Back to www.cobrasmarketview.com

11/11/2011 Intraday Watering

Post Reply
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

11/11/2011 Intraday Watering

Post by Cobra »

Another gap up, huge, and out of yesterday's range, so chances are the gap won't be filled. This market really is afraid of nothing after 2 years of brainwash.

The Global ES doesn't look pretty though, pretty much another Bearish Rising Wedge in the forming, so chances are it should eventually breakdown, well, again, it should doesn't mean it would, we'll have to wait and see.
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.
knock
Posts: 338
Joined: Mon Sep 12, 2011 9:42 am

Re: 11/11/2011 Intraday Watering

Post by knock »

Euro:
Attachments
11111113380f4d0f9273e95970.gif
stockcycle
Posts: 329
Joined: Fri May 20, 2011 6:31 am
Location: Vietnam
Contact:

Re: 11/11/2011 Intraday Watering

Post by stockcycle »

The temporary easing of fears in Europe may favor some bounces in stock markets.
http://cyclestockmarketwinner.blogspot.com
trendfollower
Posts: 98
Joined: Thu Nov 03, 2011 9:58 am

Re: 11/11/2011 Intraday Watering

Post by trendfollower »

Stock market video: "Prepare for the Next Big Currency and Equities Move Now"

http://stk.ly/vy3Ji6
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 11/11/2011 Intraday Watering

Post by 99er »

Good Morning.

Honey...what's for breakfast?
http://99ercharts.blogspot.com/2011/11/euro-zone.html

Besides a cartoon.

TGIF.
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 11/11/2011 Intraday Watering

Post by 99er »

User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 11/11/2011 Intraday Watering

Post by 99er »

Let's skip breakfast...
ES http://99ercharts.blogspot.com/2011/11/es_11.html

And head for the beach.

GLTA.
lazytrader
Posts: 46
Joined: Mon Jul 11, 2011 11:31 am

Re: 11/11/2011 Intraday Watering

Post by lazytrader »

Good Morning Cobra,

Have you looked at using Elder Impulse System candles on intraday..any thoughts on reducing whipsaws..

Today bond market is closed...

Thanks
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/11/2011 Intraday Watering

Post by Al_Dente »

Good morning all
US bond market is closed today
Pre market: austerity approved in Italy. FT.com says “We are all Italians”
Search using the headline “Smirks about Italy miss deeper truth”
http://www.ft.com/intl/cms/s/0/a9b07fb8 ... z1dOtahx6h

Greek Lucas Papademos, former vice president of the ECB, is widely respected as a “brilliant” economist who is expected to de-regulate and turn Greece around.
http://www.nytimes.com/2011/11/11/world ... &emc=tha22

Please chirp if you spot a crisis du jour
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: 11/11/2011 Intraday Watering

Post by KENA »

GM. Everything is solved in Europe the world is saved so up.up, and away.Ha.I just finished reading a book titled " Aftershock".You guys should read it,if the writers are right we are in for hard times in 3-5 years.It is something to watch and have in back of your minds but life goes on.I forget where I heard about it but I picked up a copy at the libiary. Forgive my spelling it is not one of best gifts in life.Now lets trade.Maybe I will sell one of my hedges today.Lets see.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/11/2011 Intraday Watering

Post by Cobra »

lazytrader wrote:Good Morning Cobra,

Have you looked at using Elder Impulse System candles on intraday..any thoughts on reducing whipsaws..

Today bond market is closed...

Thanks
I don't have any good idea to reduce the whipsaws.

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
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 11/11/2011 Intraday Watering

Post by 99er »

cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 11/11/2011 Intraday Watering

Post by cougar »

GM!
So-called good news from Greece and Italy will be skillfully inflated, to give us a healthy “rally” and a cozy and anesthetized weekend…IWM and QQQ will be (in my opinion ) good bouncers…
I prefer IWM, which is already at first resistance (73.3). A next step, could take it to the upper limit of the Regression Channel or even the top of the Acceleration Band.
Attachments
IWM 60 min
IWM 60 min
IWM yesterday
IWM yesterday
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/11/2011 Intraday Watering

Post by Al_Dente »

PAGING CHINA (and commodity) WATCHERS
China’s real estate “boom”
http://www.nytimes.com/2011/11/11/busin ... &emc=tha25

“China’s commodities demand levels off”
http://www.ft.com/intl/cms/s/0/927e7ba6 ... z1dOtahx6h

“China export growth dips as EU slows”
http://www.ft.com/intl/cms/s/0/fce7b050 ... z1dOtahx6h
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 11/11/2011 Intraday Watering

Post by cougar »

AAPL support and potential bounce:
Attachments
AAPL60gif.GIF
SB73
Posts: 1265
Joined: Wed Sep 14, 2011 12:20 pm

Re: 11/11/2011 Intraday Watering

Post by SB73 »

wow...400 pts down with absolutely 0 follow through. ECB buys Italian bonds and market goes crazy.
CMT
Posts: 74
Joined: Wed Aug 24, 2011 11:49 am

Re: 11/11/2011 Intraday Watering

Post by CMT »

I'm extremely confused right now, any elliot wavers out there that can help??? Aren't we currently in a 3-3-3-2 minor wave up? I've never been more convinced of anything, but maybe I'm wrong. I guess that is still in play as long as we don't break 1276. I'll be taking on a nasty loss just to see if that is right or not. Thanks in advance for any help!
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/11/2011 Intraday Watering

Post by Cobra »

the open. way too stretched.
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.
stockcycle
Posts: 329
Joined: Fri May 20, 2011 6:31 am
Location: Vietnam
Contact:

Re: 11/11/2011 Intraday Watering

Post by stockcycle »

EUR/USD is approching 1.369 just an inch from the RL 1.3697. No! I definitely don't want to chase this bounce!
User avatar
KENA
Posts: 2996
Joined: Tue Feb 15, 2011 1:54 pm

Re: 11/11/2011 Intraday Watering

Post by KENA »

Cobra wrote:the open. way too stretched.
Thats OK Cobra..The world is saved.
Post Reply