rally after each highlighted spot but sometimes after a new low and sometimes not. I am not sure how to interpret. Does this mean that institutions are on the sidelines and neither long or short but that they will move soon?BullBear52x wrote:I see very importance sign development, /ES open interest dip below 1 today. a trade back up above 1230 (/ES) a new yearly high is most likely, sell now until it breaks up before back up a truck for the long side.
this is daily, longer term out look, we should retest recent low before a real short squeeze, but since last time OI low we could not take out new yearly high, this tells me a long term top is in, but for short term trade a big fight will happen here, do or die time. a trade blow august low is dangerous for bulls.
Calling AAA towing company. The Car not starting today. I keep telling the engine " Yes, we can."99er wrote:Paging Tabby.
SPX http://99ercharts.blogspot.com/2011/09/spx_5561.html
LOL, honey call the Taxi today? I think the car will start soon.Tabby wrote:Calling AAA towing company. The Car not starting today. I keep telling the engine " Yes, we can."99er wrote:Paging Tabby.
SPX http://99ercharts.blogspot.com/2011/09/spx_5561.html
10-4
looks like the first try is failing. may be some more shots at it though. bulls don't like to give up easy.stockcycle wrote:Consider to close some long positions if 1200 can't hold.
Market does not want to come down, should have more upside.stucap wrote:looks like the first try is failing. may be some more shots at it though. bulls don't like to give up easy.stockcycle wrote:Consider to close some long positions if 1200 can't hold.
Feeling some tension here @ 1200! Personally just don't want to see my profit goes away.HappyFriday wrote:Market does not want to come down, should have more upside.stucap wrote:looks like the first try is failing. may be some more shots at it though. bulls don't like to give up easy.stockcycle wrote:Consider to close some long positions if 1200 can't hold.
The change in the OI is due to contract switch over from Sept to Dec. No significant meaning, I think.BullBear52x wrote:Mr. BachNut wrote:That does look like a really interesting chart. There does seem to be a rally after each highlighted spot but sometimes after a new low and sometimes not. I am not sure how to interpret. Does this mean that institutions are on the sidelines and neither long or short but that they will move soon?BullBear52x wrote:I see very importance sign development, /ES open interest dip below 1 today. a trade back up above 1230 (/ES) a new yearly high is most likely, sell now until it breaks up before back up a truck for the long side.
this is daily, longer term out look, we should retest recent low before a real short squeeze, but since last time OI low we could not take out new yearly high, this tells me a long term top is in, but for short term trade a big fight will happen here, do or die time. a trade blow august low is dangerous for bulls.