12/24/2014 Live Update

[Cobra]

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Bigger Rising Wedge, still cannot say it's bearish.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/12 ... ay-update/

[cletus]

Price target for the santa rally ways pre-communicated. No need to guess or analyze markets. It's all pre-planned anyway.

[cletus]

No greed present in this rally yet.

[FlowerGirl]

This trade (up > 16%) is ripe for profit taking

Happy Holidays....

viewtopic.php?f=2&t=1518&p=179163#p179163
viewtopic.php?f=2&t=1518&p=179195#p179195
viewtopic.php?f=2&t=1519&p=179294#p179294
viewtopic.php?f=2&t=1520&p=179468#p179468

Your are the only one between you and your success...

[fehro]

SPX .. still conflicting.. VIX looks like it's about to break down out of a possible H&S.. but could morph into a bullish falling wedge… NDX.. could be making a RS of H&S

[fehro]

NDX view

[fehro]

INDEX - TLT continues to show weakness

[cletus]

Next break above the 20 MA in JNUG is a buy signal, or accumulate signal. It's been a year since the last buy signal in gold/silver correlations, so we're due. The next break up in JNUG will be an early sign it's time to buy aggressively. Something like this you should scale into over the course of several weeks.

Don't worry about catching the exact bottom. Buying up from a low is safer than trying to pick the low.

[fehro]

This trade (up > 16%) is ripe for profit taking
Happy Holidays....
Your are the only one between you and your success...

tsk tsk .. >16% Kids play

[Cobra]

members only update at 10:15 am
http://www.cobrasmarketview.com/2014/12 ... ay-update/

[tsf]

Glad to see you back. Taking a break from all that shopping? Happy Holidays. Stay for a while.

This trade (up > 16%) is ripe for profit taking

Happy Holidays....

viewtopic.php?f=2&t=1518&p=179163#p179163
viewtopic.php?f=2&t=1518&p=179195#p179195
viewtopic.php?f=2&t=1519&p=179294#p179294
viewtopic.php?f=2&t=1520&p=179468#p179468

xiv.png

Your are the only one between you and your success...

[Cobra]

kind of ascending triangle so bias a little up.

[fehro]

Next break above the 20 MA in JNUG is a buy signal, or accumulate signal. It's been a year since the last buy signal in gold/silver correlations, so we're due. The next break up in JNUG will be an early sign it's time to buy aggressively. Something like this you should scale into over the course of several weeks.

Don't worry about catching the exact bottom. Buying up from a low is safer than trying to pick the low.

GDX daily/weekly as a proxy… not sure if it's ready.. could be months of chop yet..possible triangle.. with USD strength / GOLD weakness.. low oil "should" eventually help miners..fwiw.

[fehro]

GDX daily/weekly as a proxy… not sure if it's ready.. could be months of chop yet..possible triangle.. with USD strength / GOLD weakness.. low oil "should" eventually help miners..fwiw.

Another view.. fwiw. Weekly.

[Cobra]

ascending triangle text book target.

[fehro]

VIX daily on 200d

[tsf]

Merry Christmas, Happy Holidays,
and a BIG THANK YOU to Cobra
and all board members

[Cobra]

still hold breakout, so nothing bad yet. 55 min to close.

[finman66]

MERRY CHRISTMAS TO ALL !!

A special thank you to Cobra and all the regulars for sharing your charts, trading thoughts, and dialogue.