Cobra's Market View

SPX 5m

Al_Dente wrote:

uempel wrote:At the mom I cannot draw charts at stockcharts - neither in java nor in flash. Does anybody else have the same problem?

no it's ok here

OK here. Only nuisance ... incessant demands to update by JAVA.

Loads of new stuff on StockCharts.

Martin Pring. Looks interesting. Longer range stuff. Economics.

Decision Point recently. Tons of charts.

RRG, as pointed out on here by Al Dente. Starting to like it a bit.

“Alibaba revenue soars ahead of IPO”
“…roadshow next week...”
http://finance.yahoo.com/news/alibaba-r ... 4.html?l=1

No new LOD will indicate bears are not that serious.

Al_Dente wrote:

uempel wrote:At the mom I cannot draw charts at stockcharts - neither in java nor in flash. Does anybody else have the same problem?

no it's ok here

Uninstalled Java update via Control Panel and computer working a lot better

http://www.jnbridge.com/jn/blog/2013/01 ... _38CqOKVJQ

Out of Bounds wrote:

Heck wrote:ISE 5 times opening long undervalued Index puts as calls = Major Market Down

http://www.ise.com/market-data/isee-index/

What do you mean by "Major"?

Rank above Captain;

Downward move more than expected by majority

BullBear52x wrote:No new LOD will indicate bears are not that serious.

I think it was already established that bears are gone for good. Besides, the Wed is very very bullish.

100% mm, if bulls are able to touch the upper blue line, then this target is likely.

selling pressure is picking up now, new LOD that's all I am asking.

Al_Dente, Heck, thanks

By the way lots of talk about Draghi's comments in Jackson Hole in regard to QE in Europe. Apparently the boss of the German Fed said today that Draghi has been misunderstood, there will be no QE announcement next Thursday (September 4th). So I'll post this chart here, although Cobra doesn't like it presumably he's long DAX

(Note that this is Tuesday's chart, stockcharts updates Europan indices after the NYSE close - DAX closed Wednesday afternoon at 9569.70)

come on bears.

SPX 5m... mind the minor inter day gap just under 2000

Theres a NYMO divergence 08-19 and 08-26, not confirming the highs. Dont know how strong it is as a signal this days.

BullBear might have to wait a bit longer until his bearish call get's heard - or until he gets squeezed like h...

Seriously: I guess big boys are waiting for the index to run into the dashed red grid line. What happens then will signal the direction of the market

uempel wrote:BullBear might have to wait a bit longer until his bearish call get's heard - or until he gets squeezed like h...

Seriously: I guess big boys are waiting for the index to run into the dashed red grid line

wer.png

Short term is there for the bear to take, but....power that be got other plan for all of us

I am out for a walk. bearish wedge.

uempel wrote:Al_Dente, Heck, thanks

By the way lots of talk about Draghi's comments in Jackson Hole in regard to QE in Europe. Apparently the boss of the German Fed said today that Draghi has been misunderstood, there will be no QE announcement next Thursday (September 4th). So I'll post this chart here, although Cobra doesn't like it presumably he's long DAX

(Note that this is Tuesday's chart, stockcharts updates Europan indices after the NYSE close - DAX closed Wednesday afternoon at 9569.70)

DAX.png

Hey, I said the most you can get today is a narrow range bar, which indeed.

updated 100% mm. I'm neutral. range day, nothing lasts.

[attachment=0]spx82714_zpsf9f3dfd1.png[/attachment ]Looks like bears turn is coming. I'm now in TZA again. Lets see what happens.