02/26/2013 Live Update

90ufo

Cobra 发表于 2013-2-26 11:26 AM
possible Descending Triangle in the forming. The bias is down. $SPY, $SPX, $ES_F
http://bbs.cobrasm ...

could falling wedge

ddd

yaobooyao 发表于 2013-2-26 09:02 AM
3D 老大，下一步想怎么做？

buy dip at ??? level

I'm closing my RUT June puts, last batch left.

The market is waiting for the end of Banking Committee hearing for sure. The question is are we going to see a bouncing up or a continue sell off immediately. I vote for the former.

ddd

Short term, ultimately the market direction at this point depends on the resolution to the sequestration in days. Further down move is possible.

silicon_beaver

not good. new low after 7:30am PST.

面瓜

spx再等欧洲关盘，然后行动！

北京哥哥

90ufo 发表于 2013-2-26 12:22 PM
i saw the chart too.  but Cobra use CPCE as primary sell signal.

没有明显顶部的pattern

Cobra

90ufo 发表于 2013-2-26 11:34 AM
could falling wedge

因为测试昨天的low，所以这种情况，我跟愿意读作descending triangle。关键是trend is down，一般反向的pattern不容易成功，何况wedge本身就很少有成功的，都是小wedge变成了大wedge，然后变成了更大的wedge，然后才成功一次。

当然，可能你对。我只是解释，为什么我看到的是descending triangle。

ddd

Intermediate term, the chart still seems to be missing one more wave up before a bigger size adjustment down to below 1400 in the summer.

silicon_beaver

XIV soon will be under 18.

Cobra

text book target. $SPY, $SPX, $ES_F
http://bbs.cobrasmarketview.com/ ... mp;p=119686#p119686

北京哥哥

gold真能蹦蹬哈

Cobra

members only update at 12:04 pm
http://www.cobrasmarketview.com/2013/02262013-intra-day-update/

yaobooyao

ddd 发表于 2013-2-26 12:46 PM
Intermediate term, the chart still seems to be missing one more wave up before a bigger size adjustm ...

你的主力舱位想怎么操作？下一步。。

Cobra

forget about Descending Triangle, now bulls get better than 50% chances to rebound. $SPY, $SPX, $ES_F
http://bbs.cobrasmarketview.com/ ... mp;p=119713#p119713

ddd

yaobooyao 发表于 2013-2-26 10:18 AM
你的主力舱位想怎么操作？下一步。。

Getting out my intermediate term short positions, and focusing in DT long side into March. Reload ST shorts around 1550 area.

Cobra

this rebound shall have small legs. $SPY, $SPX, $ES_F
http://bbs.cobrasmarketview.com/ ... mp;p=119716#p119716

90ufo

Cobra 发表于 2013-2-26 12:25 PM
forget about Descending Triangle, now bulls get better than 50% chances to rebound. $SPY, $SPX, $ES_ ...

feb21 也是下降三角broke down but didnt reach target, 变成falling wedge.

Cobra

volume surge, might see pullback here but this rebound has legs. $SPY, $SPX, $ES_F
http://bbs.cobrasmarketview.com/ ... mp;p=119730#p119730

yaobooyao

ddd 发表于 2013-2-26 01:28 PM
Getting out my intermediate term short positions, and focusing in DT long side into March. Reload  ...

so you are more leaning toward the bear's power.

ddd

yaobooyao 发表于 2013-2-26 10:45 AM
so you are more leaning toward the bear's power.

Longer term to fully reload longs hopefully from below 1350, around July - Aug.