Cobra's Market View

All up day today. $spy $qqq $iwm $gld $tlt $uup

I've got a time signal on the 60 min for tomorrow Tuesday, 11:00 a.m. (approx) - I'm not showing that chart here. As to the direction of the move: these two charts might help and the solution looks easy ( :mrgreen: easy? - anything easy in TA?). A break above 1803 tomorrow is bullish, especially if...

Wow!!!

Cobra wrote:In 2013, this would mean the low was in for today. I'm not sure now, need see more bars. low was in has above 50% chances though.

Cup&Handle?

This week loss is going to eraised.

from the look of vix daily there is more to drop. maybe below hollow red bar. this means more up in equity.

Weekly spy bounces off MA and trend line nicely, and this week loss could be erased by tomorrow.

Cobra wrote:don't know what pattern it is now, still up biased though.

rectangle bullish continuation

Long 5,000 shares of TZA at 19.86 with a stop at 19.32. :twisted: :twisted: :twisted: :twisted: got stopped out? No, just went long. It hasn't hit 19.32 all day. I am using Ichimoku cloud as stop. BTW, TZA is the inverse (3x) Russell 2000. Good luck to you. btw. what made you long tza today, i woul...

Nrsimha wrote:Long 5,000 shares of TZA at 19.86 with a stop at 19.32.

got stopped out?

breaking out and closing green

bullish continuation

Cobra wrote:rebound indeed and the low probably was in for today.

I am waiting for you to say this bull has legs

Nrsimha wrote:CAN'T even hold 178.00 !!

PPT = FAIL.

give it time. it needs a break to catch a breadth

RSI hourly s turning lets hope it holds

rebound now?

So that third move is real?

Gap filled now what?

Cobra wrote:another MM, but my guess is down eventually.

Too many overlaps and taking too long?

Filling the gap?
or filling the gap then retest high?
or filling the gap then down?
Can we have the answer by eod?