11/14/2012 Live Update

[Cobra]

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Flat open so any gap will be filled.

Could be a Symmetrical Triangle in the forming on the Global ES, which, since the prior trend is down, is a little bit bearish biased.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2012/11 ... ay-update/

[Cobra]

DAX: Consolidates along the neckline generally is not good.

[pezhead9000]

FWIW - not relevant for today. However, Call-over-Put volume marked the top for Tech. Massive call writing at the top.

[daytradingES]

Looking for the board's help on Dir 30
This is an indicator (a switch) I use as part of my spreadsheet.
This morning was a difficult choice.


Looking for help on Dir 30
http://screencast.com/t/rjYS9Yc6kT

[Petsamo]

Yesterday, we helped the DAX rally big from their lows. Do we get to do the opposite today ?

[Al_Dente]

“Has Germany Taken a Turn for the Worse”
Ned Davis Research
one page
http://screencast.com/t/XB8avOyhv4

[Cobra]

the open.

[Petsamo]

I wonder why they downgraded POT & MOS

[TraderJoe]

Pets,
A few beat down stock you might checkout
HGSH, APPY

[ClarkW]

Will the trendline hold for GDX?

[TraderGirl]

Was working on same chart....trying to head below wedge....

[TraderGirl]

DUST breaking out of channel....will upper resistance hold??

[Al_Dente]

[TWT]

SPX: Time is running out for the bulls. The sideways move could result in a continuation pattern

[Mr. BachNut]

Market Neutral
I did have a long XIV setup trigger yesterday. So, I am not completely neutral.

My trend composite signal remains bearish.
My summation index signal remains bearish.

I did have a mildly oversold MO read at the close yesterday (could get more oversold).
Combined with the RSI divergence Cobra noted, there is some evidence for a bounce (yesterday's horrible close notwithstanding).

If yesterday's low holds, there may be an inverse H&S shaping. It's ugly but it is there.
So, if yesterday's high could get broken, the SPY could go for a bit of a run.
The trend is still down however.

[Al_Dente]

The “analysts” weigh in on AAPL

http://tech.fortune.cnn.com/2012/11/14/ ... Markets%29

[Cobra]

members only update at 10:04 am
http://www.cobrasmarketview.com/2012/11 ... ay-update/

[Cobra]

nothing to say, wait for range breakout. looks like it might be on the downside.

[daytradingES]

10:00 am : Equities have shown little reaction to the latest business inventory data. The S&P 500 is currently flat.

During September, inventories rose by 0.7%, which is slightly above the 0.6% increase that had been expected by the Briefing.com consensus. This follows prior month's reading of a 0.6% increase.DJ30 -4.65 NASDAQ +7.38 SP500 +0.52 NASDAQ Adv/Vol/Dec 1002/294.9 mln/1017 NYSE Adv/Vol/Dec 1206/84.3 mln/1530