Marlin Cobb of RedLionTrader.com

Author: Marlin Cobb

Marlin Cobb, aka RedLionTrader has been trading for over ten years. Previously, Marlin worked in high-technology with a specialty in very high resolution display controllers. Marlin’s recent work has been in market timing signals. As a developer of the MrTopStep imbalance Meter (MiM), he is also a leader in the MrTopStep IM-Pro Trading Room, where he shares trading ideas and breaking market news live from the floor with our other professional traders and new traders eager to experience the power of collective intelligence. Join us today and get the edge only social trading can give you.

Opening imbalances today on the MiM sending a mixed message..

Our opening today was a bit of a roller coaster with a surge of selling just before the opening and then reversing quickly. There are still buyers coming into this market. […]

Thursday, August 17, 2017Friday, August 18, 2017 Marlin Cobb Commentary

$SPX Xronos RSI scanner for today turns neutral from bullish..

Our RSI scanner for the past week has been looking toward higher highs. Yesterday’s market action turned that forecast to neutral. Looking out 21 days, however, it does favor the […]

Thursday, August 17, 2017Friday, August 18, 2017 Marlin Cobb Commentary

What is a Floor Broker D-Quote ?

Each and every trading day on the NYSE we look for the D-Quote reveal at 3:55 pm ET. These quotes are added to the MOC imbalances which are sealed and […]

Wednesday, August 16, 2017Wednesday, August 16, 2017 Marlin Cobb Commentary

Closing Imbalance data starting to come in. Here is how the Open matched up:

Our NYSE feed for the opening imbalances showed spike to $230M to buy on the open. That opening spike was reflected in the Opening ticks, which just might be the […]

Wednesday, August 16, 2017Wednesday, August 16, 2017 Marlin Cobb Imbalances, MiM, mim

Today’s XRONOS RSI Scanner remains in the bull’s camp.

The RSI scanner for the 8/15 $SPX close of 2464.61 round 14 similar days in the database. It is suggestive that the next few day may be bullish. Even longer […]

Wednesday, August 16, 2017Wednesday, August 16, 2017 Marlin Cobb Commentary

Closing MIM for August 15th.. Those pesky dQuotes matter..

I was on the road yesterday not able to post the closing MiM. For the record we had an upside surprise buy at nearly 1B. That 9:50 slot is the D-QUOTES […]

Wednesday, August 16, 2017 Marlin Cobb Imbalances, MiM, mim

Today’s opening Imbalances on the MIM had a last minute buy..

Our NYSE feed for the opening imbalances showed spike to $230M to buy on the open. That opening spike was reflected in the Opening ticks, which just might be the […]

Wednesday, August 16, 2017Wednesday, August 16, 2017 Marlin Cobb Imbalances, MiM, mim

XRONOS Scanner remains bullish with the current RSI setup..

The Xronos RSI scanner runs each night analyzing the close and comparing it to historical closes, then looking out at similar setups 2,3,5,8,13 and 21 days out. Here are […]

Tuesday, August 15, 2017Tuesday, August 15, 2017 Marlin Cobb Commentary

Xronos RSI Scanner not finding anything similar..

The scanner based on Friday’s close (8/11/2017) not finding any similar setups. There were two, but that is not enough to setup anything statistically. I suppose that tells us […]

Monday, August 14, 2017Monday, August 14, 2017 Marlin Cobb Commentary

Opening Imbalances: Buy Buy Buy

The worried, who did not want to commit over the weekend, came like a flooding New England tide on the open this AM. With rhetoric, at least international rhetoric, cooling […]

Monday, August 14, 2017 Marlin Cobb Commentary

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