Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 10:39 am
Normally, should be another low attempt.
Cobra's Market View
The Intraday US Stock Market Discussion Board
https://bbs.cobrasmarketview.com/
09/13/2013 Live Update
Page 2 of 6
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 10:44 am
XLE: Clocked the new high. Looking for the pullback. Another new high (around $87) by opex or EoM is the prediction (i.e., my best guess tbd). fwiw...
Posted: Fri Sep 13, 2013 10:44 am
Yes, that one was hit this morning. Now, here is your next destination:Mr. BachNut wrote:I think this P-Bar can come off the to do list.
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 10:45 am
IWM and IYT gaps are half-filled
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 10:58 am
Supports
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 11:04 am
TRIN shows volume is flowing into declining stocks
VIX agrees
VIX agrees
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 11:10 am
Sometimes jumps over a long established channels causes a large collapse. 
Top of large channel is back in play at least 
Top of large channel is back in play at least Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 11:24 am
OIH has a similar looking chart on the daily. I would be buying the dip on either of those.Apple wrote:XLE: Clocked the new high. Looking for the pullback. Another new high (around $87) by opex or EoM is the prediction (i.e., my best guess tbd). fwiw...
XLE weekly chart is also very positive.
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 11:27 am
At the moment, NYUPV > NYDNV and NYADV > NYDEC. The word "proportional" is important when citing TRIN. When TRIN > 1, proportionally more volume is going into declining stocks than advancing stocks. When it is between 0.9 and 1.1, neither side is considered to have a distinct advantage (the battle zone.) If anyone has a better understanding, please comment.Al_Dente wrote:TRIN shows volume is flowing into declining stocks
VIX agrees
I would also like to discuss your XIV/VXX metric. Please do the algebra and get back me.
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 11:33 am
volume surge, so hopefully a pullback here first, then we'll see. seems a range day today, so sell high buy low?
Re:
Posted: Fri Sep 13, 2013 11:50 am
Done. Next?MrMiyagi wrote:Yes, that one was hit this morning. Now, here is your next destination:Mr. BachNut wrote:I think this P-Bar can come off the to do list.
While we wait for the next one, perhaps this is relevant reading:
http://www.bloomberg.com/news/2013-09-0 ... aders.html
Posted: Fri Sep 13, 2013 12:01 pm
- SPY2
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 12:12 pm
Still trying to make it come true.Mr. BachNut wrote:I think this P-Bar can come off the to do list.
That's what I call a flash tag...
I would have thought that we would have rolled over by now, with the shape of this short time frame hill. I think the newer the p-bar, the more valid it is, since the HFTers want the fast buck. 
I just got a p-bar down to 168.88. It appeared and disappeared twice( scott)
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 12:12 pm
volume surge again, let's see if bears could make a double top here (must break blue line).
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 12:15 pm
Waiting for a nice move in the last half-hour of today's trading, check the dashed blue vertical:
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 12:20 pm
Thx bossrhight wrote:At the moment, NYUPV > NYDNV and NYADV > NYDEC. The word "proportional" is important when citing TRIN. When TRIN > 1, proportionally more volume is going into declining stocks than advancing stocks. When it is between 0.9 and 1.1, neither side is considered to have a distinct advantage (the battle zone.) If anyone has a better understanding, please comment.Al_Dente wrote:TRIN shows volume is flowing into declining stocks
VIX agrees
I would also like to discuss your XIV/VXX metric. Please do the algebra and get back me.
Intraday I use the slope of the trin for direction, not just the absolute value.
eg: if trin is > 1 (bear) but it’s slope is clearly moving down (up)…. then it is moving in a bullish (bearish) direction…etc
The XIV/VXX ratio is way tooooo simple for you boss. I slap on an appropriate ma (depends on the timeframe) and it simply answers my question:
Do I want to be long or short? I use SPY/SH in exactly the same way. Sorry, no algebra.
As u well know, RATIOS:
When the line is moving up, the numerator is in charge
When the line is moving down, the denominator is in charge
Here are two of my fave VIX ratios, but they are on daily, NOT INTRADAY
Top panel is longer term options [edit: inverted]
Bottom panel is an inversion of the famous Bill Luby ratio. “Everybody” on the net has been yapping about how that turned bull in the last few days
……… but now it’s going a bit soft….FWIW
ps: pls ignore the vertical dashed lines (they are keyed to straight vix)
Posted: Fri Sep 13, 2013 12:21 pm
xfradnex wrote:I just got a p-bar down to 168.88. It appeared and disappeared twice( scott)
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 12:24 pm
triangle breakout. here's the target. I'm neutral.
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 12:32 pm
failed triangle, so here's my guess. overall, not much clue today, it's a range day.
Re: 09/13/2013 Live Update
Posted: Fri Sep 13, 2013 12:36 pm
Thank you. ...OIH looks to be leading a little at the moment too. I look at the relationship between $IXE (or the old $R1RGSENG) and $XOI and/or $OSX for differences. Interesting.L_T wrote:OIH has a similar looking chart on the daily. I would be buying the dip on either of those.Apple wrote:XLE: Clocked the new high. Looking for the pullback. Another new high (around $87) by opex or EoM is the prediction (i.e., my best guess tbd). fwiw...
XLE weekly chart is also very positive.