03/25/2013 Live Update

[Cobra]

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Small gap up above Friday's high, so not sure if the gap will be filled or not.

I see Symmetrical Triangle breakout, the global ES tested the previous high then pullback. I don't know how sharp this pullback will be, but generally, it'd be bought because the push up since Friday was very strong, so rarely it's just one legged.

Euro reversed down from up sharply, don't know what happened, must be Cyprus bailout plan has some drawbacks...

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/03 ... ay-update/

[Cobra]

the weekly stock picks are here: viewtopic.php?f=10&t=866&p=123910#p123910

[gappy]

From Myagi:

bbr.png

Broke 50% fib support on this am downgrade;

bbry.png

From http://niftychartsandpatterns.blogspot. ... pdate.html GLTA.

[TumblingDice]

To break to the upside the market would need good breadth and volume. If it manages to pull it out of its ass, then so be it, to the moon we go.
The overnight push has fizzled out and looks meager now, currencies aren't confirming stock market strength, and the only thing reaffirming stock strength right now is bond weakness. Thus I am holding my puts until SPY can decisively break through the Rubicon (~156.6); if it crosses that point it would be the good ole switcharoo, if it doesn't cross soon then usually the market would make a lower low from last week.

[1der]

11.71 pricing.

[KeiZai]

GM

DAX iHnS target met and is time to think about evil side again

O: viewtopic.php?f=2&t=863&p=123744#p123744

[Cobra]

the open.

[1der]

From Myagi:

bbr.png

Broke 50% fib support on this am downgrade;

bbry.png

From http://niftychartsandpatterns.blogspot. ... pdate.html GLTA.

Scalped quick 10 cents on a short and now cannot get anymore to short!!! UNAVAILABLE at IB

[Cobra]

members only update at 9:47 am
http://www.cobrasmarketview.com/2013/03 ... ay-update/

[gappy]

From Myagi:

bbr.png

Broke 50% fib support on this am downgrade;

bbry.png

From http://niftychartsandpatterns.blogspot. ... pdate.html GLTA.

Scalped quick 10 cents on a short and now cannot get anymore to short!!! UNAVAILABLE at IB

I shorted @ Myagi's pbar post Friday but not near enough, so I too am disappointed. Damned if ya do damned if ya don't. GLTY.

[Out of Bounds]

I can't find a trade that i'm comfortable with. Siting on my hands here. Trend is long but boy it looks long in the tooth. Don't want to short because trend is still powerful. I don't see a clear chart pattern to guide me so I sit and wait.

[Cobra]

nothing to say, this bull shall have legs.

[stlwater]

I posted a chart on QIHU last week.. Updated now. Looks like this shall have legs.

Last week...

Daily view shows a lot of head-room...

[Cobra]

Demo of how accurate my daily live update can be. It's free but it doesn't mean bad quality. You're welcome there!
viewtopic.php?f=2&t=867&p=123912#p123912

[gappy]

I can't find a trade that i'm comfortable with. Siting on my hands here. Trend is long but boy it looks long in the tooth. Don't want to short because trend is still powerful. I don't see a clear chart pattern to guide me so I sit and wait.

The ride down the slide is more fun than climbing up the ladder to get there. If a 1650 or 1700 SPX is an acceptable alternative product price to what the rest of the world has to offer, then the top is closer than not. The best part of fishing is nodding off before a strike.

[Mr. BachNut]

Long.
I did do some hedging at Friday's close but those hedges got stopped out last night for a loss.

My composite trend model is up.
My summation index model is neutral and would go negative if Thursday's low was broken to the downside. Looks pretty safe at this point.
There remains a SKEW correction warning but these have been ignored or perhaps processed in the volatile range trading last week.

Looks like staying long and sticking with the trend is what I'll do for now.

[TraderGirl]

Interesting pattern in the VIX...3rd time's a charm...

[Al_Dente]

investing in low volatility (also known as minimum volatility) exchange-traded products:
http://vixandmore.blogspot.co.uk/2013/0 ... tures.html

[KeiZai]

This structure could be done...at least I hope

O: viewtopic.php?f=2&t=864&p=123970#p123970