08/15/2013 Live Update

[Cobra]

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Could be H&S Top breakdown, targeting 1644.20.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/08 ... ay-update/

[joegamma]

Naz 10 futures 10 hour bars: has not been rewarding to sell weakness last 2 occassions...3rd time a charm?

1aanaz10hour.png (9.42 KiB) Viewed 15254 times

[joegamma]

watching r2k nearer 10225/10245 area, looks to open 10270ish, after %b below zero then look for positive divergence on 1hr or 30 minute...here is 2 hour candle, GLTA

[fehro]

SPX 60m, messy 15m.. note the steep red channels.. and a cleaner SPX 15m. watch the trend lines for a bounce. On the cleaner 15m for the bulls could still be a bullish falling wedge, should this H&S fail... seems doubtful with the strength of this gap. Also mind the open gaps below to 1630 areas

[jarbo456]

PG is starting to look ripe for a breakout.

[fehro]

SPX 60m

[TraderGirl]

that's a wave iii of 3 alright indicated here: viewtopic.php?f=2&t=1027&start=80#p139135

[fehro]

close up of my messy 15m SPX with the steep red channels

[Cobra]

members only update at 9:41 am

http://www.cobrasmarketview.com/2013/08 ... ay-update/

[gappy]

philly.PNG

GLTA.

[Cobra]

members only update at 9:49 am

http://www.cobrasmarketview.com/2013/08 ... ay-update/

[fehro]

SPX 60m 15m

[Mr. BachNut]

Partial short. Got in on break of neckline after hours.
I have indeed come to regret getting shook out of my prior position.
A fair bid of leakage here.

My summation index signal is down.
My composite trend indicator signal is up. A really bad day could flip this to down tonight.

Market has moved from the 169 SPY strike to 167 for OPEX.
I thought we might take a poke at 170 yesterday but bears delivered a body blow overnight.
Bulls need to defend 167 and perhaps make an attempt on 168.
However, today could turn into a trend day (look out below).
Necklines have been broken and there could be a rush for the exit.

[fehro]

SPX 5m... little interday gap 1666ish

[Cobra]

if you're still thinking of BTFD, better wait for a higher low (2nd test of the previous low) first.

[fehro]

SPX 60m.. support?

[jademann]

I held a full short for several days including overnight and then I also noticed that Thursdays have been strong. Darn! At least I held on to a full UVXY position although I sold below peak.

[TraderGirl]

Dow...still another leg....

[gappy]

Dow...still another leg....

Trader Moe agrees. Set stop @ your iv. http://trader-moe.com/wp-content/upload ... hannel.jpg

rolling-price-channel.jpg

ES similar to DJI.