Back to www.cobrasmarketview.com

08/07/2014 Live Update

Post Reply
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/07/2014 Live Update

Post by fehro »

SPX 15m... green falling bullish wedge for the bulls.. next major support 1900ish INDU nearing 200d @ 16336ish
Attachments
Screen shot 2014-08-07 at 9.25.28 AM.png
Top
grandeG
Posts: 403
Joined: Fri Jun 27, 2014 2:40 pm

Re: 08/07/2014 Live Update

Post by grandeG »

Cobra wrote:breakdown indeed. here's double top text book target.
Anything here that says we can't double bottom with the 8/6 opening and today at 191?
Top
Daniel
Posts: 3493
Joined: Fri Feb 10, 2012 4:27 pm

Re: 08/07/2014 Live Update

Post by Daniel »

USO with its first close below the 200day MA yest.

Currently near HOD, and retesting this (flatline) longterm MA from below.
Top
User avatar
Mr. BachNut
Posts: 2688
Joined: Thu Feb 24, 2011 2:28 pm

Re: 08/07/2014 Live Update

Post by Mr. BachNut »

For what it is worth...
Last night's after-market up and down P Bars at 192.68 and 191.20 have been tagged in today's open session.
86 PBars.png
Top
User avatar
Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 08/07/2014 Live Update

Post by Out of Bounds »

TRIN 1.83 !!
...
Top
User avatar
MrMiyagi
Posts: 10342
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

SPX headed to the wormhole...
Top
User avatar
Cobra
Site Admin
Posts: 61833
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/07/2014 Live Update

Post by Cobra »

vol surge, previous low, so might see rebound here first, then we'll see.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Top
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/07/2014 Live Update

Post by fehro »

SPX 15m.. possible support.. but should it fail look for cyan.. 1900ish
Attachments
Screen shot 2014-08-07 at 9.45.36 AM.png
Top
User avatar
Cobra
Site Admin
Posts: 61833
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/07/2014 Live Update

Post by Cobra »

members only update at 12:57 pm
http://www.cobrasmarketview.com/2014/08 ... ay-update/

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Top
ALdaytrade
Posts: 1244
Joined: Thu Apr 04, 2013 12:55 pm

Re: 08/07/2014 Live Update

Post by ALdaytrade »

ALdaytrade wrote:Will this be an inverse head and shoulders pattern, left shoulder low 1907, August 5th, head low 1903, August 6th, right shoulder low 1907, August 7th???
No!

How about a double bottom at 1903.17? August 6th and August 7th?

All prices are Futures, S&P 500 Sept 14th
Top
User avatar
Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 08/07/2014 Live Update

Post by Out of Bounds »

grandeG wrote:
Cobra wrote:breakdown indeed. here's double top text book target.
Anything here that says we can't double bottom with the 8/6 opening and today at 191?
I like this idea.
...
Top
tsf
Posts: 577
Joined: Tue Feb 15, 2011 7:49 am

Re: 08/07/2014 Live Update

Post by tsf »

Out of Bounds wrote:TRIN 1.83 !!
Taking a longer view than day trading, $TRIN and $VIX spikes may signal bottoming area for SPY around this point ?
Top
User avatar
MrMiyagi
Posts: 10342
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

spy
spy
Top
User avatar
MrMiyagi
Posts: 10342
Joined: Sun Oct 16, 2011 12:48 pm

just a meaningless chart I made yesterday afterhours...

Post by MrMiyagi »

nysi
nysi
Top
User avatar
Cobra
Site Admin
Posts: 61833
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/07/2014 Live Update

Post by Cobra »

this rebound may have small legs at least.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Top
User avatar
gappy
Posts: 3163
Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx

Re: 08/07/2014 Live Update

Post by gappy »

Capture.PNG
‘the petrodollar is our currency and our problem’....Gappy
Top
user13
Posts: 262
Joined: Fri Jul 29, 2011 3:00 pm
Location: New York

Re: 08/07/2014 Live Update

Post by user13 »

TOS add options charts I had no idea
Top
User avatar
Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 08/07/2014 Live Update

Post by Out of Bounds »

tsf wrote:
Out of Bounds wrote:TRIN 1.83 !!
Taking a longer view than day trading, $TRIN and $VIX spikes may signal bottoming area for SPY around this point ?
I ahve no idea, I only use TRIN and VIX for very short term periods. I don't use either for daily periods unless either gets VERY weird.
...
Top
User avatar
gappy
Posts: 3163
Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx

Re: 08/07/2014 Live Update

Post by gappy »

Capture.PNG
‘the petrodollar is our currency and our problem’....Gappy
Top
tsf
Posts: 577
Joined: Tue Feb 15, 2011 7:49 am

Re: 08/07/2014 Live Update

Post by tsf »

Out of Bounds wrote:
tsf wrote:
Out of Bounds wrote:TRIN 1.83 !!
Taking a longer view than day trading, $TRIN and $VIX spikes may signal bottoming area for SPY around this point ?
I ahve no idea, I only use TRIN and VIX for very short term periods. I don't use either for daily periods unless either gets VERY weird.

Thanks, OOB.
Top
Post Reply

Return to “Traders Lounge”