Cobra's Market View

$SOX about to roll over?

Coincidence? Probably Using time series of vertical purple lines predicted change of direction 9am May 10th. Using same idea for the pink vertical lines predicts change of direction the current hour. Plus it hit the dotted brown TL. Long a little UCO, and not a long-term holding, likely out by end ...

Coincidence? Probably Using time series of vertical purple lines predicted change of direction 9am May 10th. Using same idea for the pink vertical lines predicts change of direction the current hour. Plus it hit the dotted brown TL. Long a little UCO, and not a long-term holding, likely out by end o...

Does a surprise massive build in gasoline inventories say something negative about the economy?

Anyone have any thoughts on ZOLT? Unique, you seem to fancy the individual names Hey CW - 14.09 is the hourly/daily high volume mark would expect a test. What it does up there should show the bias goiung forward. Best of luck No position at this point. Was brought to my attention today and thought ...

Anyone have any thoughts on ZOLT? Unique, you seem to fancy the individual names

Al_Dente wrote:Usually lower prices at the pump means more money in consumers’ pockets which means they can spend more on discretionary stuff
[Bespoke]

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Good info. Thanks Al!

joegamma wrote:trans and banks trying to help out the lonely bears this morning....

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BUT Fincls KNOW $3bln pomo this morning

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JoeGamma had his coffee this morning. I like it! Keep 'em coming

TMF sitting at potential support...5 waves up is impulsive which I mentioned here: http://bbs.cobrasmarketview.com/viewtopic.php?f=2&t=897&p=127896&hilit=tmf#p127896 Now we have what could be 5 waves down for possible "a" wave, back up for "b"? close gap?? In any cas...

Anyone playing GEO, one of Cobra's stock picks for the weeks. Appears to have broken out

GST appears to of had a false breakout so far. Interesting on a higher low, maybe around $2.65-ish or wait for a true breakout?

Cobra wrote:members only update at 9:50 am
http://www.cobrasmarketview.com/2013/05 ... ay-update/

Nice eyes on Cobra! Great stuff AS ALWAYS!!

happy weekend all! Paging TraderGirl: any turns favored for 5/6 or 5/9 and any directional hints with equinox? Looks like Monday will be big fed POMO day $3bln, midize Tuesday $1+ bln so chance that those cheap puts i bot Friday may get a lot cheaper :oops: ... at least I waited til iv had plunged!...

Coffee is on my radar, looks like some kind of bottoming process in mature stage Coffee-mayBP.png Coffee-mayBP2.png Last week I was watching consolidation patterns this week I wanna see if some breakouts are real and others lagging or more consolidation ahead (wanna see supports to hold in case of ...

Copper anyone? http://stocktwits.com/KimbleCharting/me ... 9#13379403

Just me or is it odd the Swiss Franc is up nicely today with such bullishness? FXF +0.30%

Al_Dente wrote:note UUP

Dolla up, gold/silver up, market up. Normal right

wayne0708 wrote:Cobra:
Remember the red bar on 04/23? Should visit it eventually

You're on a roll today, Wayne. Good stuff. Nice and clean charts...thanks for sharing!

Be very alert of the monthly SPY and AAPL candles guys....I'm telling you in advance :D What's your read on $SPX? Hanging Man? Yes hanging man for SPX, it could be a sign of final exhaustion. Obviously, we need to wait for the next month's candle to confirm. Long term trend baby :lol: FWIW, Bulkows...