Cobra's Market View

tsf wrote:Putting the above information together

Nice idea tsf--data mining, old school style. Go team humans! Thanks to all who post TA here. (& thanks to Al_Dente for also allowing me to retire my weekend news feed )

Andrews' Pitchfork meets Trended Fibonacci:

“DeMark Fibonacci Charts Embraced by Cohen Lure Investors” http://www.bloomberg.com/news/2012-11-13/demark-fibonacci-charts-embraced-by-cohen-lure-investors.html Why do you have to have such a biased agenda!? "One year, he ate spaghetti in red sauce 60 consecutive nights." :lol: Boss I do...

Al_Dente wrote:“DeMark Fibonacci Charts Embraced by Cohen Lure Investors”
http://www.bloomberg.com/news/2012-11-1 ... stors.html

Why do you have to have such a biased agenda!?
"One year, he ate spaghetti in red sauce 60 consecutive nights."

"Clear"

One perspective of the bearishness of a failure to bounce (or another reason for one) here:

If SPX drops down to 1417/1420 Monday and doesn't recover fast, the market will continue to slide through the green cloud, first target at 1400ish. My favorite scenario is more bullish. A quick dip down to 1420ish and than a strong recovery into the 1440 area When I first started watching this anal...

KeiZai wrote:Russell

Nice counts & awesome charts KeiZai. Could you elaborate on why you foresee a triple three off the mid-Sept high in $RUT, or is the inlaid waveform on that chart just for the purposes of the first 2/3 of the pattern?

One can only assume the definition's Fibonacci number of thumbs-up must be a sign from the numerological market gods, right?

-'No Sire. I would like a single grain of rice for the first square of the chessboard, two for the second, 4 for the third and so on for each day until the last square board full at the 64th square.' Once the delivery was a million grains for that day the king had the mathematician summoned and dec...

knock wrote:This drawing is not accurate. The top is around 1488,

1576.09 - 768.63 = 807.46
1474.51 - 666.79 = 807.72

Are you getting 1488 by some other method, or is my arithmetic off?

Another weekly installment of "things stolen from Al_Dente."

ClarkW wrote:DON'T BE AFRAID TO TELL ME, THAT'S WHAT I WANT TO KNOW

"Wave 4 never moves beyond the end of wave 1." (EWP, 86)
It's most common for wave 3 to correspond to the RSI peak, creating a divergence in wave 5.

Keep on huggin'

Just a weekly reproduction of an A_D special: Betcha wanna click this don't ya!

BullBear52x wrote:That is nice avatar you got there.

Don't forget to vote!

Al_Dente wrote:Could u explain what “HighRev” is?

He's just a man (at least I think he's a man). With a blog. I'll PM you a link.

Update on one of A_D's many children (dangled by its feet and wearing a new shirt): Been fiddling with HighRev's cycles. Something for bulls and bears alike: