01/07/2014 Live Update

[flrtrader]

small ascending triangle, so the rebound might not over.

Cobra,

You say rebound so your not thinking the ST correction is over? I was looking higher towards the recent highs.

Thanks

[Cobra]

members only update at 1:08 pm
http://www.cobrasmarketview.com/2014/01 ... ay-update/

[TWT]

$SPX: What I expect once a new ATH is established

[Cobra]

beware of double top.

[joegamma]

russl stuck 11340/60 to 11440/60

o7iwm2hr.png

watch pink and green fans

wait until no one is looking, then retest the selling level

wonder what we do now?

[fehro]

VIX 15m.. messy, but a break up above the red.. could move up to the pink

[Cobra]

double top indeed. here's text book target.

[MrMiyagi]

spy

[Cobra]

small ascending triangle, so the rebound might not over.

Cobra,

You say rebound so your not thinking the ST correction is over? I was looking higher towards the recent highs.

Thanks

rebound is just a name, not implying new high or not.

[BullBear52x]

my setting on /ES and SPX on TOS. both histogram is about to align to down bearish side if the rally is done here.

[Cobra]

small ascending triangle, so the rebound might not over.

Cobra,

You say rebound so your not thinking the ST correction is over? I was looking higher towards the recent highs.

Thanks

I did expect the rebound to fail though. But when I use rebound, I just mean push up, doesn't imply anything. maybe I should be careful about the term I use. Thanks.

[Cobra]

this bear might have legs at least even cannot make double top text book target.

[MrMiyagi]

Maybe someone is front-running tomorrow's FOMC news?

[Cobra]

Maybe someone is front-running tomorrow's FOMC news?

There won't be end of QE. It'd be forever. Just look at $TNX and $TYX and IYR.

QE forever doesn't mean the stock market would go up forever though.

Unlike we Mars, where stock market simply goes up forever so everyone is rich except me.

[Al_Dente]

Dang, that should not have happened
In an epic struggle to regain the new year’s highs, the bulls failed this round
They look weak and pitiful, and ripe for a bounce

[Denali92]

TWT,

Happy New Year!

WELCOME Back - always enjoy your thought provoking wave thoughts.... especially on the SPX and global ES.

Thanks,

--D

$SPX: Follow up of the s/t count

[BullBear52x]

Dang, that should not have happened
In an epic struggle to regain the new year’s highs, the bulls failed this round
They look weak and pitiful, and ripe for a bounce

The attachment 2014-01-07_five fail_png.png is no longer available

SPY intraday = Buy
buy first it is what it is right?

[joegamma]

Maybe someone is front-running tomorrow's FOMC news?

There won't be end of QE. It'd be forever. Just look at $TNX and $TYX and IYR.

QE forever doesn't mean the stock market would go up forever though.

Unlike we Mars, where stock market simply goes up forever so everyone is rich except me.

KINGSNAKE is wealthy beyond any earth-measures: a large gather of friends, students and mentors greet you here every trading day!

[BullBear52x]

Paging KeiZai, no go under 25 on CLF.

[MrMiyagi]

VIX back to 10sma resistance...