Cobra's Market View

Cobra, It seems it is a 90% thing that a big red bar (Always) continues at least a few days. Is that the case?

Thx

Closed all long now, Starting a swing short position exp 7-17 TLT 167c XLRE 34p SPY 300p

Everything I have says next 4 weeks down trend. Eventual target 2910 SPX

Long since Friday close after panic, I am thinking they want 3100/3115 by Thurs Morning. I will cover all longs there and put 50% of holding betting big on a swan dive next week. My cycle work says next two weeks down 2915 , small bounce and down into Aug 2825/2850. I think the highs are in for a wh...

Agreed! The Rubber meets the road right here

That's Bear Meat your sniff'in? Bulls back in control. Auction shows buyer's more interested than sellers. TWT

Low Of The Day In,... Target 3080-3100 Sir's

There's your over night low... Geez

No Fed Today,

I smell one huge Bear Trap... Sideways consolidation two days Tomorrow the Feds back and 2989 first target. Naz Futures back Positive. Bears no hope if they can't change their minds.

5/12 NOMURA: This Friday may change the picture significantly as options expiration means a significant shift in positioning. The largest Gamma stries are at 2850, 2900, 2950 and 3000 (3000 is the monster $strike). All will be coming-off Friday…. Option expiry does not support any extension of the ...

5/12 NOMURA: This Friday may change the picture significantly as options expiration means a significant shift in positioning. The largest Gamma stries are at 2850, 2900, 2950 and 3000 (3000 is the monster $strike). All will be coming-off Friday…. Option expiry does not support any extension of the ...

alphahorn wrote:I lied, small profits on that long, now short at 3120.75

alphahorn wrote:if 3022.50 doesn't get breached to the upside, then this could be a b wave of a correction and we could see a big move down

Hey Boss,

What if it don't hold?

alphahorn wrote:that comment was nonsensical, forgot I was looking at overnight ES action not FRiday. Still waiting to see if 3120 holds as resistance and we see another leg down to 3105ish otherwise 3134 is next

This market, now an for many months is not technically driven and still is not. I have had very reliable indicators telling me the last drop was "The" drop for over two months. Yet here we go again. The only thing that has worked like a charm are Cycles. And those cycles say we head down n...

I see this whole stick save rally was/is on a great outcome from the trade front... An fed saying unlimited balance sheet support. Meaning there is NO NEWS left possible except (Dissapoint) I think that's what we are seeing now. I think Gap down Monday looking for a cycle low next Friday around 2825...

I like The Don.... But if he will just keep his mouth shut for one week I can make alot of money on my Longs!! Right now INTC is giving a TTM Squeeze on the TOS charts. I got heavy long calls two weeks out at the close. (Cheap) closed at 44.05 ish and easily see 66.50 -68.00 by Friday! Also went in ...

Candlevolume on the WEEKLY shows no stampede of selling, but one tweet can change all that. Generally, if price can stay above the bolinger centerline ON THE WEEKLY, it’s “risk-on” for longer term folks. So, next week is critical… 518week.png.png Thanks AD, I enjoyed your chart as I think you hit t...

Simply Chart the Yaun... CNYA It could not be more obvious.... And China said last week they are going to try harder to stabilize their currency. Actually I think thats a sign they plan to do just the opposite. Weekly sell, Thats a big Deal... Just my thoughts and I'm a great fade... But Even a Blin...

Don't tell me I gotta buy another call?

brokebybernacke2 wrote:close below 2805 does nice things for me.

Me 2... But think the PPT hold's it but they trash it AH