03/19/2013 Live Update

[Al_Dente]

Don’t know why
Don’t care why
Bots appear to be buying this
(ONE MIN: often changes b4 I can get it posted)

[stlwater]

Don’t know why
Don’t care why
Bots appear to be buying this
(ONE MIN: often changes b4 I can get it posted)

319bots_png.png

Yeah, they're buying the 20EMA, not sure it's gonna hold into tomorrow.

[heavenskrow]

as the rush comes

[uempel]

Don’t know why
Don’t care why
Bots appear to be buying this
(ONE MIN: often changes b4 I can get it posted)

The attachment 319bots_png.png is no longer available

Update 1min

[TraderGirl]

tomorrow is a weekly turn day...

[Daniel-David]

Interesting action in etf FXI, usually a blend of overnite action in the Shanghai and Hong Kong exchanges. The former was up ca 0.8%, the latter was down a minor 0.2%, yet FXI is down two percent today, after closing yest. w a bar outside the bollyband. This is loud shouting. Whuzzup?

[TraderGirl]

FAS is a good example of how pos d on RSI plus either TSI and/or MACD will give a bounce signal....

Let's see if it happens again...needs to turn here or soon if it will happen...

[BullBear52x]

keep the big picture in mind, a chart from it is what it is dept.

[taggard]

ignoring my 5 and 15 min charts for a moment. the ideal way to get a top would be for this Cyprus thing to get "solved" short term. the freakout now under way would then invert and dow maybe flips that last major range to whatever 14800-14900 and spx cracks the old high ideally printing close to or still over 1600. at that point going into the end of the quarter you would have this ideal situation for the euphoria. and that in turn would dump you into the end of the retirement money flows--and what are likely to be so so earnings. finally yielding that first pull back on a monthly--setting up the real test on the move up after that?

i don't get the exact idea of how you would do this--but something using a chunk of us money and or russian--imf emergency move etc. so first a failed vote--then with the pressure really on some move that buffers the German political dudes (and dudetts) but takes this stuff off the table till maybe . . .june? such a move would of course create yet more moral hazzard? but mankind will always yield the future to the next 5 min.

as for the idea of Russian mob money in banks--what a great idea for a movie or book. also the idea of the russian mob calling up various political type dudes (likely not Merkel) and going with that "yo we can like do this the easy way or the hyper-massive way". it would be amusing if--in the end it took the russian mob to solve a banking problem compounded by german voters.

by the way one last thing--much trashing of germans on this. well dude what if it was you? you want to front the russian mo. . er cyprus banks 10-20 bil (as we know the first number is only getting in the game). it's interesting to see the media and even this some on this board getting upset at the fed liquidity efforts and yet trashing the German position. lets all try to remember that we actually have a tiny amount of free will--which is mostly dependent on us knowing we have little or none. so we react in what seems at the time to be our best interests--yet due to not examining our lives often these choices seem less than optimal later. what if the right thing to do is break up the euro zone--since they did not create a monetary union--and in fact germans are unknowingly making a nice play over the next 20 years for everyone?

again good luck--going to run on the beach and blow this stuff out of brain

[Al_Dente]

Don’t know why
Don’t care why
Bots appear to be buying this
(ONE MIN: often changes b4 I can get it posted)

The attachment 319bots_png.png is no longer available

Yeah, they're buying the 20EMA, not sure it's gonna hold into tomorrow.

thx boss
I hope bears don’t give up too easily
They’ve got a gap to fill (grey box) which also happens to be a test of the neckline of the old iH&S
60 min

[Cobra]

members only update at 2:03 pm
http://www.cobrasmarketview.com/2013/03 ... ay-update/

[Nrsimha]

fib confluences area. info only, as they work as resistance in theory, I'm not sure as lots of theory seem to be unable to stand the reality test.

And there are still those open P-bars at SPY 149-ish.

[Cobra]

mini rebound target.

[BullBear52x]

FAS is a good example of how pos d on RSI plus either TSI and/or MACD will give a bounce signal....

Let's see if it happens again...needs to turn here or soon if it will happen...

4 more dollars before hitting the recovery dip buying last stop from my tea leave

[uempel]

If SPX manages to break back into the channel, momentum too, then this would have been a wicked, wicked trap Only hint it gave that it might be false was the lacking aggressiveness

[TraderGirl]

Not saying today we find a bottom, but maybe a bounce....

[Nrsimha]

tomorrow is a weekly turn day...

Tomorrow EXACTLY? Didn't Gann always have confidence intervals for turn dates?

[uempel]

tomorrow is a weekly turn day...

And vix option expiry too..

[Cobra]

mini target exceeded, this rebound has legs.

[Cobra]

I'm neutral here, if this pullback is bought aggressively then the low was in for today. key time.