Back to www.cobrasmarketview.com

10/28/2011 Intraday Watering

Post Reply
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

10/28/2011 Intraday Watering

Post by Cobra »

Small gap down within yesterday's range plus all the gaps the next day after a Major Accumulation Day got filled the same day, so the gap will be filled, the market will attempt another new high, then we'll see. Overall, usually the day after a Major Accumulation Day is a small range day, so up or down, I don't expect today to be a big day.

Global ES looks pretty much like a Bull Flag, so more up ahead.
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.
dr659
Posts: 319
Joined: Thu Feb 17, 2011 4:53 pm

Re: 10/28/2011 Intraday Watering

Post by dr659 »

Cobra wrote:Small gap down within yesterday's range plus all the gaps the next day after a Major Accumulation Day got filled the same day, so the gap will be filled, the market will attempt another new high, then we'll see. Overall, usually the day after a Major Accumulation Day is a small range day, so up or down, I don't expect today to be a big day.

Global ES looks pretty much like a Bull Flag, so more up ahead.
Having trouble with your site, Sluggish, locks up alot when I am here, Started a few days ago
noob
Posts: 532
Joined: Mon Oct 17, 2011 2:54 pm

Re: 10/28/2011 Intraday Watering

Post by noob »

Cobra wrote:Small gap down within yesterday's range plus all the gaps the next day after a Major Accumulation Day got filled the same day, so the gap will be filled, the market will attempt another new high, then we'll see. Overall, usually the day after a Major Accumulation Day is a small range day, so up or down, I don't expect today to be a big day.

Global ES looks pretty much like a Bull Flag, so more up ahead.
Morning Cobra! Time frame for more up ahead? I thought the new evil plan is go up from here a little, but then pull back because it's overbought =)
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/28/2011 Intraday Watering

Post by Cobra »

noob wrote:
Cobra wrote:Small gap down within yesterday's range plus all the gaps the next day after a Major Accumulation Day got filled the same day, so the gap will be filled, the market will attempt another new high, then we'll see. Overall, usually the day after a Major Accumulation Day is a small range day, so up or down, I don't expect today to be a big day.

Global ES looks pretty much like a Bull Flag, so more up ahead.
Morning Cobra! Time frame for more up ahead? I thought the new evil plan is go up from here a little, but then pull back because it's overbought =)
Yes correct.

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

Re: 10/28/2011 Intraday Watering

Post by Al_Dente »

Good morning Cobra
I only “listen to 50% of what you say”
Soooo, another new high today, right?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 10/28/2011 Intraday Watering

Post by 99er »

Good Morning.

Honey? Is Europe fixed now?
EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_28.html

The clowns are still working on it.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/28/2011 Intraday Watering

Post by Cobra »

dr659 wrote:
Cobra wrote:Small gap down within yesterday's range plus all the gaps the next day after a Major Accumulation Day got filled the same day, so the gap will be filled, the market will attempt another new high, then we'll see. Overall, usually the day after a Major Accumulation Day is a small range day, so up or down, I don't expect today to be a big day.

Global ES looks pretty much like a Bull Flag, so more up ahead.
Having trouble with your site, Sluggish, locks up alot when I am here, Started a few days ago
probably it's your browser because you're the only saying this. Try to empty your cache and see?

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.
ultramarine
Posts: 194
Joined: Fri Aug 26, 2011 9:25 am

Re: 10/28/2011 Intraday Watering

Post by ultramarine »

Good morning all. Not intending to do much today. I may take a small short if we hit 1300-1307 and the 78% Fib retracement.

Euro is holding onto 1.41 quite well so far. Is this confirmation of a breakout? I doubt it, but let the Euro tell the tale. If it can stay above 1.40, then OK.
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 10/28/2011 Intraday Watering

Post by 99er »

So it's Friday; shall we hit the beach?
ES http://99ercharts.blogspot.com/2011/10/es_28.html

Sure. Beats yesterday.
cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 10/28/2011 Intraday Watering

Post by cougar »

Good morning!
VIX is back in jail. One could also notice the narrowing of the envelopes = sign that its own volatility is decreasing.
Attachments
VIXvolatGIF.GIF
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 10/28/2011 Intraday Watering

Post by 99er »

So what does Dr. Copper say?
HG http://99ercharts.blogspot.com/2011/10/copper_28.html

Overthrow.
cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 10/28/2011 Intraday Watering

Post by cougar »

GS might have encountered some serious resistance here:
Attachments
GS3FANSgif.GIF
GSgif.GIF
User avatar
Petsamo
Posts: 3339
Joined: Thu Jun 30, 2011 2:22 pm

Re: 10/28/2011 Intraday Watering

Post by Petsamo »

The German DAX opened slightly below it 200 day EMA, went slightly above it, then dropped back down to form a red candle. It's currently sitting at the lows of the day.
Twitter @jackwag0n
User avatar
Anaconda
Posts: 487
Joined: Fri May 06, 2011 2:57 pm

Re: 10/28/2011 Intraday Watering

Post by Anaconda »

Just popping in briefly to say hello and wish all well. Been too long for me. Out on business for most of the day. But thought I'd post this for my short-inclined friends - the YTD chart of the SPY with Fib. markers on the right. Shows we're close to the 78% retracement point. :mrgreen: :
GLTA,
A.
Attachments
gifsetfetch.gif
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/28/2011 Intraday Watering

Post by Al_Dente »

99er wrote:So what does Dr. Copper say?
HG http://99ercharts.blogspot.com/2011/10/copper_28.html
Overthrow.
overthrow = met resistance, coup failed ??
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 10/28/2011 Intraday Watering

Post by 99er »

Gee whiz, honey.
SPX http://99ercharts.blogspot.com/2011/10/spx_28.html

Maybe it is time to go surfing...big time.
User avatar
Harapa
Posts: 1236
Joined: Mon Oct 24, 2011 1:33 pm

Re: 10/28/2011 Intraday Watering

Post by Harapa »

Plan for today:
Sell EDZ (from yesterday Close) at open plus 1%, Buy EDC at the same time.
Let's see how it works!
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/28/2011 Intraday Watering

Post by Cobra »

the open.
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.
pablorynx
Posts: 116
Joined: Mon Apr 11, 2011 11:34 am

Re: 10/28/2011 Intraday Watering

Post by pablorynx »

Anaconda wrote:Just popping in briefly to say hello and wish all well. Been too long for me. Out on business for most of the day. But thought I'd post this for my short-inclined friends - the YTD chart of the SPY with Fib. markers on the right. Shows we're close to the 78% retracement point. :mrgreen: :
GLTA,
A.
Have you found much success with using the 78% retrace point? Other than a scalp, I mean, I find that the 78% retracement level has not been a good swing trade entry for a move back.
User avatar
champix
Posts: 551
Joined: Thu Apr 14, 2011 9:13 am
Location: PARIS

Re: 10/28/2011 Intraday Watering

Post by champix »

Good morning all,
Is that a bull flag broken on gc? I am long 1741,5 target 1775, stop 1739.
Agnosia, u still long?
Attachments
Gold-28octobre2011.jpg
Post Reply