Cobra's Market View

I may be rude but I am also not stupid. Please read this post that I made at the exact market top on 7/7. Please focus on the last sentence especially. Would you rather have rudeness that makes you money or politeness that causes you to lose? I'm done with this forum. Waste. Agnosia: "this is t...

But Cheech got the oil direction wrong yesterday morning. When I bought USO calls I was so scared of trading against his market views, that I posted here how worried I was to trade against HIM and even added: “…I am probably toast”. But I wasn’t toast... Neither were several other people here who w...

I was pointing out how IYR was red all day and it was ignored.

ok, I hope it's a bull flag now. cannot believe what I see here. Cobra, Why don't you consider the Gap Up a push Up? Then wouldn't we have had the 2 pushes up and now we get 3 pushes down? Thoughts? i see this morning's gap up as the 1st push up as I see already 3 push down on SPY 60 min chart. the...

Gold reversing hard. Only true amateurs bought that break out. The dollar shall rise hugely.

Only cheech correctly identified it, target SPY 129

IYR deep in the red. No buyers.

ok, I hope it's a bull flag now. cannot believe what I see here. Cobra, Why don't you consider the Gap Up a push Up? Then wouldn't we have had the 2 pushes up and now we get 3 pushes down? Thoughts? i see this morning's gap up as the 1st push up as I see already 3 push down on SPY 60 min chart. the...

OK, I now ya'll really love these long term charts, but it helps to put a perspective on the box we've been in this year. A long term triangle that price is currently contending with: Down trend resistance now at 1358. Up trend support now at 1279. Last August's Bear Trap coincided with Ben's famou...

So sad for bulls. Just looks like a common bear flag which measures to 129 SPY or so. It shell be a disappointment to those again who thought they caught a bottom if true.

lol, IYR is red, interesting stuff, may still need a new high in IYR first though

Strange resistance line here. Not sure what that is.

IYR still pretty much flat. I don't see it as positive.

IYR still weak and getting weaker. Regardless of how high Bernank takes it, still looks not great for bulls in the big picture.

NFLX is fraudulently priced now and shell fall.

IYR is weak today. Strange.

Gap up but within yesterday's range, so there're chances the gap will be filled today. Global ES is kind of in a key point, back test of the former Broadening Top support or something more bullish, we'll have to wait and see. I'll say 50.01 to 49.99 chances this is going to be a Double Top. Well, n...

Price popped on typical Fed Minutes silliness, then sold by bots on first touch of declining SPX 60min 20MA with pronounced negative divergence on TICK. We'll see, but I suspect that any move back above the 60 min. 20 MA will be viewed as an opportunity to sell. TICK is schizophrenic today. Bespoke...

A close beneath 1296 in the next week of trading days still shell be!

cougar wrote:USO bouncing from the bottom limit of the accelleration band.
Sold all USO puts, close to the top price of the day.

I'm not even thinking about buy crude until a re-test of the prior low