Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 11:55 am
goes as expected, key time, breakdown would be double top.
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02/04/2014 Live Update
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Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 11:56 am
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:02 pm
Have posted three significant research pieces - two on Yellen's arrival and one on Feb employment in last night's Market Outlook.
The FOMC Chair study is particularly important for the intermediate view of the market
http://www.cobrasmarketview.com/2014/02 ... -readings/
My employment view? - wait till at least Thursday before getting long.
-D
The FOMC Chair study is particularly important for the intermediate view of the market
http://www.cobrasmarketview.com/2014/02 ... -readings/
My employment view? - wait till at least Thursday before getting long.
-D
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:03 pm
good bull bar, now it's range, bias is up as range usually means continuation.
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:06 pm
SPX 5m.. @ invs H&S neckline... triangle trend
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:08 pm
just touched es 1748.75...close enough to claim victory?
(1749.25,1753)still think we'll see the other number.. in time
(1749.25,1753)still think we'll see the other number.. in time
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:10 pm
Cobra wrote:good bull bar, now it's range, bias is up as range usually means continuation.
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:30 pm
30 MIN AVGS NEED HALF HOURLY CLOSES ABOVE 1747 TO TURN POSITIVE(a couple ,not just one) .. but heres an update..
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:41 pm
SPY can handle more hits but DIA is not.
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:41 pm
rebound so far weak, could just be bearish rising wedge.
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:42 pm
I shoulnt trade since ive made my money for the day, but i will sell for 2-4 handles at 1752.25 or above,should it come to pass. 
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:45 pm
Great stuff as usual Denali. Thank you.Denali92 wrote:Have posted three significant research pieces - two on Yellen's arrival and one on Feb employment in last night's Market Outlook.
The FOMC Chair study is particularly important for the intermediate view of the market
http://www.cobrasmarketview.com/2014/02 ... -readings/
My employment view? - wait till at least Thursday before getting long.
-D
I wasn't even thinking of employment.
So, perhaps a low before or after.
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:45 pm
SPX 5m.. messy.. the invs H&S neckline still subject to revisions.. the break up seems weak.. so either a bearish rising wedge.. or the neckline is higher/more horizontal?
triangle toast.
triangle toast.
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:46 pm
Looks to me like an Ascending Triangle?Cobra wrote:rebound so far weak, could just be bearish rising wedge.
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:52 pm
Tomorrow the 5th is a scheduled double POMO day.Sooo lets see what the Fed will do.
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:54 pm
Rip will be sold and roll down will be chased, until either entry fails will bulls feel any better. 
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:54 pm
30 min update
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 12:59 pm
MO oversold bounce should be at hand from looking at intraday NYAD. well, 3rd time charm?
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 1:02 pm
Intraday bears waiting station. (ES hourly is entering sell the rip zone also)
Re: 02/04/2014 Live Update
Posted: Tue Feb 04, 2014 1:03 pm
Long shot on 3 day 5min SPY..Dome forming up to 178.18/20..High risk but lets see.