04/25/2013 Live Update

[Cobra]

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Gap up above yesterday's high, so the gap might not be filled.

The Global ES broke decisively above a consolidation area, so looking good. NORMALLY, this breakout shall have legs.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/04 ... ay-update/

[L_T]

SPY pre-market trying to fill the gap created 4/12 - 4/15.

[Out of Bounds]

SPY pre-market trying to fill the gap created 4/12 - 4/15.

I am watching the same thing. I show a premarket high of 158.72, so the gap should be closed. 4/12 has an open/close of 158.68/158.80.

[stlwater]

This really wasn't a bad interview actually. Stanbury and Hussman saying the same things basically. Not sure who originally posted it but we do have price action right now indicative of a topping pattern, seasonality already favors a correction, overbought, early warning indicators flashing sell. I'm certainly not keen on getting long right now but apparently there are a lot of people who believe this time will be different. Somehow QE is the never ending fuel for the economy. Market is at new highs on nothing but inflated value thanks to the fed. The final bubble to burst. Yikes.

http://www.bnn.ca/News/2013/4/24/SP-500 ... alyst.aspx

[uempel]

Opening:

[KeiZai]

DAX back in short at 61.8 although one more high is still possible

and not bullish atm in US either

[KeiZai]

DAX back in short at 61.8 although one more high is still possible

The attachment DAX-3rd.png is no longer available

and not bullish atm in US either

Not sure if we get there but if 1601 is my big level

[Harapa]

Opening:

The attachment 8.png is no longer available

My "Momentum Meter" rose to highest possible level at 22:00EST last night. Rest is history.

[johnnywa]

DAX back in short at 61.8 although one more high is still possible

DAX-3rd.png

and not bullish atm in US either

Not sure if we get there but if 1601 is my big level

ES-LH2.png

Could get there Friday close,bullish Friday,daily would be topping arond 1600 and all others charts should be stretch to upside

[TWT]

$SPX: Are we in the wave (Y) of a DZZ ?

[jarbo456]

I'm writing to tell anyone who uses http://WWW.TRADINGVIEW.COM as a part of their charting packages that it consistently gives bad data, and should be ALWAYS double checked by another data/chart provider.

Recently I sold out of a long term BMY holding. Part of that decision was based on a TRADINGVIEW chart I saw that showed the '99 all time high of about $42 and change.

I didn't check another data provider until this morning to see that in fact the high was $79.25.

[stlwater]

I'm writing to tell anyone who uses http://WWW.TRADINGVIEW.COM as a part of their charting packages that it consistently gives bad data, and should be ALWAYS double checked by another data/chart provider.

Recently I sold out of a long term BMY holding. Part of that decision was based on a TRADINGVIEW chart I saw that showed the '99 all time high of about $42 and change.

I didn't check another data provider until this morning to see that in fact the high was $79.25.

Yes, and stockcharts.com has bad data on HAS.

[Al_Dente]

relative strength

[Cobra]

members only update at 10:12 am
http://www.cobrasmarketview.com/2013/04 ... ay-update/

[KeiZai]

Russell is crazy today looks like BS till next thursday, careful with heavy shorts

[rocket]

IWM pbar hit this morning ($93.63), SPY still exists at $158.83.

[L_T]

Russell is crazy today looks like BS till next thursday, careful with heavy shorts

IWM giving a much cleaner set of bars for entry this morning compared to SPY IMHO. Not as much overlap.

[Cobra]

this bull shall have legs.

[stlwater]

IWM pbar hit this morning ($93.63), SPY still exists at $158.83.

download/file.php?id=43020&mode=view