Back to www.cobrasmarketview.com

02/16/2016 Live Update

fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/16/2016 Live Update

Post by fehro »

ALdaytrade wrote:
fehro wrote:Tradingview SPX500 CFD ~ /ES ish… mind the H&S 15m.. could see a 17 point drop if it goes near the end of day.. seems the RS needs more time
Where is the right shoulder, 1887 - 1889? 1892?
If bears want to be stealthy about it.. Right Shoulder is done.. neckline break look out below!
Attachments
Screen Shot 2016-02-16 at 6.59.43 AM.png
Last edited by fehro on Tue Feb 16, 2016 11:27 am, edited 2 times in total.
josephli
Posts: 1411
Joined: Sat Dec 13, 2014 10:56 pm

Re: 02/16/2016 Live Update

Post by josephli »

EURUSD big dump. bear beware.
daytradingES
Posts: 2245
Joined: Thu Sep 13, 2012 10:46 am

Re: 02/16/2016 Live Update

Post by daytradingES »

8:56 AM 2/16/2016
heading to LE prob 1871.25
it needs to hold 1869 area or
it is in danger of falling to the gap Cobra mentioned 1860.75
Attachments
temp1.png
Last edited by daytradingES on Tue Feb 16, 2016 11:16 am, edited 1 time in total.
Educational only and not trading advice (EO&NTA) :)
Good trading to all
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 02/16/2016 Live Update

Post by uempel »

This system suggests a rally which could reach the SPX 1920 area - a move beyond most likely a bull trap. But at the moment this is hypothetical. SPX first has to close above the MA 20 at 1885.
hz.png
Last edited by uempel on Tue Feb 16, 2016 11:03 am, edited 1 time in total.
User avatar
Cobra
Site Admin
Posts: 61831
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/16/2016 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
josephli
Posts: 1411
Joined: Sat Dec 13, 2014 10:56 pm

Re: 02/16/2016 Live Update

Post by josephli »

TLT down, USD strong, crude ok. probably consolidate around open.
User avatar
Cobra
Site Admin
Posts: 61831
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/16/2016 Live Update

Post by Cobra »

morning hourly black bar.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/16/2016 Live Update

Post by Trades with cats »

Wallstreetrader wrote:Gm

Free oil to india is these true ?
No, barter for free storage. Beats the heck out of letting it run out into the sand when there is no place to put it.
User avatar
gappy
Posts: 3163
Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx

Re: 02/16/2016 Live Update

Post by gappy »

Heiken hourly.
Capture.PNG
A cloud stall here is bearish. Market is confused, magnet fell on floor. :D
‘the petrodollar is our currency and our problem’....Gappy
Wallstreetrader
Posts: 975
Joined: Thu Mar 17, 2011 12:00 pm

Re: 02/16/2016 Live Update

Post by Wallstreetrader »

K447 wrote:
Wallstreetrader wrote:... Free oil to india is these true ?
Define "true" .
Uae check mate usa !
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 02/16/2016 Live Update

Post by uempel »

BPs don't look bearish. To the contrary, they look extremely bullish :roll:

http://stockcharts.com/freecharts/candl ... BPENER|B|0
josephli
Posts: 1411
Joined: Sat Dec 13, 2014 10:56 pm

Re: 02/16/2016 Live Update

Post by josephli »

fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/16/2016 Live Update

Post by fehro »

VIX.. she's very spiking.. and almost green :roll:
Attachments
Screen Shot 2016-02-16 at 7.29.17 AM.png
ALdaytrade
Posts: 1244
Joined: Thu Apr 04, 2013 12:55 pm

Re: 02/16/2016 Live Update

Post by ALdaytrade »

fehro wrote:
ALdaytrade wrote:
fehro wrote:Tradingview SPX500 CFD ~ /ES ish… mind the H&S 15m.. could see a 17 point drop if it goes near the end of day.. seems the RS needs more time
Where is the right shoulder, 1887 - 1889? 1892?
If bears want to be stealthy about it.. Right Shoulder is done.. neckline break look out below!
Thinking that we are just starting to form right shoulder here. Thinking neckline in futures has just been completed, so right shoulder is 1880? ($SPX FUTURES)
Last edited by ALdaytrade on Tue Feb 16, 2016 11:39 am, edited 1 time in total.
hunterman
Posts: 84
Joined: Fri Jan 30, 2015 10:40 am

Re: 02/16/2016 Live Update

Post by hunterman »

Sold eafe index at open sitting sideline all cash
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/16/2016 Live Update

Post by fehro »

SPX trying
Attachments
Screen Shot 2016-02-16 at 7.35.06 AM.png
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/16/2016 Live Update

Post by Al_Dente »

This is the third time spy popped above the neckline
Last time(s) she failed
Third time's the charm ?
216five.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/16/2016 Live Update

Post by fehro »

ALdaytrade wrote:
fehro wrote:
ALdaytrade wrote:
fehro wrote:Tradingview SPX500 CFD ~ /ES ish… mind the H&S 15m.. could see a 17 point drop if it goes near the end of day.. seems the RS needs more time
Where is the right shoulder, 1887 - 1889? 1892?
If bears want to be stealthy about it.. Right Shoulder is done.. neckline break look out below!
Thinking that we are just starting to form right shoulder here. Thinking neckline in futures has just been completed, so right shoulder is 1880? ($SPX FUTURES)
could be.. yellow neckline testing at the moment.. cyan H&S .. RS 1882-1885? (SPX) ** 20d sma 1884.94
Attachments
Screen Shot 2016-02-16 at 7.43.41 AM.png
Last edited by fehro on Tue Feb 16, 2016 11:54 am, edited 1 time in total.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/16/2016 Live Update

Post by Al_Dente »

Here’s the neckline on the hourly
The up angle is a bit STEEP
SPY needs to hold the neckline on another backtest
VERY OVERBOUGHT
216sixty.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/16/2016 Live Update

Post by fehro »

SPX 20d 1884.84 the bears bull battle… INDU near it's 20d, VIX near it's 20d 24.06 just a tad lower than 24.17 LOD
Attachments
Screen Shot 2016-02-16 at 7.49.13 AM.png
Post Reply