05/01/2013 Live Update

[Cobra]

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Flat open, so any gap will be filled.

Could be a rising wedge on Global ES. Wedge is difficult to trade (like divergence) because it's very hard to timing when it's going to fall.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/05 ... ay-update/

[wayne0708]

Can the trend fail soon?

[stlwater]

Can the trend fail soon?

I love your volume customizations.. did you code that?

[victorm]

Can the trend fail soon?

it can be today... "Fed Seen Slowing Stimulus With QE Cut by End of This Year" http://www.bloomberg.com/news/2013-05-0 ... -year.html

[gappy]

Europe bleeds out The ECB meets this week. On Thursday it may announce an interest-rate cut; if it doesn't it is probable that a cut will be made in June. But a rate cut will not be enough, not remotely. As things stand ECB policy is scarcely being transmitted to the periphery, where rates to firms and households are far higher than in Germany. The euro area needs a jolt to expectations, targeted credit easing designed to improve peripheral liquidity, and broad quantitative easing. Mario Draghi has surprised markets before. Hopefully he will do so again. Because at the moment, the ECB is behaving as though the main economic failure in the 1930s was the world's pathetic inability to grit its teeth and endure the costs of tight money. It is the youth figures that are most remarkable, however: 59.1% of those under 25 are unemployed in Greece, 55.9% in Spain, 38.4% in Italy, 38.3% in Portugal, 26.5% in France—3.6m youths in all. http://www.economist.com/blogs/freeexch ... 5?fsrc=rss

[Tutti]

Can the trend fail soon?

I love your volume customizations.. did you code that?

Is that from Eric @ Thinkscrfipter?

[wayne0708]

Can the trend fail soon?

I love your volume customizations.. did you code that?

I am glad you like it, but no it's not mine. I do not remember where I got it from. However I use it very often especially on hrly time frame to figure out short term trend.

[Tutti]

Can the trend fail soon?

I love your volume customizations.. did you code that?

I am glad you like it, but no it's not mine. I do not remember where I got it from. However I use it very often especially on hrly time frame to figure out short term trend.

I'm pretty sure its from here: http://www.thinkscripter.com/ he does good work. If you open up the code and look at the first few lines after "///" it should tell you who the author of the code is.

[stlwater]

Can the trend fail soon?

I love your volume customizations.. did you code that?

I am glad you like it, but no it's not mine. I do not remember where I got it from. However I use it very often especially on hrly time frame to figure out short term trend.

Hmmm... I wonder what the criteria is.. Looks like a calculation using rate of advance/decline and a multiple of volume.

[JFR]

SPY test of open and pivot = fail

[Out of Bounds]

ISM 10 AM

[Cobra]

probably could be read as Double Top breakdown therefore here's the target. again, nowadays simply all morning dips would be bought aggressively. let's see if today could be any different.

[TWT]

$SPX: Testing the trend line of the assumed ED

[L_T]

IWM bear has legs? (stealing Cobra saying).

[BullBear52x]

/es way oversold already.

[L_T]

ISM 10 AM

What was the report? Good or bad?

[BullBear52x]

bears need to break this or never

[wayne0708]

Does Neg Diver work?

[flrtrader]

bears need to break this or never

Looks like it just broke.... Thoughts?