01/13/2016 Live Update

[fehro]

look out below…. AMZN testing Friday's LOD 598.57 .. into Oct 2015 gap

[Cobra]

double bottom or not, key time. failure would be terrible.

[fehro]

/CL tenuous support.. DXY dependant… DXY testing 50d, inverted hammer/gravestone daily bear flag. /CL better yearly support 26.50-25.50

[Unique]

/CL tenuous support.. DXY dependant… DXY testing 50d, inverted hammer/gravestone daily bear flag. /CL better yearly support 26.50-25.50

FWIW, I have CL 28.6-28.40 minor then 26.50-26.00 as major

[fehro]

/CL tenuous support.. DXY dependant… DXY testing 50d, inverted hammer/gravestone daily bear flag. /CL better yearly support 26.50-25.50

need way more coffee.. DXY missed labelled.. ABCDE should probably be.. so truncated 'E' or one more spike.. (or ABC, ABC, ABC )my crude elliot wave knowledge is very limited…. but like the ABCDE in wedges.

[Unique]

ES: 15m 8EMA bear train reload short re-entries setup. 1HR 20EMA rejection bear setup.

Still targets 1910~, must break 1923 to confirm momentum first.

[uempel]

Tutti, I'm using the standard settings. Monthly Coppock has only given two bearish and two bullish signals these last 20 years. All four of them were very rewarding.

I know, there are other ways to apply the indicator. I considered myself very smart and developed an own monthly model. After a few very good signals it gave a sell signal in January 2014 So I'm back to basics

Tutti, I've played around with Coppock in weekly and even daily charts showing US and European indices - and in my view it's useless. As the original designers correctly found out: the only time frame which seems to show a flawless performance is the monthly chart.

It's hard to argue with you on this. In fact I agree.

I keep it in a file of charts for longer term looks - if you notice its on a monthly. Even then it's far from flawless. in the few signals it has produced (using my setting for it) there have been 2 false ones. The latest triggering just a bit ago. It's the reason I paired it with a weekly cross to see if there was something else I could take from it. There are too few actual signals to confidently state that it provides any type of statistical edge.

I wont trade to it, but mentioned it only because the forum was chatting about it.

-Tutti

[Unique]

Break 1923 and I add more shorts....let's see if bears can do it

[MrMiyagi]

Not gonna hold today either. Nope not gonna happen.

[fehro]

SPX

[ALdaytrade]

SPX

Don't we get another push up for #3 in the green channel???

[Cobra]

double bottom failure usually is very bad. anyway, let's see if bears can do 100% mm first.

[Unique]

ES: Hourly bear train setup...waiting for short entry as long as it remains under 1HR 20EMA.

Targets 1910~

ES: Updated chart...still targeting 1910

[fehro]

RUT/TRANS - DJ-20 weak.. testing yesterday's LOD yearly lows..

[fehro]

SPX

Don't we get another push up for #3 in the green channel???

ABC correction.. 60m / bearflag.. if 1924 cracks.. it holds then maybe one more trip up

[Unique]

FWIW, I set shorts to BE stop of 1926.75. Good luck

[Cobra]

members only update at 12:03 pm
http://www.cobrasmarketview.com/2016/01 ... ay-update/

[MrMiyagi]

FWIW, I set shorts to BE stop of 1926.75. Good luck

Breakeven? not sure what you mean by your action.

[MrMiyagi]

Wow.. just not gonna go green and stay is it?

[fehro]

SPX nears support… of course.. I fine tune my red line down.. and we bounce where it was..