Cobra's Market View

Harapa

silver scalpers!, we have a squeeze again

Al_Dente wrote:Harapa

Yes, Boss
VIXIES are with Bulls, but hasn't been able to push up the market only stopping it from falling!

DBA over sold, got daily buy signal today, 29.64 is the line in the sand. inflation or not we should see it here.

and AUDJPY with 4h squeeze

this one wanna go down I think

ClarkW wrote:

Petsamo wrote:

KeiZai wrote:wow we will have gas for free?

A large cost of gasoline is through state, county, & local taxes.

I think that was a little sarcasm Petsamo

Most people don't know the fact I gave. They're too busy staring at the Royal breasts.

5min chart, aren't we in a bullish flag?

still fighting trend line... but looking weaker.

Petsamo wrote:Most people don't know the fact I gave. They're too busy staring at the Royal breasts.

That would not take long...

Nice chart fehro.

Cobra wrote:volume surge, biggest bar, so may see rebound here. but this bear has legs.

We got the up leg, so far pretty weak, maybe the down leg finally? Though this week is expiration week and not keeping the hope up too much.

quientuves wrote:5min chart, aren't we in a bullish flag?

Yes, so long it's trades above 5 dma.

Harapa wrote:

Al_Dente wrote:Harapa

Yes, Boss VIXIES are with Bulls, but hasn't been able to push up the market only stopping it from falling!

I am disappointed that bulls chose the Qs instead of the smalls ….I do not like the divergence btwn IWM price and the RVX (see pink)
Note: inverted VIX panel, 5min, pierced bolinger, that’s usually as good an excuse as any for a bounce…(see green)
Also top panel there is not enough power for bears yet

TRAn testing mid-point line again on BBand 10,1.9.

BullBear52x wrote:

quientuves wrote:5min chart, aren't we in a bullish flag?

Yes, so long it's trades above 5 dma.

Thanks,BB. I was talking about a quite smaller intraday flag.

146.69? done saying good bye.

rebound as expected but weaker than I thought. wait.

MrMiyagi wrote:

uempel wrote: No, I only use color to distinguish the different ellipses. They often overlap and then I use color...

uempel wrote:MrMiyagi - this is for you

Ah excellent, I appreciate that.

One more... what are the time signals based on?

The best ellipses are those with many points of contact, preferably important points of contact. The ellipse then shows actio/reactio on the surface of the ellipse. As soon as if breaks out of that area there is a strong move...

The theoretical basis is Newton's 3rd mechanical law. Some guys might think this is over the edge, but actually it's hardly different than a regular TA channel - difference is that it's not reduced to the y-axis (as in a regular channel), but for the x-axis too...

By the way, my drawing of the green ellipse was skewed..

Very interesting uempel, thank you, now I understand better but will leave you to chart it!

good, but bulls need do more to prevent H&S Top.

uempel wrote:

MrMiyagi wrote:

uempel wrote: No, I only use color to distinguish the different ellipses. They often overlap and then I use color...

uempel wrote:MrMiyagi - this is for you

Ah excellent, I appreciate that.

One more... what are the time signals based on?

The best ellipses are those with many points of contact, preferably important points of contact. The ellipse then shows actio/reactio on the surface of the ellipse. As soon as if breaks out of that area there is a strong move...

The theoretical basis is Newton's 3rd mechanical law. Some guys might think this is over the edge, but actually it's hardly different than a regular TA channel - difference is that it's not reduced to the y-axis (as in a regular channel), but for the x-axis too...

By the way, my drawing of the green ellipse was skewed..

The attachment 90.png is no longer available

uempel, can you post your daily for my reference if you got time.
I've been toying with the arc like this one, just want to see.