07/18/2011 Intraday Watering

[99er]

Updates

Copper http://99ercharts.blogspot.com/2011/07/copper_18.html
Crude http://99ercharts.blogspot.com/2011/07/crude_18.html
Silver http://99ercharts.blogspot.com/2011/07/silver_18.html

[cougar]

Cobra: I noticed that IWM puts don’t go up as much as they should as IWM drops…Very few buyers at this level…
Perhaps a short-lived consolidation...ad then a next step down?

[agnosia]

ok we are over the trendline resistance on 5 and 15min charts. i like a retest of /es 1300.

[AK84]

hi cobra

what do u think of the chart of ISRG ? Weekly looks bullish and earnings come out tomorrow.

Any thoughts?

[Cobra]

Cobra: I noticed that IWM puts don’t go up as much as they should as IWM drops…Very few buyers at this level…
Perhaps a short-lived consolidation...ad then a next step down?

normally, the rebound should fail, because the push down was strong.

[BullBear52x]

there is buying pressure per my buy/sell intraday, but VIX not confirm this buy just yet.

[Cobra]

should be 2 legged up, so not yet.

[99er]

Long Bond
Update.
http://99ercharts.blogspot.com/2011/07/30y_18.html

[BullBear52x]

Buy excution can not kick in without VIX, wait for 50 line to breached.

[andyzaky]

Screen shot 2011-07-18 at 8.12.01 AM.png

This chart is for Cobra's Market View only. It's a copyright (C) of Bullish Cross 2011. I wanted to post for everyone's information here. In the last 8 quarters following the financial crisis, Apple has opened in the green 7 times (87.5%). In the 6 out of 8 times Apple opened in the green, the opening price was the high of the day. In the 6/6 times Apple opened deep in the green, the opening price was the high of the day. The stock is down a month after its report in 5 out of the 8 quarters. So while it opens up 7/8 times, it ends up closing in the red in 5/8 times a month after it reports. See the chart below. Please do not repost this anywhere. Except for you Peter. You can post this in your report if you would like:

Thanks Andy, I know you'd appear. I'm really glad!

No problem. Keep up the good work!

[agnosia]

wow. silver breaking 40 ! damn missed that trade

[BullBear52x]

OK to buy now me thinks.

[agnosia]

there is buying pressure per my buy/sell intraday, but VIX not confirm this buy just yet.

also tick looks good. staying long...

[BullBear52x]

this is not bears friendly.

[Cobra]

L2 on first touch of EMA20, suppose to be a safe short for beginners, let's see.

[BullBear52x]

SO weak, buying is stalled already indexes RSI now roll back down. as usual this is bears teritory so find excuse to sell

[rvb]

hi cobra

been reading your site for a couple of months now and your analysis has been a
great help. do you have any thoughts on qcom charts? thanks for all you do.

[Dow Trader]

Hourly EUR update

[Cobra]

hi cobra

been reading your site for a couple of months now and your analysis has been a
great help. do you have any thoughts on qcom charts? thanks for all you do.

I think short-term the selling isn't over yet. The intermediate-term is tough to call now as it could be an Ascending Triangle in the forming.

[BullBear52x]

Bulls are trying again, I am taking a break, hope we have another divergence of some sort.