Cobra's Market View

Does anyone use price volume analysis to trade? Anyone know any free sites that don't just want money in the end? I've found a couple free site (beside cobras which is great). www.stockporn.blogspot.ca (stupid name but dude is good) www.swingtrader.tumblr.com (simple but infrequent signals). Thanks ...

wow futures exploding. I was waiting to see which way we would resolve at the 1684 area but looks like they only gave you the chances on thursday and friday if you were able to read the chart right. I of course didn't! LOL I'm sure many will say they did. :) this guy has been bang on with the analys...

1652 resistance on spx. Looking for a move down. NFLX good short. That is all.

BullBear52x wrote:All of my 3 time frames are now on sell.

Bears are on offensive mode now.

Sit back and wait for 1596 and then see whatca gonna do. Just like Hulk Hogan tells us.

having a hard time at that 50dma and 1624 area of resistance. needs to break and test before it can run higher. No need to guess to wait and see. :) Volume continues to be low. Hard to break resistance on low volume although i count this as the 3rd time it is challenging this resistance area. volum...

having a hard time at that 50dma and 1624 area of resistance. needs to break and test before it can run higher. No need to guess to wait and see. Volume continues to be low. Hard to break resistance on low volume although i count this as the 3rd time it is challenging this resistance area.

good luck to all and too all a good night

BullBear52x wrote:from a buy point with no new high, It's no go, too weak, buyers beware high today on /ES looks more of bull trap than anything else, <1610 bears will sure have one more leg at least.

I agree 1596 looks like a likely target. i should give credit to stockporn.blogspot.com i'm using his numbers.

volume analysis is pointing down.

BullBear52x wrote:1610 may not hold, no way... and SPY kind of have a POS D on RSI 5min. but /ES is looking weaker than I expected.

spx 1614 is really the last line of defensive intraday if i'm reading this correctly, then its back to 1595-1600.

TWT wrote:$TLT: If price is forming an ED it could have a bearish outcome

I saw a nice bounce off of 107.73 support and possible move to the 20ma. Just a guess.

BullBear52x wrote:

Al_Dente wrote:here's the Miyagi-Bar SSO

71pbarsso.png

you're fast

thanks what your wife said! zing! j/k just some friendly ripping.

cool...just reading your blog right now. good stuff! I've been stealing the analysis of other blogs myself to appear smart.

turns out to be a good sell intraday, hehehe, I booked this flight round trip. Kinda of looks like a test of the high volume down bar on 6/20 should result in a trip back down to 1576. Or a test of 1594 at the very least. That will be a home run :D My gut (gas) says you will get it maybe this week....

thanos wrote:

BullBear52x wrote:turns out to be a good sell intraday, hehehe, I booked this flight round trip.

Kinda of looks like a test of the high volume down bar on 6/20 should result in a trip back down to 1576.

Or a test of 1594 at the very least.

BullBear52x wrote:turns out to be a good sell intraday, hehehe, I booked this flight round trip.

Kinda of looks like a test of the high volume down bar on 6/20 should result in a trip back down to 1576.

Me XMan wrote:Looking like she's breaking to the down side.

thanos wrote:break of 1620 confirm of a double top. My bet is down.

Yup she is. Let see where she closes. Below the 50ma and 1623 then not so good. above then good. great logic.

break of 1620 confirm of a double top. My bet is down.

GLD creeping up to my target of $123. SPX resistance still stands at 1623.7 combined with the 50sma we have a linein the sand.

back to 1594 we go?