The Intraday US Stock Market Discussion Board
http://bbs.cobrasmarketview.com/
As I said last night: Triple Top is rare.SB73 wrote:EWP has been white hot. Cobra, does the fact that the S&P has raced right back to resistance give it better or worse odds of breaking out to the upside.
thanks TGTraderGirl wrote:Thanks Clark! I think it will be interesting what the dollar does here...looks like it could be a bear flag...but the dollar is also very oversold and depending on what happens here, we could end up seeing some pos d...?? We'll see....ClarkW wrote:Ha! I don't know nearly as much as you TG on trading. I've just gravitated to GDX over the past 6 months or so for some reason. DUST and NUGT are quick movers...they are like crack. I trust your work more than mine, and not blowing smoke. You do a great job. And Happy Birthday btw!TraderGirl wrote:Clark seems to have a better handle on NUGT and metals than I do...but what I can tell you is that I can see a descending triangle and 5 waves up in NUGT...so looks like it could get a pullback, but 5 waves up usually means another try to the upside, as before (a breakout of this descending triangle would be bullish of course)TraderJoe wrote:TraderGirl,
I hate asking you to work on your birthday but if you get time, would you tell me what your charts say about NUGT out 20-30 days???
The put options are 3 to 1..
Thanks,
Joe
I am expecting sentiment to change after the 22/23rd...so we will see if that will bring another pullback in the markets...
Commercials (smart money) seems to be net long the dollar, while dumb money is net short..??
It has been outperforming for two+ months. The doom & gloomers so far have stayed away. Maybe the PIIGS are fixed, for the 10th time.SB73 wrote:Europe outperforming SPY
Here you go!Al_Dente wrote:thanks TGTraderGirl wrote:Thanks Clark! I think it will be interesting what the dollar does here...looks like it could be a bear flag...but the dollar is also very oversold and depending on what happens here, we could end up seeing some pos d...?? We'll see....ClarkW wrote:Ha! I don't know nearly as much as you TG on trading. I've just gravitated to GDX over the past 6 months or so for some reason. DUST and NUGT are quick movers...they are like crack. I trust your work more than mine, and not blowing smoke. You do a great job. And Happy Birthday btw!TraderGirl wrote:Clark seems to have a better handle on NUGT and metals than I do...but what I can tell you is that I can see a descending triangle and 5 waves up in NUGT...so looks like it could get a pullback, but 5 waves up usually means another try to the upside, as before (a breakout of this descending triangle would be bullish of course)TraderJoe wrote:TraderGirl,
I hate asking you to work on your birthday but if you get time, would you tell me what your charts say about NUGT out 20-30 days???
The put options are 3 to 1..
Thanks,
Joe
I am expecting sentiment to change after the 22/23rd...so we will see if that will bring another pullback in the markets...
Commercials (smart money) seems to be net long the dollar, while dumb money is net short..??
best chart i've seen on COT
can u link the source??
Maybe still too high. GPC looks better.Petsamo wrote:Anyone know ORLY ?
Yeah euro is at critical juncture that´s for sure now at 50 RSI on monthly scale if breaks through this line euro have opened doors for few months (if not u know the outcomeClarkW wrote:Here's a good chart on the Euro from http://blog.kimblechartingsolutions.com ... roct17.gif
)
Am I to wear 3d glasses when looking at this chart, KeiZai? I'm getting dizzy trying to read all the fib #'sKeiZai wrote:Yeah euro is at critical juncture that´s for sure now at 50 RSI if breaks through this line euro have opened doors for few months (if not u know the outcomeClarkW wrote:Here's a good chart on the Euro from http://blog.kimblechartingsolutions.com ... roct17.gif
YES, great site TG. Thanks for sharing!Al_Dente wrote:THANKS TG
luv u
I just saw the 5 year chart on ORLY. It's not my thingApple wrote:Maybe still too high. GPC looks better.Petsamo wrote:Anyone know ORLY ?
ClarkW wrote:Am I to wear 3d glasses when looking at this chart, KeiZai? I'm getting dizzy trying to read all the fib #'sKeiZai wrote:Yeah euro is at critical juncture that´s for sure now at 50 RSI if breaks through this line euro have opened doors for few months (if not u know the outcomeClarkW wrote:Here's a good chart on the Euro from http://blog.kimblechartingsolutions.com ... roct17.gif
hahaaa that was good one 
Once IBM and the Dow rally it won't ignore any longer. It will rally along side.noob wrote:How long can S&P ignore IBM and the Dow?
