10/12/2015 Live Update

[Cobra]

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Kind of Ascending Triangle or Pennant, so bias is up.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/10 ... ay-update/

[fehro]

SPX mind the open gaps, 20d 1957ish for a retest, 20w 2041 to the upside
VIX still in a bullish falling wedge.. mind a break of the downtrend
/ES 30m.. nice H&S neckline 1998.. holds a higher low "RS" target 1983

[uempel]

Let's see:

[Out of Bounds]

Long SPY 201.20

[uempel]

Let's see:

The attachment kj.png is no longer available

[uempel]

Long SPY 201.20

Yeah, at the moment the move down is kind of jammed.

[finman66]

QQQ p-bars at $106.83 met

Unfulfilled QQQ at $106.95 next target ?

[uempel]

OoB:

I guess the market is waiting for some kind of signal from Washington, Oil, Brussels, Moscow, Syria or whatever. I'm in wait and see mode

[uempel]

The DAX is blocked too, same story as SPX ...

[fehro]

Weakening… a tad.. VIX pressing downtrend.. AAPL HOD stopped at 50d/20d convergence.. 112.73/112.55. dabble small short here. Add with /ES break of 1998

[Cobra]

members only update at 10:08 am
http://www.cobrasmarketview.com/2015/10 ... ay-update/

[uempel]

If SPX manages to break daily MA 377 by the close today and stay up for the whole week the bulls might party up to SPX 2060ish ...

[fehro]

TLT green, strongish.. RUT/COMPQ testing 50d, kinda slipping.. time will tell

[Out of Bounds]

Breadths are OK, not great but I don't see a reason to worry about my long (except that it is down). Holding.

[QED]

Breadths are OK, not great but I don't see a reason to worry about my long (except that it is down). Holding.

Glad you are back! Where have you been?

[fehro]

TRIN a tad hot... >2

[Out of Bounds]

Mrs. OOB and I have been busy (minor fire in a house and renovating another). Plus I bought BBRY and have been busy as heel trading in and out of it to recoup losses - stupid strategy, I know.

I've been lurking but unwilling to enter into any real conversation because I can't always stay to continue it.

BUT I HAVE BEEN WATCHING YOU ALL!

[Al_Dente]

QQQ heaviest-weighted single stocks (these represent 38% of total holdings):
AAPL 13%
GOOG and GOOGL together 8.2%
MSFT 7.3%
AMZN 5%
FB 4.2%

Inside QQQ is this sector breakdown (90% of total holdings):
Tech 54%
Consumer Cyclical 14%
Healthcare 14%
Consumer Defensives 8%

So the weakness in AAPL and IBB is weighing heavy on QQQ
Nonetheless QQQ is attempting to breakout here at double/triple top, and is struggling at the moment…

latest view of the new apple campus:
https://www.youtube.com/watch?v=uj5zSun ... eD68f9s14-

[Al_Dente]

...BUT I HAVE BEEN WATCHING YOU ALL!

gald 2 c u back again boss