10/16/2012 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.

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.


Gap up above yesterday's high, so the gap might not be filled.

For Global ES, the rebound might have legs. The chart still looks missing a revisit to the 10/15 low though but let's enjoy the rise first, if it means to Galaxy far far away, then so be it, no point to argue.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2012/10 ... ay-update/

[Cobra]

info only. there's a small trend line here on DAX but usually I don't trust trend line as resistance or support. Key time for DAX, no failure allowed here, must make a decisive new high from here as this is the 3rd attempt on the high now.

[Cobra]

gold won't be pretty, if simply consolidates here.

[Cobra]

the open.

[uempel]

Update:

[Petsamo]

IWM wants to drop first

[uempel]

Update 2

[uempel]

20 DMA:

[rpccharts]

CONGRATS GOLD BUYERS ON YEST CHART



BOOOOOOOOOOOOOOOOOOOOOOOOOM NUGT

[ClarkW]

CONGRATS GOLD BUYERS ON YEST CHART



BOOOOOOOOOOOOOOOOOOOOOOOOOM NUGT

Great chart rpccharts, great trade. Admittedly I'm long DUST but bought some NUGT in the last hour yesterday to hedge. Glad I did!

[uempel]

Today's market is like Lance Armstrong rushing up the mountain like crazy. If it keeps on going like this the real target might be much higher

[Me XMan]

I FEEL GOOD!

[rpccharts]

Took profits NUGT 15.02 to 16.41

[TraderJoe]

I FEEL GOOD!

Me XMan, what are your next targets??? You were pretty much right on yesterday...

[Me XMan]

Market is like Lance. QE Infinite is like EPO.
Lance+EPO=Winner!
Market+QE Infinite=Winner!

Today's market is like Lance Armstrong rushing up the mountain like crazy. If it keeps on going like this the real target might be much higher

58.png

[rpccharts]

4 cent spread on NUGT sweet

[Me XMan]

The way it's going like this...I'm thinking of $145.50-146.00 area for this week now.

I FEEL GOOD!

Me XMan, what are your next targets??? You were pretty much right on yesterday...

[Cobra]

members only update at 10:12am: http://www.cobrasmarketview.com/2012/10 ... ay-update/

[Al_Dente]

my electricity just came back on
what'd i miss