Cobra's Market View

Silver,marching, well motivated by QE3, is it gonna make, and if so, how far???? I saw various silver charts that recent rally hits the resistance, but as I saw no matter it's SLV or silver future, the resistance is broken. not sure why there is discrepancy? I personally feel silver has fake breako...

USD seems bottomed on hourly or daily. target 83.

solute to master Jackal!!! this is fantastic. Folks, I present - THE MOTHER OF ALL WOLFES This is the weekly SPX chart. Ratios are perfect so far. Just a bit more to go (1468.41). Never back tested the Wolfe wave on such a long term chart but we are close. Very close. Tick, Tock, Tick, Tock. :shock:

es is overbought on all timeframes.

gap up wrote:

SPX-27Aug2012.jpg

From Ramakrishnan for you E wavers.

what's special about this Mr Rama?

I took a note that someone posted USD p-bar to 81.20 on 6/29. Yesterday that target was reached, after 2 months.

ClarkW wrote:The Bullish Gartley on daily for GDX worked well but looks to be out of juice. See other times ChiOsc was this high on weekly plus pink trendline providing resistance

GDX pink line may not be accurate. On my tc2000, the trendline was actually poked.

ClarkW wrote:POSSIBLE Bullish Gartley forming in China ($SSEC). Might take a month or so to form, if it does, just something to keep in mind. Although my A.D.D. will probably not allow me to remember

to make it amusing yet ironically logical, I am eyeing around 1989.64 as bottom.

1440 anyone? climax run, neg D, 1250 next, aapl to 350.

crap, my alarm clock just rang.

TradingJackal wrote:

wayne0708 wrote:

EvilTrader wrote:Mr.Spy, could you restest the highs, please ?

gap closed. Now lets try the other direction please

Not until touchdown!

master jackal nailed it again!

does gold finally start to diverge with stock market now?

EvilTrader wrote:Double Bottom SPY (intraday) ??

seems likely!

GLD tiny p bars, several places.

broke

GLD pulls back a little

BullBear52x wrote:Where is P=bar king

there are a lot of early p bars not fulfilled yet.

the open. Falling wedge = short term bullish reversal in the works with accompanying oversold RSI... SPY 60min went from 75 rsi to 38 in one day...lovely (rsi 14 settings) Consolidated for the whole morning.... zzzzzz Low balling the August 25 SPY 141 calls @ 0.60 for a quick 20-40% gain, need the ...

es megaphone?

EUR and AUD gap up.

es triple top? rising wedge? gap down mon? lol