08/09/2013 Live Update

[Cobra]

we're here but not sure about the last blue dashed arrow anymore. it's not what I thought.

[MrMiyagi]

!!!!!! POWER HOUR !!!!!!

[rhight]

Am I crazy? My Daily, 60 min, and 15 min charts all have negative momentum right now. Shouldn't this thing be going down?

[fehro]

still could go either way.. SPX 5m.. or flat for the close... and a huge gap Monday,

[1der]

Am I crazy? My Daily, 60 min, and 15 min charts all have negative momentum right now. Shouldn't this thing be going down?

It's okay, please disregard anything you see or may think you may see, everything is alright, you are feeling sleepy, it is all magic, please move along now, everything is alright, it is not what you think, thank you for complying

[Cobra]

pullback not strong so far, so will the very very strong Friday close again this time?

[Cobra]

in case of very very strong close again, here's the 100% mm target.

[TraderGirl]

SPY....Wedge within a wedge....

[rhight]

Am I crazy? My Daily, 60 min, and 15 min charts all have negative momentum right now. Shouldn't this thing be going down?

It's okay, please disregard anything you see or may think you may see, everything is alright, you are feeling sleepy, it is all magic, please move along now, everything is alright, it is not what you think, thank you for complying

The 20 DMA on SPX (1691.8) looks important right about now.

[Cobra]

no strong push up yet, 20 min to go. double bottom here?

[Cobra]

members only update at 3:46 pm
http://www.cobrasmarketview.com/2013/08 ... ay-update/

[rhight]

Thanks for letting me hang around, Cobra. Have a good weekend.

[jademann]

Looks like we're off to the races bears

[Cobra]

7 min to go, so far no sign of strong push up. instead could be a H&S top here.

[Cobra]

well, guess that's it for today. no strong push up like before but bears do not want a very weak close today, members may guess why (because of the SPX 3 consecutive down means the 4th...). thank you guys, I'll see you TONIGHT.

before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp

[MrMiyagi]

Have a good weekend everyone, thanks Cobra for the forum.