06/25/2015 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].

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

Kiss broken wedge goodbye?

[fehro]

Mind the bearish rising pink wedge.. should we wedge up for higher highs.... otherwise 50d/20d/20w all very close 2106/2104/2098 just below. VIX invs H&S may expand into a slightly larger version, with a neckline retest of the one from yesterday = RS of the larger one. On the first update after the open, it’ll be on the VIX 15m chart coming up.

[fehro]

VIX 15m.. 2nd pink invs H&S..

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/06 ... ay-update/

[fehro]

OIL... setting up for a drop .. at least to 50d.. if not lower to 57.75ish... w/d/60m

[fehro]

/GC .. on key support.. not looking good... M/W/D

[fehro]

And USD.. .. all down today too? DXY daily / USDOLLAR 60m 50d/20d holding underneath /testing.

[cletus]

I wouldn't be able to sympathize with anyone hold a short right now. I'm not sure how the market reacts to a Greek deal, but the second a headline comes out it could be a short squeeze of epic proportions. The bears have to hope for no news for at least 4 more days while the bulls only need one headline. Seems like a risky proposition to short.

[fehro]

hmmm VIX green SPX green...

[fehro]

INDEX days.. SPX not quite a 50d tag... yet... 2106.94

[fehro]

VIX minor adjustment ... should we hold here..

[fehro]

VIX green..SPX green... still.. someone is lying.. just not sure who...

[Cobra]

members only update at 10:07 am
http://www.cobrasmarketview.com/2015/06 ... ay-update/

[fehro]

http://www.aaii.com/sentimentsurvey/sent_results Bears are dropping.. but not quite to the lows.. bulls not near the highs.. and Neutral is the name of the game.. so as a contrarian indicator.. not clear..

[fehro]

SPX possible expanding wedge.. bear flag.. more chop..
if we don't tag the 50d.. I'd say it's more bearish medium term.. up then drop.. then even gap below it .. would not surprise me... we tag it..and hold it.. bulls have a better chance.... fwiw.. imho.

[fehro]

/CL - USOIL .. 50d almost there.. breaking *1 week support

[Cobra]

triangle? continuation pattern in theory, nowadays mostly reversal pattern.

[DumbMoney]

Hi,Cobra,could you please say sth about $SSEC today?

[fehro]

triangle? continuation pattern in theory, nowadays mostly reversal pattern.

yup.. triangle, also a possible diamond pattern.... same thing happening to my expanding triangle..

[gappy]

Checking Fehro's h/s. Daily.

aa.PNG

Capture.PNG

Bears need more conviction.