11/22/2013 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

========================================================================================================================================================================

Strong push up then consolidation usually favors bulls, so the bias is up.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/11 ... ay-update/

[KeiZai]

GM I posted potential russell count here : viewtopic.php?f=2&t=1127&p=148546#p148546 and that I am short there (1119 dec) still could go little higher but I like R/R there and also algos are with me so let's see

[gappy]

pm.PNG

Hightower Friday fun. glta

[BigChief]

The SPY is moving up with another boost in momentum, it retested the prior breakout, held its rising channel within the larger rising channel, and is returning to the prior high, key time for another breakout, if it does Im looking for a top price for a good reversal around 184 to 185, but it all depends also on how the VIX holds up as well, still nervously holding long here...

Longterm, most technical and fundamental indicators still show higher prices, so any pullback is still a buy until that changes. This market continues to astound me.

[uempel]

I've got a good time signal - sometime between the opening and 11:00 a.m.

[Claire]

uempel: what does "red signal time" mean? Does it mean a likely correction -- to the red? thanks

[uempel]

Update with Andrews and Fib fans:

[uempel]

uempel: what does "red signal time" mean? Does it mean a likely correction -- to the red? thanks

No, no - it means either acceleration or reversal. Red is only a color which shows the dashed vertical more clearly.

[johnnywa]

Would be nice to see Miyagi 5 phatom qqq bars hit in the next couple of days,to reload for another long

[Cobra]

members only update at 10:03 am
http://www.cobrasmarketview.com/2013/11 ... ay-update/

[Cobra]

this bull might have small legs.

[uempel]

This might have been a trap, at the moment my intraday bias is bearish...

[KeiZai]

DAX 5 waves up are done imo, watching retrace for buying opp. again (if in 3waves)

[Mr. BachNut]

Neutral.

My summation index signal is neutral. It was setting up for a short but yesterday's action nullified it.
My composite trend signal is up. On the surface continuing strength. Under the hood waning momentum. Various moving average thresholds are snugging up to current readings; so signal is getting more fragile.

Some of the Elliott Wavers I check in on from time to time are calling out pretty mature counts at this point and calling for a significant high soon.
They may just be a fresh set of bears for the bulls to trample. However, my signals are in a place where they ought to pick up a turn pretty well if it unfolds. We shall see.

[BullBear52x]

GM I posted potential russell count here : viewtopic.php?f=2&t=1127&p=148546#p148546 and that I am short there (1119 dec) still could go little higher but I like R/R there and also algos are with me so let's see

The attachment R22.png is no longer available

IWM intraday = buy

sell the rip on mid to long term, so, here's where the go evil button for me <111.09

[uempel]

Ok, the move I'm waiting for should occur at 10:50 a.m.

[koolblue]

YOU SHOULD ALSO NOTE THE TOP SHORTLY AFTER 11:00

[KeiZai]

GM I posted potential russell count here : viewtopic.php?f=2&t=1127&p=148546#p148546 and that I am short there (1119 dec) still could go little higher but I like R/R there and also algos are with me so let's see

R22.png

IWM intraday = buy

sell the rip on mid to long term, so, here's where the go evil button for me <111.09

yep too choppy atm at least one more high is quite likely could be in triangle pattern maybe b-wave (part of 4th wave) with small c-wave down to come and then up to make a new high, not sure but this looks likely atm

[KeiZai]

Ok, the move I'm waiting for should occur at 10:50 a.m.

Good perfect would be up till then and reverse at 10:50