03/14/2014 Live Update

[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.

========================================================================================================================================================================

Possible 3 Push Down, so 2 legged rebound due?

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/03 ... ay-update/

[Cobra]

DAX double top, targeting 8418.

[uempel]

Update grid:

[gappy]

Vote Cobra. glta

fx.PNG

[uempel]

DAX double top, targeting 8418.

Not so fast Cobra Traders will do everything that 8920 doesn't break. Short term bullish target today 9060/70 or even 9120 ...

[TWT]

$EURUSD: 3-wave up leg done. Potential retracement target 1.3768-1.3705

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2014/03 ... ay-update/

[KENA]

For what's its worth dept. Several premkt PB"s up to ave of !87.33.....But lets see what works out.

[Cobra]

this push up must exceed the tinted area otherwise bears may step in.

[fehro]

SPX 15m bouncing into resistance

[Cobra]

good, but bulls need do more. this push up secured another leg up though.

[fehro]

SPX 5m.. possible messy little invs H&S neckline subject to revisions

[fehro]

SPX 60m.... maybe just retesting orange channel..

[Mr. BachNut]

Short. Fixed an entry error yesterday and added.

My summation signal is down.
My composite trend signal is up. Took a hit yesterday. It will be interesting to see where it is at after today's close.

If I am pleased by anything, it is that I stayed neutral and did not get long in the enticing action around last week.
Who knows where things go from here. I am inclined to think yesterday looked more like an initiation than a one shot deal, but we will see.
My MO chart suggests we have not reached a level yet where things are oversold or even where lows typically appear. (See small blue ellipse.)
We are at a place though where the MO could make a corrective move back up toward the zero line (maybe next week?) before completing to a cycle low.
My signals say this is still counter trend. So, a dip buying squeeze the weak hands no easy for bears principle face ripper is probably on the menu at some point.

The contract roll is still unfolding and OPEX is next week. So, a lot can happen in both directions in days ahead.
My stops are comfortably above the current trade. I hope to do nothing today.
If I am paying attention, I may try some intraday hedging if the opportunity is clear to limit drawdown, but it is usually best for me to sit and let the setup do its thing for good or ill.

[fehro]

TLT pressing previous near term highs .. again.. Index Dailies

[Cobra]

possible 3 push up, here's my guess. as usual, I'll give bulls more credit.

[fehro]

SPX 5m... revised neckline... hold a higher low... bulls have a possible invs H&S... only thing, VIX is into an open gap.. with a fair amount of thin air above...

[Cobra]

revisit yesterday's low, wait to see if those aggressive dip buyers come in once more.

[Cobra]

members only update at 11:04 am
http://www.cobrasmarketview.com/2014/03 ... ay-update/