06/18/2013 Live Update

[Cobra]

overshot, biggest bar, volume surge, so might see pullback here then we'll see.

[Out of Bounds]

Target now 165.93

CORRECTED

My sell order did not get an execution. Dagnabbit

[Cobra]

members only update at 2:17 pm
http://www.cobrasmarketview.com/2013/06 ... ay-update/

[Cobra]

pullback as expected but not enough, bears need do more, otherwise still bulls rule.

[FlowerGirl]

Translation of p-Bar code
Stay above Blue box but below the upper green line.

[TWT]

$SPX: If the upper trend line is not breached price could still forming an ED

[uempel]

Uempel can you explain they chart a little?

Thanos, I'm working on an explanation. I'll post something in about 15 minutes.

Ok, here an explanation - it looks kind of complicated, but that's only until it's understood.

I'm showing it a long term weekly log, but note that it works on any candle chart, also on a 1min.

For the longer time frames log works better than linear.

Note too that these ellipses are repetitive, we can use them several times and suddenly they stop working. The ellipses on these charts here will not we applicable in 2050...

First we have to find an ellipse which is "valid". So we go back in time and try to find one

Then we copy this ellipse and bring it forward

As soon as the ellipse fits we have all kind of information - see the black arrows (which are totally hypothetical)

[Cobra]

consolidation instead of pullback so the bias is up.

[SERVO]

$SPX: If the upper trend line is not breached price could still forming an ED

Did we just break the trend line? Whats next?

[Out of Bounds]

Out. Neutral. Have a good day guys and gals.

[surrogate]

i hope there is some power this hour, today was a real yawnfest

[ALdaytrade]

Translation of p-Bar code
Stay above Blue box but below the upper green line.

Maybe you could explain this interpretation of the Pbars for us. Thank you.

[TWT]

$XLF: If the gap at 19.98 is not closed price could be forming a Triangle

[seemore]

Translation of p-Bar code
Stay above Blue box but below the upper green line.

....and how did you come up with the Blue box and the upper green line? ...Sorry if I'm too dense. It seems you have a pretty interesting hypothesis. Do you have any particular reason to choose the Pbars that you did? (skip any?)

Thanks!

[MrMiyagi]

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

[Al_Dente]

[LONG article but worth reading... maybe later]
“Fed Tapering Scenarios: The Winners And Losers On Wednesday “
http://seekingalpha.com/article/1507192 ... view&ifp=0

[FlowerGirl]

Translation of p-Bar code
Stay above Blue box but below the upper green line.

Maybe you could explain this interpretation of the Pbars for us. Thank you.

Sure, but only after posting few more "translations". So stay tuned!

[MrMiyagi]

[Cobra]

bears still need do more. wait.

[TraderGirl]

[LONG article but worth reading... maybe later]
“Fed Tapering Scenarios: The Winners And Losers On Wednesday “
http://seekingalpha.com/article/1507192 ... view&ifp=0

Thanks for your articles Al...always a good read!