06/04/2013 Live Update

[wandering196]

Here’s our first cover song: Santana
[Parental advisory. DO NOT click if kids r near, or if u r at work]
http://www.youtube.com/watch?v=HDLLXUaqZxg

Al_Dente

I wish I could trade like she can dance. ha ha

[Out of Bounds]

DRUNK FRAT BOY is running this market.

OK we had revisit of fib level I talked about yesterday

[MrMiyagi]

Intraday NYMO -90

[Al_Dente]

shorts

[Out of Bounds]

Long 163.27

[Cobra]

members only update at 1:59 pm
http://www.cobrasmarketview.com/2013/06 ... ay-update/

[Al_Dente]

vol

[Out of Bounds]

vol

64vol.png

Al, I do not always understand your charts. Could you provide a short narrative? Thanks.

[Cobra]

this bear may have legs (still not sure).

[essessme]

2X Positive divergence on my VST tick on the last lows + breadth is flattening out ++ its Tuesday = Possible

[Al_Dente]

vol

The attachment 64vol.png is no longer available

Al, I do not always understand your charts. Could you provide a short narrative? Thanks.

Sorry here are all the open “legends”
All volatility (inverted except for XIV) overlaid on the indices
At the moment, volatility supports bears (red circles)
(eg: index is going down, and inverted vol is going down = bear)

U in for a quickie anti-trend bounce to test ma, right?
Or do u see some massive covering ahead?

[Cobra]

testing yesterday's low, key time.

[Out of Bounds]

vol

64vol.png

Al, I do not always understand your charts. Could you provide a short narrative? Thanks.

Sorry here are all the open “legends”
All volatility (inverted except for XIV) overlaid on the indices
At the moment, volatility supports bears (red circles)
(eg: index is going down, and inverted vol is going down = bear)

U in for a quickie anti-trend bounce to test ma, right?
Or do u see some massive covering ahead?

64volb.png

Thinking that 163.14 fib level is a bounce area - now i think it must be the low of yesterday. Do think we will see bounce though - I am early

[Mr. T]

Wow........ this is crazy.

Everyone wants out - easy to see why.

[Unique]

AAPL pretty big C&H, still waiting for the afternoon breakout potential

No more C&H potential, still stuck in blue channel

[MrMiyagi]

Wow........ this is crazy.

Everyone wants out - easy to see why.

Where are all the dip buyers of the past 6 months?

WHERE IS BENNY?????

[Cobra]

volume surge, biggest bar, so might see rebound here first, then we'll see. NORMALLY this bear should have legs.

[Unique]

viewtopic.php?f=2&t=943&p=132177#p132177

SPY Update -First try at Major Support reversed, very typical. BTFD very forgiving, key time at backtest levels

Bears winning first try backtest now need to break 162.6 in coming sessions or BTFD again at major supports

Key time, bears still need to break 162.6 or else BTFD once again

[BullBear52x]

I am a trend follower so, I will wait for the Hero to do their thing after a couple bounce off BB next will be a slide.

[MrMiyagi]