Page 1 of 11
06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:01 am
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: http://stockcharts.com/public/1684859. 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: http://stockcharts.com/public/1684859, thanks!
Small gap down within yesterday's range so the gap might be filled.
You bet lots of people would say it's a potential H&S Top in the forming on the Global ES, well, only when the neckline it taken so from bull's aspect, this current rebound has entered the river of no return, no failure allowed. Let's see. May the force be with snakes.
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:04 am
by Cobra
ALL MY CALLS HERE ARE FOR INTRA-DAY ONLY! Unless specified.
They're only valid for the next 10 minutes or hour or two.
They're absolutely invalid when the market closed.
NEVER EVER treat my call for the next 10 mintues as I'm calling for the next few days or weeks or even years.
Again, all my calls are for intra-day only, they can be changed at any minute as the market is constantly on the move, so as my calls. I HAVE TO CHANGE FAST, don't ever to me that I'm wrong because the market now is up while 10 minutes ago I called the market down, pay attention that I might have changed my call just a second ago. Again and again, this is a day trade forum for TRADERS who can swith direction fast.
If you're interested in the market direction for the next few days and weeks, please subscribe my newsletter services.
Please, members of my newsletter services, refrain from asking questions related to time frame other than day trade, as it's not fair to other members. You can mail me or PM me for your questions related to market directions other than day trade. You can ask my opinion about certain stocks on the forum though. If I'm busy for the day, your questions posted on the forum are not guaranteed to be answered unless you email me.
Thanks.
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:07 am
by SigmaEcho
gm Cobra, DAX already near yesterday lows. H&S still alive or just testing breakout line?
thanks
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:08 am
by CarlosDK
Cobra if we break the neckline on that,, we will go down to near the lows and test near it.
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:09 am
by CarlosDK
Cobra what do you think ?
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:11 am
by CarlosDK
Cobra can you have a look on XHB daily chart - what do you see here ?
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:21 am
by Cobra
CarlosDK wrote:Cobra what do you think ?
reasonable.
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:22 am
by Cobra
CarlosDK wrote:Cobra can you have a look on XHB daily chart - what do you see here ?
Not bearish, hold very well.
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:26 am
by cougar
Paging Sohu: watch ARNA for the next 3 days
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:31 am
by Cobra
the open.
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:34 am
by Petsamo
I think the DAX has not made a lower low, but they made a higher high, a little. Maybe we help them get a lower low
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:53 am
by soku
yesterday 1315 break-up is strange. now back down also strange.
currently i read it as rejected at 1314 and seeking for support. no big room for down leg either. maybe 1308-09 area.
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 9:56 am
by soku
cougar wrote:Paging Sohu: watch ARNA for the next 3 days
thanks. nice chart.
some fda action close to the end of this month. do you have any projection if pass?
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 10:03 am
by cougar
soku wrote:cougar wrote:Paging Sohu: watch ARNA for the next 3 days
thanks. nice chart.
some fda action close to the end of this month. do you have any projection if pass?
Hard to tell...A lot of optimism is baked in, already...but I would sell into $12.
Also, SPX 1315 is the rollover number. THEY do remember it for a few weeks
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 10:04 am
by Al_Dente
Jamie testifies to his employees at the Senate, live, now:
http://www.c-span.org/Events/Banking-CE ... 7431430-1/
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 10:05 am
by soku
CarlosDK wrote:Cobra what do you think ?
yr count is similar to daneric. pretty close to my projection as well.
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 10:06 am
by Cobra
I'm neutral, wait for the breakout first, can be either side.
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 10:07 am
by Petsamo
Volume seems high
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 10:09 am
by soku
a chart from the corner. he is conservative this time.
http://www.etf-corner.com/.a/6a010535da ... ac4970c-pi
Re: 06/13/2012 Live Update
Posted: Wed Jun 13, 2012 10:12 am
by ClarkW
Short a little Gold via DZZ here for a quick trade