Cobra
Site Admin
Posts: 59809 Joined: Sat Feb 12, 2011 10:29 pm
Post
by Cobra » Fri Jul 12, 2013 1:23 pm
double bottom, probably game's over for bears. lunch time, will be back.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report .
Subscribers can find all the members only posts HERE .
StockCharts members, please vote for me HERE , thanks.
Heck
Posts: 2535 Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada
Post
by Heck » Fri Jul 12, 2013 1:24 pm
Market warming up for a bloodbath...
KENA
Posts: 2996 Joined: Tue Feb 15, 2011 1:54 pm
Post
by KENA » Fri Jul 12, 2013 1:25 pm
Big Ben must be buying.
daytradingES
Posts: 2245 Joined: Thu Sep 13, 2012 10:46 am
Post
by daytradingES » Fri Jul 12, 2013 1:26 pm
Educational only and not trading advice (EO&NTA)
Good trading to all
springheel_jack
Posts: 64 Joined: Wed Aug 17, 2011 2:19 pm
Contact:
Post
by springheel_jack » Fri Jul 12, 2013 1:27 pm
Rising wedge from 1604. The next obvious move is a test of wedge support:
Attachments
auger
Posts: 147 Joined: Wed Feb 16, 2011 8:49 pm
Contact:
Post
by auger » Fri Jul 12, 2013 1:30 pm
springheel_jack wrote: Mr. BachNut wrote: springheel_jack wrote: 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
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
Post
by Al_Dente » Fri Jul 12, 2013 1:31 pm
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
daytradingES
Posts: 2245 Joined: Thu Sep 13, 2012 10:46 am
Post
by daytradingES » Fri Jul 12, 2013 1:35 pm
Heck wrote: Market warming up for a bloodbath...
I'm intrigued - why do you think so Heck?
Educational only and not trading advice (EO&NTA)
Good trading to all
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
Post
by Al_Dente » Fri Jul 12, 2013 1:40 pm
BullBear52x wrote: unconventional sell below 167 for SPY
what u mean "unconventional" boss
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x
Posts: 29892 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Fri Jul 12, 2013 1:44 pm
Al_Dente wrote: BullBear52x wrote: unconventional sell below 167 for SPY
what u mean "unconventional" boss
aggressive, none standard system.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Mr. BachNut
Posts: 2688 Joined: Thu Feb 24, 2011 2:28 pm
Post
by Mr. BachNut » Fri Jul 12, 2013 1:45 pm
Al_Dente wrote: springheel_jack wrote: Mr. BachNut wrote: springheel_jack wrote: 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
Posts: 64 Joined: Wed Aug 17, 2011 2:19 pm
Contact:
Post
by springheel_jack » Fri Jul 12, 2013 1:46 pm
auger wrote: springheel_jack wrote: Mr. BachNut wrote: springheel_jack wrote: 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
Posts: 147 Joined: Wed Feb 16, 2011 8:49 pm
Contact:
Post
by auger » Fri Jul 12, 2013 1:47 pm
/YM hourly, tweezer bottom may test underside of this pitchfork median
Attachments
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
Post
by Al_Dente » Fri Jul 12, 2013 1:49 pm
BullBear52x wrote: Al_Dente wrote: BullBear52x wrote: 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
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Richarab
Posts: 617 Joined: Thu Sep 22, 2011 12:19 pm
Contact:
Post
by Richarab » Fri Jul 12, 2013 1:53 pm
Al_Dente wrote: BullBear52x wrote: Al_Dente wrote: BullBear52x wrote: 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
Posts: 147 Joined: Wed Feb 16, 2011 8:49 pm
Contact:
Post
by auger » Fri Jul 12, 2013 1:53 pm
springheel_jack wrote:
Auger! Great to see you here mate
Ha! You too, Jack
user13
Posts: 262 Joined: Fri Jul 29, 2011 3:00 pm
Location: New York
Post
by user13 » Fri Jul 12, 2013 1:56 pm
lol another Doji today?
- Cobra have you ever seen a rally like this and are there any statistics you can find on it?
BullBear52x
Posts: 29892 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Fri Jul 12, 2013 2:02 pm
Al_Dente wrote: BullBear52x wrote: Al_Dente wrote: BullBear52x wrote: 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.
My comments are for entertainment/educational purpose only. NOT a trade advice.
xfradnex
Posts: 632 Joined: Fri Sep 09, 2011 12:14 pm
Post
by xfradnex » Fri Jul 12, 2013 2:04 pm
If we closed here now - Elders.
Attachments
Flip that coin.
Legal note:Don't believe anything I say above. You may lose yourA$$. .
My chart has Daily Elders (Close, High, and Low), MA-2, CCI, and ATR for each stock; all color coded.
BullBear52x
Posts: 29892 Joined: Tue Feb 22, 2011 3:47 pm
Post
by BullBear52x » Fri Jul 12, 2013 2:05 pm
user13 wrote: 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
My comments are for entertainment/educational purpose only. NOT a trade advice.