08/29/2013 Live Update

[daytradingES]

that's iT

BIG RED BAR -- SEE IT SEE IT NOW!!!!!!!!!

[Cobra]

target. at least rebound was much weaker than yesterday. although today repeats exact the same pattern as that of yesterday only 1 hour earlier.

[daytradingES]

RED...

[jack black]

Is there an explanation on the record braking equity put/call ratio yesterday? ISE also registered a record IIRC. Anyone trading against it?

Last night in the members section Cobra said the chatter was that it might have been a data error
He was checking on it…………

Thanks! The reason I'm concerned about it that it could be real is that ISEE index also registered a spike in calls, but not as huge: http://www.ise.com/market-data/isee-index/

thx….it has already flipped to today’s readings
geeeeezzzz do u see the weight of buy-to-open index puts…….NOW
nobody believes this rally
contrarians take note [?]

Thanks for pointing it out. Looks like they corrected the error, as it's dated yesterday. Looks like I will be selling my puts on a dip.
I feel now stupid trading on erroneous info.

[rhight]

Are we not headed toward the June 24th low, approximately to form the head of this giant head and shoulders pattern? After that to form the right shoulder and then boom!

Maybe I'm alone in thinking that there is another leg up somewhere in this market to show how strong the economy is in face of a war and then splat...

Maybe you're thinking like I am AL..

My bottom indicators have almost told me to go long (for a multi-day swing high), but something doesn't look quite right. For instance, we had a 9:1 DNV:UPV day (8/27), normally a good contrarian indication, but there wasn't much volume associated with it (compare with 6/18 and 6/24), maybe it's just August light. I would be inclined to go long with a close above the 5DMA. If spx continues lower, I'm keeping an eye on the weekly stochastic.

[Cobra]

higher low. I'm neutral. bulls are not over.

[fehro]

SPX 5m

[daytradingES]

closed it at a small plus...

[Cobra]

volume surge, hopefully a pullback here first.

[fehro]

high base? triangle on the VIX 15m?

[Cobra]

target on both side. I'm still neutral. one thing I'm sure though, bulls cannot allow further drop below 2pm low.

[soren]

Thanks for bringing this important issue to our attention, tradergirl. It's an absolute travesty. I have signed the petition in solidarity and hope that the judge in this case gets what he deserves.

[Cobra]

test 2pm low. volume surge, key time. bulls cannot allow further drop here.

[daytradingES]

short again looking for 1636.25

[MrMiyagi]

VIX at the day's high, SPX holding on by a thread.

[jack black]

test 2pm low. volume surge, key time. bulls cannot allow further drop here.

It dropped already on XLF that i'm shorting.

[daytradingES]

closed too soon

[Cobra]

members only update at 3:33 pm
http://www.cobrasmarketview.com/2013/08 ... ay-update/

[fehro]

SPX 60m.. look out below if it breaks...

[Cobra]

too bad, you know the target.