Cobra's Market View

Nrsimha wrote:

DellGriffith wrote:Looks like gold is clearly reversing now and dropping. But equities are still falling as well.

Sell everything?

Watch the 1270 level in gold.

http://www.zerohedge.com/news/2014-01-2 ... low-1806-s

We were there and it fell back. So I guess you now know my stop isn't there!

SPX 5m.. still looking weak here possible triangle, bear flag

uempel wrote:KeiZai, look at the RSI on your chart - doesn't look that bearish. My bearish indicator for DAX is daily stochastics, which are a good DAX indicator

KeiZai wrote:It is what it is, yesterday DAX with breakdown today SPX, I think we could see retest of the rising wedge at some point but not sure when maybe after 2Xtop MM...

Earlier posts: viewtopic.php?f=2&t=1188&p=152774#p152774

The attachment SP33.png is no longer available

Here is VDAX for DAX traders big move is coming in DAX I hope that down as I am still bearish there

The attachment VDAX-2.png is no longer available

Agree about the stoch, that's why I like DAX she is a very technical index one of the best for sure....daily has still more room to go but 4h is quite oversold so she could find support soon, Ideal would be bounce (small HnS?) and one more low to 9000 with daily stoch in buy zone

DellGriffith wrote:

Nrsimha wrote:

DellGriffith wrote:Looks like gold is clearly reversing now and dropping. But equities are still falling as well.

Sell everything?

Watch the 1270 level in gold.

http://www.zerohedge.com/news/2014-01-2 ... low-1806-s

We were there and it fell back. So I guess you now know my stop isn't there!

I am going to go long GDX when the 25 week crosses the 50 week.
Until then, it still looks like 'slope of hope'.

TRIN dropped from +1.4 to 1.05 in 10 minutes, either a glitch or Bull move.

this is all Justin Biebers fault!!!!

Last chart, bye guys

MrMiyagi wrote:TRIN dropped from +1.4 to 1.05 in 10 minutes, either a glitch or Bull move.

I am feelin' the 180.99 PBar's calling?

1der wrote:I am feelin' the 180.99 PBar's calling?

RIIIIIICOLAAAAAAAAAAAAA..... I'm game. Let's do it.

on the other hand, it is showing 1.45 now, must be a glitch.

no wait, now it is 1.07... wtf?

Late last year the Fed raised the maximum FRFA bidding amount to $3bn from $1bn, as testing progresses to the next phase. When the program becomes fully operational, these amounts would increase dramatically.

One by one the Federal Reserve officials are preparing the markets for the FRFA implementation. Once QE winds down, the FRFA fixed rate becomes the next monetary policy tool.

looking like more downside... SPX 5m

COMPQ ... pressing uptrend channel support.. break it.. it may play catch-up... RUT almost tagging 50d

Dailies

Ooof... can't wait for today to be over...

bias is down, as it looks like a descending triangle.

SPX weekly

"We're never going up again!!!!"

breakdown as expected. vol surge, might see rebound first. I'm neutral here, need see more bars.

Mr. T wrote:"We're never going up again!!!!"

Cobra wrote:bias is down, as it looks like a descending triangle.