Back to www.cobrasmarketview.com

07/02/2014 Live Update

Post Reply
User avatar
soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 07/02/2014 Live Update

Post by soku »

quientuves wrote:
Al_Dente wrote:WTF utilities
72util.png

If utilities has been purchased as defensive in volatility and risk... now that means this is going up...

Quite confused... as always... :?
xlu breakdown the support at 43 today largely due to DUK news
The goal is not uniformity. It is understanding and idea exchange.
Top
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 07/02/2014 Live Update

Post by fehro »

SPX 5m descending triangle.. but larger could still be a bull flag..
Attachments
Screen shot 2014-07-02 at 10.51.06 AM.png
Top
arne reabel
Posts: 47
Joined: Mon May 05, 2014 3:32 pm

Re: 07/02/2014 Live Update

Post by arne reabel »

spx chart i shorted this 5m retracement pattern took 3/4 off and waiting break or stop http://www.mql5.com/en/charts/2074920/e ... l-services
Top
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 07/02/2014 Live Update

Post by uempel »

Last chart, bye guys :D
e.png
Top
User avatar
MrMiyagi
Posts: 10342
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

That IWM pBar that got hit (119.23$) is sure providing a lot of support today..
Top
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 07/02/2014 Live Update

Post by fehro »

watching paint dry is more interesting... SPX 5m
Attachments
Screen shot 2014-07-02 at 11.29.54 AM.png
Top
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 07/02/2014 Live Update

Post by fehro »

INDEX dailies... TLT weak
Attachments
Screen shot 2014-07-02 at 11.31.18 AM.png
Top
User avatar
BullBear52x
Posts: 30707
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/02/2014 Live Update

Post by BullBear52x »

fehro wrote:INDEX dailies... TLT weak
TLT bulls last stand, is now in buy the dip zone, TLT bulls need to get out of this hole today or tomorrow or sideways to down will continue.

Mid to Long term setup = buy.
Attachments
2.PNG
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Top
panbuk
Posts: 84
Joined: Fri Apr 11, 2014 12:40 pm

Re: 07/02/2014 Live Update

Post by panbuk »

block trades update
Attachments
SPY_EquityFeed_033.jpg
Top
q2model
Posts: 336
Joined: Tue Feb 15, 2011 10:54 am

Re: 07/02/2014 Live Update

Post by q2model »

Cobra wrote:another test of green line we'd see breakdown.

The market refuses to go negative!
Top
User avatar
soku
Posts: 1893
Joined: Fri Mar 25, 2011 10:02 am

Re: 07/02/2014 Live Update

Post by soku »

The S&P 500 is trading in a 3.95 point today. Volume is on pace for less than 1/2 of the daily average.
The goal is not uniformity. It is understanding and idea exchange.
Top
User avatar
MrMiyagi
Posts: 10342
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

!!!! POWER HOUR !!!!
Top
User avatar
BullBear52x
Posts: 30707
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/02/2014 Live Update

Post by BullBear52x »

most shorts got squeeze, let see FAS sell triggered today.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Top
User avatar
BullBear52x
Posts: 30707
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/02/2014 Live Update

Post by BullBear52x »

HYG sell triggered yesterday, but stay strong still.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Top
User avatar
BullBear52x
Posts: 30707
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/02/2014 Live Update

Post by BullBear52x »

Chart of the day! AMZN

bull flag with bearish bias. show me the money. Peace!
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Top
User avatar
gappy
Posts: 3163
Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx

Re: 07/02/2014 Live Update

Post by gappy »

Capture.PNG
b.PNG
http://macronomy.blogspot.com/
‘the petrodollar is our currency and our problem’....Gappy
Top
User avatar
gappy
Posts: 3163
Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx

Re: 07/02/2014 Live Update

Post by gappy »

Capture.PNG
‘the petrodollar is our currency and our problem’....Gappy
Top
User avatar
Cobra
Site Admin
Posts: 61830
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/02/2014 Live Update

Post by Cobra »

it's really a very nice looking descending triangle. however the descending triangle is a continuation pattern, not reversal pattern. In our case, there's no leading downtrend prior to the pattern, so the breakdown implication is not strong.
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
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re:

Post by johnnywa »

MrMiyagi wrote:That IWM pBar that got hit (119.23$) is sure providing a lot of support today..
Breaking 119 now,got a p bar around 118.25,2 hour chart says that's were it wants to go
Top
User avatar
Cobra
Site Admin
Posts: 61830
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/02/2014 Live Update

Post by Cobra »

members only update at 3:52 pm
http://www.cobrasmarketview.com/2014/07 ... 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
Post Reply

Return to “Traders Lounge”