07/24/2015 Live Update

[Cobra]

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Double bottom or not, wait and see.

[Cobra]

members only update stars here: http://www.cobrasmarketview.com/2015/07 ... ay-update/

[fehro]

SPX mind 20d next lower level 2091, lower trends. .. Very pretty H&S on SPY with the premarket data 5m... measured move 207 bottom of gap. fwiw.

[Al_Dente]

AMZN

[q2model]

Why is XLV down so much?

[fehro]

now without the pre-market.. those P-bar from yesterday make the RS SPY 5m

[Al_Dente]

Why is XLV down so much?

....dupe....

[q2model]

Why is XLV down so much?

biotech
https://stockcharts.com/freecharts/carpet.html?[DJUSBT]

Thanks

[Al_Dente]

Why is XLV down so much?

biotech
https://stockcharts.com/freecharts/carpet.html?[DJUSBT]

Thanks

edit: sorry that link isn't coming up properly
BIIB
SNSS
and others

[fehro]

SPX .. VIX at resistance.. another RS? or pop... messy H&S SPX 60m.. bottom right... stealthy with tiny shoulder orange neckline.. similar to SPY 5m... target 2065.. crazy I know. be prepared.

[daytradingES]

...

[fehro]

messy not perfect.. but H&S 60m USD/JPY 2 RS.. seems to be a tad more common these days... worth watching gold/oil for a possible sharp pop..

[fehro]

INDEX days... RUT weakest.. TLT new highs again...

[Al_Dente]

$VIX finally started showing some fear late yesterday

[Al_Dente]

Momentum
Standard overbought/oversold levels are 80/20
I use > 50 for long and < 80 for short
DAILY not intraday

[Cobra]

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

[Al_Dente]

Intraday internals show bear bias
Weak ... but at this moment, still qualifies as bear bias until it reverses........

[fehro]

SPX weekly.. crazy talk.. but "should" that earlier H&S go.. the weekly "could" be an outside reversal.. almost a slam dunk for the bears.. into the next few weeks... be very very careful . Possible messy H&S on the weekly.. 1960 target... crazy talk

[Al_Dente]

Descending triangle breaks downward 64% of the time [Bulkowski]

[fehro]

INDEX days... SPX 20d next 2091 ..RUT very weak