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09/25/2012 Live Update

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Cobra
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09/25/2012 Live Update

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Small gap up but above yesterday's high so not sure if the gap would be filled or not.

Could be a Symmetrical Triangle formed on the Global ES, so the overall bias is up. It's kind of key time now because the price is testing the overnight high, since it's the 2nd time, so no failure allowed here. Let's wait.
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Cobra
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Re: 09/25/2012 Live Update

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I don't see anything wrong on DAX.
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Cobra
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Re: 09/25/2012 Live Update

Post by Cobra »

gold looks good. it's base and breakout setup.
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Re: 09/25/2012 Live Update

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oil may continue down sometimes later as I see the rebound in the past 4 bars as bear flag.
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Cobra
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Re: 09/25/2012 Live Update

Post by Cobra »

EURO still is Bull Flag.
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KeiZai
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Re: 09/25/2012 Live Update

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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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Re: 09/25/2012 Live Update

Post by TWT »

EURUSD: A bullish falling wedge could hinder the progress of the equity bears "desideratum"
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Cobra
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Re: 09/25/2012 Live Update

Post by Cobra »

the open. now everyday is either gap up close lower or gap down close higher. so the question is today opening high going lower again, or the 3rd time is the charm?
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noob
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Re: 09/25/2012 Live Update

Post by noob »

Cobra wrote:the open. now everyday is either gap up close lower or gap down close higher. so the question is today opening high going lower again, or the 3rd time is the charm?
Hm... is 1460 resistance? The market is waiting for confidence at 10 it seems.
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Jack12
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Re: 09/25/2012 Live Update

Post by Jack12 »

TWT wrote:EURUSD: A bullish falling wedge could hinder the progress of the equity bears "desideratum"
Dragi is out of the meeting with Merkel, so things could change
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ClarkW
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Re: 09/25/2012 Live Update

Post by ClarkW »

Cobra, what are your thoughts on GDX 60min and/or hourly?

What about any Elliott Wavers?

Thanks
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KENA
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Re: 09/25/2012 Live Update

Post by KENA »

Tha Algo is still in dn trend..Not even a sideways blip as yet..Lets see what happens today.
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Re: 09/25/2012 Live Update

Post by KENA »

The Acum/Dist. Is making its way dn but has a ways to go to go into distribution.
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Re: 09/25/2012 Live Update

Post by KeiZai »

There is no better vehicle in US than shorting russell...lol

P.S: DAX and euro are strong (finally outperforming US), I like it :mrgreen:
Last edited by KeiZai on Tue Sep 25, 2012 10:03 am, edited 1 time in total.
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Cobra
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Re: 09/25/2012 Live Update

Post by Cobra »

a spike, unfortunately, overshot, so might see pullback or consolidation here.
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Re: 09/25/2012 Live Update

Post by TWT »

NDX: It is a matter of gaps. Here a trend reversal could be around the corner
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Cobra
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Re: 09/25/2012 Live Update

Post by Cobra »

ClarkW wrote:Cobra, what are your thoughts on GDX 60min and/or hourly?

What about any Elliott Wavers?

Thanks
should be more up ahead. may or may not see some short-term pullback first though.
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Cobra
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Re: 09/25/2012 Live Update

Post by Cobra »

possible target at $146.24.
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Mr. T
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Re: 09/25/2012 Live Update

Post by Mr. T »

We're never going down again!!!!

Miyagi = you awake yet?
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ClarkW
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Re: 09/25/2012 Live Update

Post by ClarkW »

Cobra wrote:
ClarkW wrote:Cobra, what are your thoughts on GDX 60min and/or hourly?

What about any Elliott Wavers?

Thanks
should be more up ahead. may or may not see some short-term pullback first though.
Thanks Cobra!
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