Cobra's Market View

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Small gap down, but below yesterday's range, so not sure if the gap will be filled or not.

The pullback on global ES is already 2 legged, so I read it weaker than the previous push up therefore looks like a 2nd leg up is possible.

members only update starts here: http://www.cobrasmarketview.com/2013/03 ... ay-update/

SPX: follow up of the short term EWP

http://www.thewavetrading.com/2013/03/0 ... rm-ewp-88/

Hello there I am taking some profit here

viewtopic.php?f=2&t=839&p=120260#p120260

Have a good weekend everyone

KeiZai wrote:Hello there I am taking some profit here

viewtopic.php?f=2&t=839&p=120260#p120260

The attachment ES-1.png is no longer available

Have a good weekend everyone

Too early. This ain't over.

A sea of red ...

ES down 7

SPY down .54

the open.

SocGen is the latest to go bear gold (GLD) … yesterday.
It is now officially “fashionable” to be bearish gold.
Contrarians listen up, your day is coming.
U.S. investors appear to be dumping gold in favor of other investments, notably U.S. stocks.
(ditto contrarians)

Momentum Block
Global Equity Futures: Neutral
Key Currency Pairs: Bearish (Bearish SPY)
Hello, Currency Traders
Equity Bulls need your help.

Al_Dente wrote:SocGen is the latest to go bear gold (GLD) … yesterday.
It is now officially “fashionable” to be bearish gold.
Contrarians listen up, your day is coming.
U.S. investors appear to be dumping gold in favor of other investments, notably U.S. stocks.
(ditto contrarians)

good point al--monthly chart at 3rd bottom after 5 months in a row down would assume a range bounce around that lower bb even if going lower. look back no 5 months in a row down. however when it really hits gld will not make it either (imo)

uup.....in wave 5?

TMF...this looks like the beginning of wave 5....good for bears...

Al_Dente wrote:SocGen is the latest to go bear gold (GLD) … yesterday.
It is now officially “fashionable” to be bearish gold.
Contrarians listen up, your day is coming.
U.S. investors appear to be dumping gold in favor of other investments, notably U.S. stocks.
(ditto contrarians)

Totally agree, just need a juicy reversal pattern to trade off of

SLV double bottom and clear positive divergence. Ready to take off?

Al_Dente wrote:SocGen is the latest to go bear gold (GLD) … yesterday.
It is now officially “fashionable” to be bearish gold.
Contrarians listen up, your day is coming.
U.S. investors appear to be dumping gold in favor of other investments, notably U.S. stocks.
(ditto contrarians)

Agree Dr. Al. No position for me but monitoring using a longer term perspectice. Check out ChiOsc, must wait for it to turn

Al_Dente wrote:SocGen is the latest to go bear gold (GLD) … yesterday.
It is now officially “fashionable” to be bearish gold.
Contrarians listen up, your day is coming.
U.S. investors appear to be dumping gold in favor of other investments, notably U.S. stocks.
(ditto contrarians)

If Gold is affected by dollar bull, then gold bulls SHOULD be worried...IM very HO.....

Nydec 2000 (update 2100) right out of the gate already
Needs to stay >2000 for bears
oversold already
5min only

Out of Bounds wrote:

KeiZai wrote:Hello there I am taking some profit here

viewtopic.php?f=2&t=839&p=120260#p120260

ES-1.png

Have a good weekend everyone

Too early. This ain't over.

Capture1.JPG

Yes it's possible, just in case I booked some profit have a really big headache and my head hurts when I look at the computer screen So don't want to trade today and looks like I am going to miss a very enjoying day

DROP. go down. crash.

Seriously, just sell because this isn't a small pullback.

Nice diamond top yesterday in XIV...