Cobra's Market View

Any thoughts on going home Long OR Short? Iwm looks weak, but divergence on 2hr (stockrsi and Nyadv) points higher, to closeoutputs, or hold-em? hmmm For over the weekend? Tough call, but the market is definitely expanding the range to the downside, which says something. Still, buying weakness has ...

Al_Dente wrote:

auger wrote:/ES hourly, this is my best bearish guess

I like your dome boss
thx

Thanks, Al. Aug.5 is the possible turn date, on that one. I've been thinking that this can't technically be an H&S with that low of a left shoulder. Could yield similar result, though.

8:33 AM 7/26/2013 http://screencast.com/t/vgs43avKxh2 More likely /ES will move back to the Globex highs you meant Globex lows ;) If you caught that whole counter trend turn, good job! Still looking for the highs to be taken out though. Sorry for the late reply.. computer prbs Sld at 78.5 and high ...

/ES hourly, this is my best bearish guess

/ES Tweezers bottom

daytradingES wrote:

auger wrote:

daytradingES wrote:8:33 AM 7/26/2013
http://screencast.com/t/vgs43avKxh2

More likely /ES will move back to the Globex highs

you meant Globex lows

If you caught that whole counter trend turn, good job! Still looking for the highs to be taken out though.

DaytradingES, did you catch the move?

daytradingES wrote:8:33 AM 7/26/2013
http://screencast.com/t/vgs43avKxh2

More likely /ES will move back to the Globex highs

/YM Globex 2x bottom, Globex highs and gap left behind. We know where this is going

/YM Could see new highs real soon here gang

The charts I posted earlier are hourly bars, BTW. Arrows are a little off, but you get the idea. Pretty sure next dip is buyable, low is in.

/ES and /YM gap fills set up for new highs

Dr ALs internals probably mixed, seeing bullish divergence on 60min tick, and also on % of advancing isues... Nyadv:nytot, s/t "can change quick".... seems better to be long unless iwm takes out 10345/55 area , still looking for rotation up toward 10430/40 later today /ES hourly money flo...

Dr ALs internals probably mixed, seeing bullish divergence on 60min tick, and also on % of advancing isues... Nyadv:nytot, s/t "can change quick".... seems better to be long unless iwm takes out 10345/55 area , still looking for rotation up toward 10430/40 later today /ES hourly money flo...

fehro wrote:messy pattern.. but you could say it's there... if we don't hold here.... SPX 60m...

Actually, those tend to be more reliable than the symmetrical HS because less people will see it.

Watching what happens immediately after RTH close. Always seems to tell the real story these days.

master traders, my ? is it seems to me that all the overnight folk (/ES futures) will want to sell their positions also. any thoughts on this? This is a good question. Will this sell off continue into tomorrow morning? Maybe some one has an opinion on this, please. Considering the index futures /ES...

DIA intraday

DIA possible 2 day double bottom at gap support.

daytradingES wrote:

BullBear52x wrote:

daytradingES wrote:a bit stale
now out and trying to decide if to short again

greed kills boss

you're right!!
bad trade and lost 0.5 point of my profits ....

what's you thoughts on the next move?

Wait for 1683