01/08/2015 Live Update

[Cobra]

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Fib 50%, still can be seen as bear flag. Sometimes the rebound can go as high as 80%.

[Eddie]

Gotta give Flower Girl props for building that SVXY position yesterday.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/01 ... ay-update/

[FlowerGirl]

viewtopic.php?f=2&t=1541&p=180664#p180664
viewtopic.php?f=2&t=1541&p=180660#p180660

[grandeG]

Nicely done FG.

viewtopic.php?f=2&t=1541&p=180664#p180664
viewtopic.php?f=2&t=1541&p=180660#p180660

[FlowerGirl]

To make money in this market you need to have
...a winning strategy &
...faith in it
...and lots of patience

no Faith/Patience...no Money...no Honey...just as simple as this...

SVXY Long is possibally a 20+% trade...

[FlowerGirl]

Gotta give Flower Girl props for building that SVXY position yesterday.

[FlowerGirl]

Nicely done FG.

viewtopic.php?f=2&t=1541&p=180664#p180664
viewtopic.php?f=2&t=1541&p=180660#p180660

[fehro]

/es 120m.. possible invs H&S cyan neckline…(target top green trend)... possible larger red diamond top.. should we fail near the red/green trend / 50d/20d ish range..

[daytradingES]

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Fib 50%, still can be seen as bear flag. Sometimes the rebound can go as high as 80%.

Cobra,
when you say 80% are you not talking a multi-day move?
So re day-trading - ie today - are do you see a bear flag for today??

[Out of Bounds]

[cletus]

The market is embroiled in fear still, even after yesterday's rally.

[fehro]

SPX

[cletus]

Fib 50%, still can be seen as bear flag. Sometimes the rebound can go as high as 80%.

Cobra has the fib drawn incorrectly. It should show the recent decline as a retracement of the rally that started in December, NOT showing this rally as a retracement of the most recent decline. You only talk about retracements up when there is a lower low on the chart. There was no lower low. It's a problem of bias, in that if a person thinks the market is heading lower, they see what they want to see.

Just calling it how I see it.

[BullBear52x]

Now my mid to long term setup is entering sell the rip zone, until it fails will bulls got a say.

[cletus]

Here is how the fib should have been drawn by Cobra

[Cobra]

members only update at 9:42 am
http://www.cobrasmarketview.com/2015/01 ... ay-update/

[fehro]

SPX daily.. diamond pattern.. top seems more likely.. or just a continuation.. then yesterday's Mr. M's crazy pbar target could get tagged/ http://thepatternsite.com/diamondt.html

[Cobra]

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Fib 50%, still can be seen as bear flag. Sometimes the rebound can go as high as 80%.

Cobra,
when you say 80% are you not talking a multi-day move?
So re day-trading - ie today - are do you see a bear flag for today??

Yes, 80% is multiday move.

Day trading, right now all we think is find chance to long, forget about flag or whatever. I mean for now. Maybe later situation changes then we think other way...

[fehro]

INDEX dailies.. COMPQ/NDX nearing MA's.. RUT testing 20d