07/12/2013 Live Update

[Cobra]

double bottom, probably game's over for bears. lunch time, will be back.

[Heck]

Market warming up for a bloodbath...

[KENA]

Big Ben must be buying.

[daytradingES]

chop slop
http://screencast.com/t/RY0u4IIv

[springheel_jack]

Rising wedge from 1604. The next obvious move is a test of wedge support:

[auger]

I posted this chart last night on twitter. Channel resistance 1680-2? Worth watching IMO:

I'll be here regularly now...I refer to Cobra's charts quite a lot so I'd like to add my take to his here to give something back.

I'd like to hang around here again as well. My return probably won't receive as much fanfare as Jack's, but I still have some good stuff to offer.

[Al_Dente]

Lunch

[daytradingES]

Market warming up for a bloodbath...

I'm intrigued - why do you think so Heck?

[Al_Dente]

unconventional sell below 167 for SPY

what u mean "unconventional" boss

[BullBear52x]

unconventional sell below 167 for SPY

what u mean "unconventional" boss

aggressive, none standard system.

[Mr. BachNut]

I posted this chart last night on twitter. Channel resistance 1680-2? Worth watching IMO:

Will watch.
Just want to say that I appreciate your work. Good stuff.
Nice to see you here and hope you add your voice more often.
You and Peter Brandt have become my favorite classical chartists.

Thanks
I'll be here regularly now. I had a spat with a very aggressive poster here last year but he hasn't posted here in a long while so I think it's safe for me to return now.
I refer to Cobra's charts quite a lot so I'd like to add my take to his here to give something back.

I also appreciate your charts. I don't always get over to your site so am happy to see you back here.
Cobra kicked off the sour folks many months ago. I think he's committed to dumping evil posters, so the waters are safe here now.

Yeah, Cobra has done an excellent job pruning trolls, fight pickers and hot heads.
I know it has been tough for him because some of the banned were solid technicians/traders.
The benefit though is that the site has turned into a really neat (perhaps the best) exchange for equity index technical analysis. Really nice flow of ideas using a variety of tools.
Thanks Cobra!

[springheel_jack]

I posted this chart last night on twitter. Channel resistance 1680-2? Worth watching IMO:

I'll be here regularly now...I refer to Cobra's charts quite a lot so I'd like to add my take to his here to give something back.

I'd like to hang around here again as well. My return probably won't receive as much fanfare as Jack's, but I still have some good stuff to offer.

Auger! Great to see you here mate

Auger's being way too modest.

[auger]

/YM hourly, tweezer bottom may test underside of this pitchfork median

[Al_Dente]

unconventional sell below 167 for SPY

what u mean "unconventional" boss

aggressive, none standard system.

boss if u could just start shorting aggressively here, then we might get down to 167
otherwise squeeze
it’s all up 2 u

[Richarab]

unconventional sell below 167 for SPY

what u mean "unconventional" boss

aggressive, none standard system.

boss if u could just start shorting aggressively here, then we might get down to 167
otherwise squeeze
it’s all up 2 u

(thick Scottish accent) I'm giving her all she's got captain...

[auger]

Auger! Great to see you here mate

Ha! You too, Jack

[user13]

lol another Doji today?
- Cobra have you ever seen a rally like this and are there any statistics you can find on it?

[BullBear52x]

unconventional sell below 167 for SPY

what u mean "unconventional" boss

aggressive, none standard system.

boss if u could just start shorting aggressively here, then we might get down to 167
otherwise squeeze
it’s all up 2 u

it's who blink first lose.

[xfradnex]

If we closed here now - Elders.

[BullBear52x]

lol another Doji today?
- Cobra have you ever seen a rally like this and are there any statistics you can find on it?

I thought we all throw the candle book in the trash already