Cobra's Market View

This one is for all of you astrologers, especially for TG. Just a few weeks away from the TOP.

victorm wrote: Here's a scary one from Sid ...

And i think he's right, only the top should be somewhere between begining of april and end of may, till then chop chop till we finish wave 4 and up to 5.
PS: shouldn't be scary, only reality

Ok, I will step up. Agree, that "the subject person" provides good posts that I enjoy, but he draws in alot of people that want to fight with him and it it bad for the board. Although I have not direct conflict with "the subject person", "the subject person" has drawn ...

The thing i'm curious is what's gonna happen on may 31, as one of marvelous uempel's eclipses gave a signal and also my bradley and Jupiter-saturn-uranus cycles are posting a turn date and the end of this month or first day of june. Could be the start of the last leg down? We'll see then. 20120527 b...

PAGING TraderGirl [edit: and Keizai] If u have time, please post yr dollar chart(s) and any turn dates u have for this week . “Anyone can be a millionaire, but to become a billionaire you need an astrologer.” [Billionaire J. Pierpont Morgan, who had the world’s most famous astrologer on his payroll...

Interesting chart, ever compared it the typical three peaks and a domed house chart pattern? It seems to place us now to point 22 in that pattern: http://carlfutia.blogspot.com/2012/04/three-peaks-and-domed-house.html Maybe yes, maybe no. We could be at 16. One thing i can be sure is that you can't...

The Jupiter Saturn Uranus cycle works like a charm. See this attachment , it's a detail from 2008. Where is the bottom? In 1 or 2 weeks probably we'll find it. djia-Ju-Sa-Ur 2008-2012.png What i'm most interested is to zoom this to a daily level, like here: http://www.educatedanalyst.com/images/stor...

We had a Bradley minor turn date yesterday.Since we had a low my guess we're going up this time but not necessarily till june.

I might but don't count as i trade also in european session and might change my position based on what happens then.

DJIA broke upwards that bear flag.

Good, as long as we don't close at LOD it's ok for bears.

20120419djia.png The back and forth annoyed me and didn't payed attention last days to a bigger time frame and missed this move. The overlapped up trend was corrective and labeled as wave 4. Now lets see were 5 stops, if can make a lower low or not. In later case we can expect a correction (up) to ...

Just a little reminder from Cobra last night report: if the pullback is shallow and does not overlap with 12th April high we may be heading higher.

Posting trades is a difficult thing, because nobody wants to be responsible for other people's trades (losses especially). You can get a pretty good idea what everyone here is thinking in terms of direction.... Especially Cobra, in his first 3 intraday posts, if you're paying attention to his updat...

Seriously now cobra, you are way more experienced than us, why did you choose to close? 40 points move on DJIA in 4 hours? Equiv with probably 4 points in ES. Is that a sign of a strong bull move? I do remember when bulls make a serious move you can't stand in front of them. Only join the crowd. But...

Yeah, it did work for us, thx Cobra! But still looks like sleepin hour... I'll hold my short position till afterhours.

soku wrote: i should close my shorts earlier.

Why? I don't see any bottoming pattern yet and i hope we're not on a bull market when accumulation near low meant reversal. Still holding my shorts. All indicators still pointing down.


Thx BB52x.

BullBear52x wrote:JPM GOOG and AAPL said a lot today.

Meaning? I don't have charts. More down?

AUDJPY and EURUSD have formed big H&S patterns, AUDJPY already broke the neckline while EUR is still hovering above but looks like it wants to test it. If yhis plays out the targets are well below which implies also down for US indexes.

This doesn't seem to be a range day. We may have had a top of wave 4 or 1 up and now we may be heading south to retest the low. Closed the longs and reentered short.
Edit: the only thing that could help bulls are EURUSD and AUDJPY near support.