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09/24/2012 Live Update

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Cobra
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09/24/2012 Live Update

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Gap down below Friday's low, so the gap might not be filled.

Global ES is at a key level, break it then confirm a short-term top (It's a Double Top), small rebound or consolidation, then still it's more likely a double top. Bulls need a decisive new high to invalidate the double top pattern.
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Cobra
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Re: 09/24/2012 Live Update

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Cobra
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Re: 09/24/2012 Live Update

Post by Cobra »

I don't see anything wrong on DAX.
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Cobra
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Re: 09/24/2012 Live Update

Post by Cobra »

oil should be more down ahead.
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Cobra
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Re: 09/24/2012 Live Update

Post by Cobra »

gold looks good to me as long as it can consolidate here or just a small pullback then most likely it'll continue higher later.
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Re: 09/24/2012 Live Update

Post by Cobra »

despite the pullback, I read Euro as Bull Flag therefore more likely to continue higher some days later.
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Neroli
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Re: 09/24/2012 Live Update

Post by Neroli »

Cobra, can you comment on AAPL? Thanks!
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Cobra
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Re: 09/24/2012 Live Update

Post by Cobra »

the open.
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Cobra
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Re: 09/24/2012 Live Update

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Neroli wrote:Cobra, can you comment on AAPL? Thanks!
I've commented in Member area so far goes as planed.

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Cobra
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Re: 09/24/2012 Live Update

Post by Cobra »

you know what line to watch. RSP and QQQ already broke it, so the weakness is real, not faked.
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quientuves
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Re: 09/24/2012 Live Update

Post by quientuves »

Cobra, Global ES tried 3 times to break that level you sign. Each time the reaction up is bigger.
Is it time to try a 2 legs up??
Mario TR
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Re: 09/24/2012 Live Update

Post by Mario TR »

wave c or wave iii ?
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Cobra
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Re: 09/24/2012 Live Update

Post by Cobra »

nothing to day, now we have the OR, just wait for breakout.
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TraderGirl
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Re: 09/24/2012 Live Update

Post by TraderGirl »

FB done with wave 4? Barron's says it's worth $15.... :mrgreen:
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shaca
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Re: 09/24/2012 Live Update

Post by shaca »

$NADNV:$NAUPV is very bearish
TraderGirl
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Re: 09/24/2012 Live Update

Post by TraderGirl »

spx in bear flag....we could see a low on the 28th....
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BullBear52x
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Re: 09/24/2012 Live Update

Post by BullBear52x »

GM, looks like bears will get the cigar today. :)
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Re: 09/24/2012 Live Update

Post by TradingJackal »

We may need one more lower low today. Earlier the better.
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TradersF
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Re: 09/24/2012 Live Update

Post by TradersF »

TraderGirl wrote:spx in bear flag....we could see a low on the 28th....
I've been short SPY since 09/17/2012 @ 146,68. Why is the 28th so important?

Thanx
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BullBear52x
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Re: 09/24/2012 Live Update

Post by BullBear52x »

closing below open today (145.15) my bear bars will get confirmed.
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