02/27/2013 Live Update

[flrtrader]

Yes VST pullback then 1517 next

[BullBear52x]

AMZN, retest? nice chart pattern, just say'n.... doing nothing this time just an eyes candy.

[Cobra]

members only update at 12:06 pm
http://www.cobrasmarketview.com/2013/02 ... ay-update/

[Out of Bounds]

Sold Longs - out . That last wiggle looked really wonky. I don't like it

[quientuves]

They awoke bears only for a mass extinction...

Maybe Hourly M200 give us a hope...

[Out of Bounds]

Sold Longs - out . That last wiggle looked really wonky. I don't like it

Whew!

[BullBear52x]

RSI on this hourly chart of /TF only 87.6 so 12 point to go before it reaches 100

[TWT]

$SPX: If it matters this up leg is not impulsive

[Mr. BachNut]

Market Neutral.

My composite trend indicator is down. It could get whipsawed if the bull keeps going here.
My summation index signal is down. It won't turn until the McClellan Oscillator spends some time above 0.

Watching the rip makes me want to get long here, but I am going to honor my signals for now. No short though.

There is a possibility things could become very challenging for my process in the days ahead.
There is a potential broadening top forming in the Dow. Dow leads as you know.
If so, it means no clean intermediate trend but higher high then lower low then higher high to top.
Have to see how it unfolds,but I think 2 or 5 points may be in place.

[Unique]

Time to scalp short/ sell the rip? Tight stop above line

Key time for Dow Jones leading indicator....

[KeiZai]

apple bounce coming

scalpers be ready

[Out of Bounds]

Time to scalp short/ sell the rip? Tight stop above line

Key time for Dow Jones leading indicator....

Why fight momentum?

[BullBear52x]

can not borrow TNA

[skittlesmds]

Time to scalp short/ sell the rip? Tight stop above line

Key time for Dow Jones leading indicator....

Why fight momentum?

Never going down again!

[Cobra]

if I say this is a bump and run reversal top, anyone would laugh at me? as normally I shouldn't do this on a strong uptrend day.

[joegamma]

is it

our liars in washington buying all this? seems crazy to be back up here and holding, though charts still look corrective, I feel like another squeeze higher before getting short for swing down next couple of days...
Here is 15 min tick etc...

[kenttown]

if I say this is a bump and run reversal top, anyone would laugh at me? as normally I shouldn't do this on a strong uptrend day.

SPY p-bars from yest wouldn't laugh at you

[Vaamsy]

if I say this is a bump and run reversal top, anyone would laugh at me? as normally I shouldn't do this on a strong uptrend day.

But I think you're going to be spot on today. We should be heading down to 1460-70 zone(unless we clear 1514-17 today).

[Cobra]

members only update at 12:35 pm
http://www.cobrasmarketview.com/2013/02 ... ay-update/

[Cobra]

if I say this is a bump and run reversal top, anyone would laugh at me? as normally I shouldn't do this on a strong uptrend day.

SPY p-bars from yest wouldn't laugh at you

p-bars might take takes to work. if bump and run reversal is right, we should see this rebound fail before the close.