Back to www.cobrasmarketview.com

08/29/2013 Live Update

Post Reply
User avatar
Cobra
Site Admin
Posts: 58658
Joined: Sat Feb 12, 2011 10:29 pm

08/29/2013 Live Update

Post by Cobra »

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
  • Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
  • Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
  • Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
  • I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.
========================================================================================================================================================================

2nd test of rebound high, key time, failure (sharp pullback here) would mean game over for bulls.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 58658
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/29/2013 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/29/2013 Live Update

Post by fehro »

SPX 5m, 60m
Attachments
Screen shot 2013-08-29 at 5.50.27 AM.png
Screen shot 2013-08-29 at 5.51.16 AM.png
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/29/2013 Live Update

Post by fehro »

Attachments
Screen shot 2013-08-29 at 5.36.39 AM.png
User avatar
Cobra
Site Admin
Posts: 58658
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/29/2013 Live Update

Post by Cobra »

continue on yesterday's double top.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/29/2013 Live Update

Post by Al_Dente »

reports are in as of 8:30 am

Initial jobless claims 331k vs estimates of 332k
GDP 2.5% vs estimates of 2.2%
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/29/2013 Live Update

Post by fehro »

Close-up of 60m SPX above.. hanging on by a thread....
Attachments
Screen shot 2013-08-29 at 6.34.20 AM.png
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/29/2013 Live Update

Post by fehro »

lines redrawn.. sloppy invs H&S... more like a triangle.. for another range day?... Remember going into a long weekend... Friday may see light volume... and little movement. We are also closing month tomorrow. SPX 5m
Attachments
Screen shot 2013-08-29 at 6.47.45 AM.png
TraderGirl
Posts: 5028
Joined: Thu Dec 22, 2011 2:47 pm

Re: 08/29/2013 Live Update

Post by TraderGirl »

Here is my forecast from yesterday...we'll see if we get a higher high today...
Attachments
Screen Shot 2013-08-29 at 6.51.39 AM.png
TraderGirl
Posts: 5028
Joined: Thu Dec 22, 2011 2:47 pm

Re: 08/29/2013 Live Update

Post by TraderGirl »

Al_Dente wrote:reports are in as of 8:30 am

Initial jobless claims 331k vs estimates of 332k
GDP 2.5% vs estimates of 2.2%
Thanks Al!
User avatar
BullBear52x
Posts: 29642
Joined: Tue Feb 22, 2011 3:47 pm

Re: 08/29/2013 Live Update

Post by BullBear52x »

Check out QQQ do or die. more charts on my corner.
Attachments
2.JPG
Last edited by BullBear52x on Thu Aug 29, 2013 10:05 am, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
TraderGirl
Posts: 5028
Joined: Thu Dec 22, 2011 2:47 pm

Re: 08/29/2013 Live Update

Post by TraderGirl »

Charts indicate price will not hold up well today....
User avatar
Cobra
Site Admin
Posts: 58658
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/29/2013 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 08/29/2013 Live Update

Post by KENA »

The Dorsey Wright P & F chart for the BPNYSE is now only 0.57% from changing to dn trend. When this change happens it will remain for a few weeks.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/29/2013 Live Update

Post by Al_Dente »

Percentage performance
829percent_png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 08/29/2013 Live Update

Post by KENA »

Hi BB52X..To late yesterday to ans you..Yes the salmon fishing has been very good here in the Seattle and coast area and is still good. I think you should go fishing.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/29/2013 Live Update

Post by fehro »

resistance here.. SPX 60m
Attachments
Screen shot 2013-08-29 at 7.18.30 AM.png
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 08/29/2013 Live Update

Post by uempel »

Short term update:
78.png
User avatar
BullBear52x
Posts: 29642
Joined: Tue Feb 22, 2011 3:47 pm

Re: 08/29/2013 Live Update

Post by BullBear52x »

KENA wrote:Hi BB52X..To late yesterday to ans you..Yes the salmon fishing has been very good here in the Seattle and coast area and is still good. I think you should go fishing.
Nice, Thanks, I might head out to hit Columbia river. hearing the fish count picking up really good this year.

Well, here is new buy for Seattle.
Attachments
1.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 58658
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/29/2013 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply