Cobra's Market View

SLV seems to be breaking out.

Cobra, what do you think of the divergence between SPY and IWM ?

Richarab wrote:

cougar wrote:Who is Rudy?

http://www.huffingtonpost.com/news/rudy-pump-and-dump

http://en.wikipedia.org/wiki/Rudy_Ruettiger

"Noted there's a gap around 11/27."
That Gap starts around 1170, looks like.
That was a big one almost 20 points.

Al_Dente wrote:

99er wrote:Update
TNX http://99ercharts.blogspot.com/2011/12/tnx.html
Wolfe Wave here.

THANKS VERY MUCH 99er
I wish I knew what a wolf wave is
Perhaps u have a quick-'n-dirty link to a fabulous wolf explanation???

Google - http://www.wolfewave.com/an_illustratio ... _rules.htm

TBT turned back = bearish.

TBT making another attempt to break through 5min 200MA = bullish.

My Price Oscillator on the 5min SPY has been drifting down, but not on IWM...

TBT ain't buying this move up.

Spanish 3-month T-Bill yield more than doubles at latest auction... OUCH!

WOW!

dcurban1 wrote:

112211 spx lt.JPG

Here is the chart going back 20 years.

MrMiyagi wrote:

Al_Dente wrote: I’m going to migrate to firefox over the weekend; wish me luck

"migrate" "weekend" ? How about taking 10 minutes after the market closes. It's that simple. It will move your bookmarks.

Cobra -- have you ever heard of a "left translated cycle"? Do you think the market may be in one now, or in the process of forming one? I was doing some reading about it, and from what I could understand, it seemed to suggest an explanation as to why your "prediction" that the A...

Out of IWM 74CALLS @ $1.24...

Looks like we are headed to 1244 on ES.

Interestingly. my Price Oscillator has been bearish since 11:00 but the 5min %R(50) has stayed above -20%.
They usually move together.

maintain the plan. we'll see a rebound. :roll: I'm not shouting out this, I'm murmuring. ;) mur·mur (mûrmr) n. 1. A low, indistinct, continuous sound: spoke in a murmur; the murmur of the waves. 2. An indistinct, whispered, or confidential complaint; a mutter. 3. Medicine An abnormal sound, usually...

uempel wrote:Check the H&S:

17.png

That's a butt-ugly non-H&S. The little top at 3:00 looks like a better shoulder.

jarbo456 wrote:anyone using freestockcharts.com? do you need to have a subscription to get intraday futures feeds?

http://www.forexpros.com/charts/real-ti ... res-charts

SB73 wrote:wait for it boys there will be plenty of opportunities either way.

OK, let us know.