09/24/2013 Live Update

[bushwaffle]

hasn't even reached the top of the range yet...

[Al_Dente]

Ned Davis

[Cobra]

mini rebound target exceeded, this bull shall have legs.

[jack black]

VIX is doing nothing today. Is that supposed to be some kind of clue?

retesting channel break?.. mind you there's a big open gap below.. VIX 15m

Good point about the gap. If that gets filled, this is my signal to short again.

[Cobra]

breakout would be double bottom, target galaxy far far away. I'd prefer a little consolidation here first otherwise the breakout most likely would be fake.

[fehro]

SPX 60m.. slight neckline adjustment... still a possible but less so..makes the H&S more symmetrical IF we turn down near here.. otherwise a falling bullish wedge/bull flag?

[Mr. BachNut]

A SPY P-Bar at 169.33 was cleared this morning.

Pending on the downside: 168.88
Pending on the upside: 171.78, 172.09, 172.11, 172.51, 173.11

Correct me if I missed anything Miyagi...

Let's see if these clear or get stranded in the days ahead.

[SigmaEcho]

breakout would be double bottom, target galaxy far far away. I'd prefer a little consolidation here first otherwise the breakout most likely would be fake.

Copper down 1.4%
Dax going nowhere.

Prob. more down first ?

[simpletrader]

breakout would be double bottom, target galaxy far far away. I'd prefer a little consolidation here first otherwise the breakout most likely would be fake.

Copper down 1.4%
Dax going nowhere.

Prob. more down first ?

commodity are all down at this moment due to taper reduction effect.

[wayne0708]

As Cobra would say, consolidating here is good for bulls

[Cobra]

so far no strong pullback, the bias is up.

[Cobra]

possible C&H target. we're on dashed blue arrow now. the pullback was just a consolidation which means bulls are strong.

[Cobra]

members only update at 12:50 pm
http://www.cobrasmarketview.com/2013/09 ... ay-update/

[fehro]

SPX 60m

[L_T]

SPY bull flag?

[BullBear52x]

AAPL might be able to break out if they come up with like pink color phone

[fehro]

another look SPX 60m

[BullBear52x]

SPY Intraday = Sell the rip

on 5min. chart I am looking at RSI, so far the accumulation is good, but 5 DMA resistance will be very strong, sitting at 170.82 atm

[fehro]

VIX 15m.... still hanging in.. retested the monthly down channel it broke out of

[fehro]

very minor divergence on the VIX interday.. new highs in SPX , but not new lows in the VIX ... oh and the $RUT making new highs