02/16/2016 Live Update

[Cobra]

members only update at 12:10 pm
http://www.cobrasmarketview.com/2016/02 ... ay-update/

[Al_Dente]

NY advancing stocks are 3.9 x declining stocks
NY advancing volume is 4.1 x declining volume

EARLIER:
NY advancing stocks are 2.4 x declining stocks
NY advancing volume is 2.4 x declining volume

[Cobra]

this bull shall have legs.

[fehro]

SPY 15m some resistance here.. sell some longs from Fri here.. seems better resistance higher .. SPX/SPY 20d to the downside.. needs to hold for the bulls into the close... 188.45/1885.15

[ALdaytrade]

Jumped into $UVXY, am I too early here?

[BullBear52x]

A day like today I would think we will get a positive reading by now, all still in a negative.

[BullBear52x]

Jumped into $UVXY, am I too early here?

nice spot, but I will wait until the RSI >30 for this time frame, but I like your entry.

[superxy]

Recent black bar doesn't work well

[fehro]

VXX not totally falling apart bullish falling wedge still.. yeah I know VIX expiration.. but >20d 24.06, and still above LOD, as SPX/RUT makes new HOD, NDX lags .. VXX a tad stubborn

[ALdaytrade]

Jumped into $UVXY, am I too early here?

nice spot, but I will wait until the RSI >30 for this time frame, but I like your entry.

Well, I hope it is a good entry!

So if the H = 1947 and neckline is 1872 ish, target is 1795?

[BullBear52x]

Jumped into $UVXY, am I too early here?

nice spot, but I will wait until the RSI >30 for this time frame, but I like your entry.

Well, I hope it is a good entry!

So if the H = 1947 and neckline is 1872 ish, target is 1795?

yes, I can see that measure.

[ALdaytrade]

5 minute triangle going on here...

[JFR]

Will ES break out? It is just chopping around now. Building a base? It looks like it could just as easily turn back down.

Taking a break. Back later.

[josephli]

Jumped into $UVXY, am I too early here?

nice spot, but I will wait until the RSI >30 for this time frame, but I like your entry.

Well, I hope it is a good entry!

So if the H = 1947 and neckline is 1872 ish, target is 1795?

usually not a good idea to think H&S pattern appear around bottom.

[uempel]

Plain channel on the daily and SPX trying to exit

[ALdaytrade]

Jumped into $UVXY, am I too early here?

nice spot, but I will wait until the RSI >30 for this time frame, but I like your entry.

Well, I hope it is a good entry!

So if the H = 1947 and neckline is 1872 ish, target is 1795?

usually not a good idea to think H&S pattern appear around bottom.

What bottom? Your bottom?

[BullBear52x]

Will ES break out? It is just chopping around now. Building a base? It looks like it could just as easily turn back down.

Taking a break. Back later.

now 5 min. is a go on evil side, let see how low will she takes us.

[ALdaytrade]

Plain channel on the daily and SPX trying to exit

hzu.png

What is the extension of the blue line on the low of the channel?

[josephli]

Jumped into $UVXY, am I too early here?

nice spot, but I will wait until the RSI >30 for this time frame, but I like your entry.

Well, I hope it is a good entry!

So if the H = 1947 and neckline is 1872 ish, target is 1795?

usually not a good idea to think H&S pattern appear around bottom.

What bottom? Your bottom?

dude calm down. i thought you were talking neckline 1795. my bad. then I agree with your comment. lol

[BullBear52x]

within last 20 trading days, bulls retested 20 ma or mid BB for the third time, will this time be a charm for bulls?