Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 1:46 pm
One more leg down for Gold via NUGT?? Works with one more leg up in dollar...
Cobra's Market View
The Intraday US Stock Market Discussion Board
http://bbs.cobrasmarketview.com/
04/09/2012 Live Update
Page 5 of 7
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 1:47 pm
another key time, bulls really need this to be C&H. the bias so far is still up.
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 1:52 pm
forgive the absense of a chart, but i have a break of the ES 5min uptrnd line and retest...looks down from hereCobra wrote:another key time, bulls really need this to be C&H. the bias so far is still up.
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 1:59 pm
Bear Flag broken?
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:00 pm
Taking my money here.
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:01 pm
Financials are leading the way
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:02 pm
no dip no long.soku wrote:i think the market is going up a little bit. es 1386-88 area could be the target. what i am not sure is pull back a little bit or go directly from here.
i like the scenario to pull back to 75-76 then going up
last one was not good enough. 1381 pivot may hold for a while
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:04 pm
overshot, so pullback, normally, this should be just a temp pullback. well, NORMALLY.
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:17 pm
xiv could be trading in a pendant/wedge....
support looks near 200dma...
support looks near 200dma...
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:24 pm
Bounce up tomorrow would not be out of the question if market closes below 1387 region. Above that not sure.
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:30 pm
could be another C&H. I'm out half of my day trade long here, but maintain the target.
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:34 pm
C&H could you remind me what this is ?
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:35 pm
here's the reason I'm out, there're 50% chances a double top is forming here, so better be safe than sorry. 
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:35 pm
cup and handleken d wrote:C&H could you remind me what this is ?
http://www.investopedia.com/terms/c/cup ... z1rZNko1Kv
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:37 pm
so far not a bad consolidation pattern for bulls.
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:39 pm
target met!
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:42 pm
overshot, so might be a pullback here then we'll see.
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:43 pm
the big picture still not good looking for bulls though, bear this in mind.
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:45 pm
AAPL key time, see the link yourself: http://stockcharts.com/public/1684859/c ... /260183775;
Re: 04/09/2012 Live Update
Posted: Mon Apr 09, 2012 2:46 pm
If we finish at these favorable levels, it's anyone's guess if overseas markets will continue the sell off. My spreadsheet's still predicting a gap down