12/04/2015 Live Update

[uempel]

Update:

[Cobra]

members only update at 10:03 am
http://www.cobrasmarketview.com/2015/12 ... ay-update/

[Unique]

CL Oil: Daily bear sandwich setup combined with weekly breakdown bar.
Still thinking at least 38 for the short-term swing target, then will judge its momentum if wants to go for 35 and 33.30 when it gets there.

[fehro]

viewtopic.php?f=2&t=1874&p=208154&hilit=gold#p208154 as per yesterday… /GC pops up to 1075ish.. chart delayed.. weekly candle worth watching… * added closer chart.

/GC 1085!! outside reversal on the weekly! crazy gold short squeeze starts now.. hold on...

[Unique]

GC/GOLD: If bulls can end strong today/close above daily 20EMA 1080~ it would confirm the daily extreme oversold signal setup which provides a short-term swing target back to 1110-1120. Similiar to Aug 10 to 21st formation

[Unique]

viewtopic.php?f=2&t=1874&p=208154&hilit=gold#p208154 as per yesterday… /GC pops up to 1075ish.. chart delayed.. weekly candle worth watching… * added closer chart.

/GC 1085!! outside reversal on the weekly! crazy gold short squeeze starts now.. hold on...

Good catch, weekly outside bar looks like great setup

[fehro]

INDEX days . GLD nears gap… 104.50-105.50 - ish… fwiw. either pause.. here.. or a fill.

[Cobra]

Fib 61.8% mm?

[Unique]

ES: Think 2074 and 2080 are very important resistance levels which also coincides closely with the daily 8EMA/20EMA levels.

Gotta go early, have a great weekend everyone!

[fehro]

SPY tags 20d .. well almost 0.01 short.. … SPX 3 points short

[daytradingES]

unique
have a great weekend
don't spend all that ES moola on a fancy new drone!!

[Al_Dente]

Hot JUICE today

GDX NUGT the inverse H&S charted on cobra's board last night = brokeout above neckline
GDX needs to stay above 14 - 14.20 (NUGT must stay above 28). Short dollar UDN must continue to cooperate.

[Al_Dente]

TOO BIG TO FAIL
Standard and Poor's cut its ratings for eight major American banks yesterday.
Ratings for Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley were cut by one level to BBB+.
Bank of New York Mellon, State Street, and Wells Fargo were also cut a notch, to A, while JPMorgan went down to A-.
http://www.wsj.com/articles/s-p-cuts-ra ... 1449150596

if you hit a paywall, just click the top story here:
https://www.google.com/search?hl=en&gl= ... gws_rd=ssl

For reference: junk bonds carry a rating below BBB from S&P. Bonds with ratings at or above BBB levels are considered “investment grade”.
Example: HYG, our favorite junk fund, holds 1% BBB rated bonds, 50% BB rated, 40% B rated, and 10% are rated below B.

[fehro]

SPX tags 20d. .. looking for a possible 200d retest? 2064.67 to start.. TRIN a tad warm 1.32

[jaijailyc]

Cut happened yesterday.

TOO BIG TO FAIL
Standard and Poor's cut its ratings for eight major American banks yesterday.
Ratings for Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley were cut by one level to BBB+.
Bank of New York Mellon, State Street, and Wells Fargo were also cut a notch, to A, while JPMorgan went down to A-.
http://www.wsj.com/articles/s-p-cuts-ra ... 1449150596

if you hit a paywall, just click the top story here:
https://www.google.com/search?hl=en&gl= ... gws_rd=ssl

For reference: junk bonds carry a rating below BBB from S&P. Bonds with ratings at or above BBB levels are considered “investment grade”.
Example: HYG, our favorite junk fund, holds 1% BBB rated bonds, 50% BB rated, 40% B rated, and 10% are rated below B.

[Al_Dente]

Add on to Banks post:
Obviously, this means the banks will have to pay more interest (higher yield) on new bonds to compensate investors for the “higher risk” / lower rating

[Al_Dente]

Cut happened yesterday.

yes, thanks

TOO BIG TO FAIL
Standard and Poor's cut its ratings for eight major American banks yesterday.
Ratings for Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley were cut by one level to BBB+.
Bank of New York Mellon, State Street, and Wells Fargo were also cut a notch, to A, while JPMorgan went down to A-.
http://www.wsj.com/articles/s-p-cuts-ra ... 1449150596

if you hit a paywall, just click the top story here:
https://www.google.com/search?hl=en&gl= ... gws_rd=ssl

For reference: junk bonds carry a rating below BBB from S&P. Bonds with ratings at or above BBB levels are considered “investment grade”.
Example: HYG, our favorite junk fund, holds 1% BBB rated bonds, 50% BB rated, 40% B rated, and 10% are rated below B.

[fehro]

viewtopic.php?f=2&t=1874&p=208154&hilit=gold#p208154 as per yesterday… /GC pops up to 1075ish.. chart delayed.. weekly candle worth watching… * added closer chart.

/GC 1085!! outside reversal on the weekly! crazy gold short squeeze starts now.. hold on...

Good catch, weekly outside bar looks like great setup

/GC near HOD .. sitting at 1087 atm

[uempel]

Bullish Percentages are/remain bearish:

http://stockcharts.com/freecharts/candl ... BPENER|B|0

[superxy]

P-bar TGT met....