Back to www.cobrasmarketview.com

05/30/2012 Live Update

uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 05/30/2012 Live Update

Post by uempel »

For those who trade DAX, very tricky now...
DAX.png
User avatar
KeiZai
Posts: 2827
Joined: Tue Nov 29, 2011 6:16 pm
Location: EUROPE

Re: 05/30/2012 Live Update

Post by KeiZai »

I would not like to see here more ping pong :D (DAX chart) but It does not look so atm
Attachments
AD.png
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/30/2012 Live Update

Post by Cobra »

still consolidation here is not good for bulls, because consolidation usually means continuation.
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.
User avatar
champix
Posts: 551
Joined: Thu Apr 14, 2011 9:13 am
Location: PARIS

Re: 05/30/2012 Live Update

Post by champix »

I see intraday support on GC, Copper and DAX... let see if any rebound here....
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 05/30/2012 Live Update

Post by uempel »

champix wrote:I see intraday support on GC, Copper and DAX... let see if any rebound here....
Well, DAX is just about to break support...
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/30/2012 Live Update

Post by Cobra »

I need see more bars on AAPL, for now it's rising wedge, could be ascending triangle eventually.
http://stockcharts.com/public/1684859/c ... /260183775;

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
KeiZai
Posts: 2827
Joined: Tue Nov 29, 2011 6:16 pm
Location: EUROPE

Re: 05/30/2012 Live Update

Post by KeiZai »

German bund can support dax in falling
Attachments
GB01.png
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
User avatar
champix
Posts: 551
Joined: Thu Apr 14, 2011 9:13 am
Location: PARIS

Re: 05/30/2012 Live Update

Post by champix »

uempel wrote:
champix wrote:I see intraday support on GC, Copper and DAX... let see if any rebound here....
Well, DAX is just about to break support...
Yep... done... maybe a bear trap, but things are ugly now...
Attachments
Dax-5min-May30.jpg
louie
Posts: 197
Joined: Wed May 30, 2012 10:52 am

Re: 05/30/2012 Live Update

Post by louie »

1st, been following you guys/gals for several years - GREAT STUFF! currently watching EUR/USD very closely. Pull up a 1 day chart and check it out.
User avatar
snakehead
Posts: 352
Joined: Tue Mar 06, 2012 4:57 pm

Re: 05/30/2012 Live Update

Post by snakehead »

Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks!

If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday: http://stockcharts.com/public/1684859, thanks!



Gap down along yesterday's low so I'm not sure if the gap will be filled.

The Global ES looks like a Bearish Rising Wedge, so not good looking, especially the popup to make a new high attempt failed overnight (red cycle), since you Earth people failed twice on the upside now you guys shall try on the downside. Let's see. The bottom line, so far the rebound is mostly overlapping so very unlikely it's something to bring us to Galaxy far far away.

Cobra, I noticed that you have stopped posting (in the morning) the obligatory DAX chart with H&S neckline. Any reason?
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/30/2012 Live Update

Post by Cobra »

2 possible target. we're approaching the 1st one.
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.
User avatar
Cobra
Site Admin
Posts: 64719
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/30/2012 Live Update

Post by Cobra »

snakehead wrote:
Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks!

If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday: http://stockcharts.com/public/1684859, thanks!



Gap down along yesterday's low so I'm not sure if the gap will be filled.

The Global ES looks like a Bearish Rising Wedge, so not good looking, especially the popup to make a new high attempt failed overnight (red cycle), since you Earth people failed twice on the upside now you guys shall try on the downside. Let's see. The bottom line, so far the rebound is mostly overlapping so very unlikely it's something to bring us to Galaxy far far away.

Cobra, I noticed that you have stopped posting (in the morning) the obligatory DAX chart with H&S neckline. Any reason?
No change, still hang below H&S Top neckline so nothing to say.

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
snakehead
Posts: 352
Joined: Tue Mar 06, 2012 4:57 pm

Re: 05/30/2012 Live Update

Post by snakehead »

uempel wrote:For those who trade DAX, very tricky now...
DAX.png
IT IS THE TURD THAT WON"T FLUSH !!! :lol:
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 05/30/2012 Live Update

Post by Al_Dente »

squeeze attempt SLV
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 05/30/2012 Live Update

Post by uempel »

For those of you who don't understand why some guys trade DAX - it's supervolatile. From yesterday's close to today's low (so far) DAX has moved about 3 percent, SPX less than 2 percent. DAX is like driving a Lamborghini along the costal road in southern France :D
User avatar
Richarab
Posts: 617
Joined: Thu Sep 22, 2011 12:19 pm
Contact:

05/30/2012 Live Update

Post by Richarab »

snakehead wrote:
uempel wrote:For those who trade DAX, very tricky now...
DAX.png
IT IS THE TURD THAT WON"T FLUSH !!! :lol:
had one this morning
Had to put gloves on, take it out, and cut it up.


---
I am here: http://tapatalk.com/map.php?draw4z
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 05/30/2012 Live Update

Post by uempel »

snakehead wrote:
uempel wrote:For those who trade DAX, very tricky now...
DAX.png
IT IS THE TURD THAT WON"T FLUSH !!! :lol:
:lol: :lol: :lol:
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 05/30/2012 Live Update

Post by KENA »

Note that yesterday the weak stocks continued to decrease and the strong stocks increased.The red and green lines just touched.Untill they cross bears in control.Today the red and blue lines will part giving bears more control.(Chart by stocktiming) :mrgreen:
-%20AAA.png
louie
Posts: 197
Joined: Wed May 30, 2012 10:52 am

Re: 05/30/2012 Live Update

Post by louie »

KENA wrote:Note that yesterday the weak stocks continued to decrease and the strong stocks increased.The red and green lines just touched.Untill they cross bears in control.Today the red and blue lines will part giving bears more control.(Chart by stocktiming) :mrgreen:
-%20AAA.png
EUR/USD = 1.2405 and falling!
OverUnder
Posts: 477
Joined: Fri Mar 16, 2012 11:05 am

Re: 05/30/2012 Live Update

Post by OverUnder »

Just got in, saw some posts about the Euro bank recap rumor. The reason Euro stocks retreated is Germany quashed that rumor 90 minutes after it started.

"Government spokesman Steffen Seibert said at a regular press conference here that the German rejection of the idea of any direct recapitalisation of banks by the ESM "is well known."
Post Reply