12/04/2013 Live Update

[Cobra]

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2nd test of yesterday's low, key time, as every 2nd test has 50% chances of reversal.

[gappy]

Wed. Hightower. glta.[attachment=0]Capture.PNG[/attachment]

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/12 ... ay-update/

[fehro]

green channel... or red channel... SPX 15m.. or blue

[joegamma]

neutral smalls, possible plunge to 111even, now marking time between 11220 and this base 11130ish.

10yrs failed to meet my tlt target by a few ticks yesterday, not a winner this morning

[fehro]

INDEX 5m... seems COMPQ and RUT have a little lower to go..

[joegamma]

we have seen typical consolidation for about 4hrs after the downmove, seems the next move within 30mins should be a go-with, hate selling weakness, may wait to try and get long 111even area

[Cobra]

over 100% mm, so the rebound shall have legs.

[joegamma]

INDEX 5m... seems COMPQ and RUT have a little lower to go..

for the moment, those long vixie mayy be wondering why they bot the highs...

[Cobra]

members only update at 10:10 am
http://www.cobrasmarketview.com/2013/12 ... ay-update/

[Mr. BachNut]

Neutral.

My summation signal went neutral yesterday. Another bad day could turn it down.
My composite trend signal is up. Enough technical damage was done to flag a small down cycle, but the trend is holding up fine for now. No worries.

So far, this is looking corrective.
It is no wonder the bulls have no fear if this is all the bears can do with three down days.
We are still a ways away from the last low of any consequence (11/20). Why sell?
Bears have possibilities but have more work to do.
If my summation signal turns, I'll be trading it, but I'd like to see more technical damage being done.

[fehro]

SPX 15m... green channel.. morning gap filled mind the interday gap at 1793ish..on the 5m

[uempel]

Nothing for today, but ellipses on the daily SPX suggest a big move next Monday. Presumably sideways range until then.

[fehro]

VIX 15m + day

[L_T]

Wow 50% fib level hit with incredible speed.

[joegamma]

outa some iwm calls, wondering how much sso has above, usually squeeze til europe closes?

Watch the ratio level of nyhgh to nyadv, typically new upmove can start at these levels .02-.04 ish.
Also Nyadv to Nyupv, wait until closing, if it holds above 7.0-8.0 levels, suggests more up next few days.

Did not see blowoff downside volume yet, Trin averages suggest more down, so still a bit bearish I/T but waiting for better levels to sell.

[Cobra]

wait for h1?

[fehro]

SPX 15m.. possible invs H&S for the bulls.. measures to new all time highs.. if the shoulder fails, mind the green channel

[Cobra]

it was good h1, but just a scalp now wait for h2.

[Cobra]

morning hourly hollow red by the way.