Cobra's Market View

Please help. I Googled for a definition of "P bar" but didn't come up with one. Could someone send a link to a site with the definition? I thought I had found it once on investopedia.com but I couldn't find it there either. thank you in advance bossman phantom bar...just a nickname for “m...

Please help. I Googled for a definition of "P bar" but didn't come up with one. Could someone send a link to a site with the definition? I thought I had found it once on investopedia.com but I couldn't find it there either.

thank you in advance

Does this look like alternating Red then Green days again like last week?

Someone yesterday said that we will have a gap down today. How did you know?

Thanks for the response BachNut.

FYI. VIX option expiration is tomorrow. There are a lot of in the money calls at 30 and 27.5 strikes relative to puts. Market makers, if their their books are on the short side, may take a crack at pushing some of that out of the money late in the day/open tomorrow...like picking a ripe fruit. Just...

love your charts though unempel BB13/1 is often used as support on daily, weekly, monthly. Doesn't mean that it's a bottom, but I'm expecting a strong upwards move shortly - and the area of 1150 might be a nice starting point for a fast cruise up to 1200ish. Don't know where final bottom will be, 1...

the patient looks sick.. he needs another dose of drugs ( ie. liquidity from ben ) or might go into further withdrawals. pump him up ben! For those interested. New low was made on SI leading indicator last week, meaning price still lower 10 week down the road. http://wp.me/p1jbrN-bB Great indicator...

For bulls it's crucial that SPX jumps back over the 377 MA, now at 1209. If this MA is not crossed today or Monday I'll close my longs. SPX7.png Love your charts uempel. But I'm sorry I am at a lost from lack of knowledge. If you could help out my learning experience, I'd appreciate it. Is the 377 ...

rhight: Great chart! So informative at just one glance. StockCharts sure looks appealing as a charting tool. Thanks. Completely customizable, and so the charts are only as good or informative as the you can make them. You can learn a lot free from their chart school area. Additionally, I've incorpo...

uempel wrote:Looking at the bullish options:

SPX1.png

Thanks for the chart uempel. I do hope it hit that target before it drop down again.

uempel wrote:Doesn't support my bullish outlook:

SPX3.png

thanks for the update uempel

Guys: I'm really not into writing comments all day long. I like to post charts but they are things I'm working on during the day anyway. Sorry. I sort of agree with the other poster. I look at the charts you post but most of the time I am not sure what you're looking for in your charts. A one liner...

Cobra wrote:pullback to EMA20 as I said, now let's wait for H2. this is the setup recommended for beginners.

Cobra, could you elaborate on how this is good for beginners(me)? Sorry, I do not know. Also, could you explain the red and green line? Thanks in advance.

Cobra wrote:hi, gangs, I'm back, so far goes as planned...

Your calls seems to be on it. So your last chart indicates that you think today is a down day (end lower) and not up?

thanks in advance.

huge bar with volume surge, if this is not an exhaustion bar, then pretty much bears are dead. QE3 will be in the play, i'd ask you guys donate me CANADIAN DOLLAR please no US$! :mrgreen: today the NFP usual pattern does happen! bear dead! :o Pardon my ignorance. What is the NFP pattern? Thanks in ...

More studies on seasonality. I studied the days of the week for the last few months. Bearish days: Monday, Tuesday Bullish days: Thursday, Friday Neutral: Wednesday So if that trend holds we could see a rally into tomorrow's close and weakness early next week. thanks for the insight Cletus. Would b...

too bad, the more drop, the less look like a back test of the previous low. the market is too weak to find a base. Previous low? Was not it in April? 1300ish? I mean the morning low. it's the normal pattern to back test the morning low then reverse. that's why I'm commenting bar by bar now. just th...

I post these hugely profitable trades on here and it seems like some other people get a lot of thanks and credit for posting a chart and giving hardly any advice at all (not speaking about cobra). Strange world we live in. Just look at oil. I said I was shorting USO off the open yesterday at 40.70 ...

Thanks for having me Cobra. Been a great fan but very new to technical analysis so can only try to understand what people are posting. I would greatly appreciated if when you post with insights add alittle something so I can go on to do more reading to understand what you mean. Many times you are gr...