Cobra's Market View

BullBear52x wrote:Look at 5 min. neg D. buy with tight stop will do just fine. stop 3925, still looking up 3965, if hit 3965 first then I will call it a day. Greed Kills.

<3925 or @3965

like this, think one last pop up to your higher target, then a rest. appears we in BTFD again!

BullBear52x wrote:What a reversal. no good folks.

Election issues might be curve ball.

DXY 109 very important for market

brokebybernacke2 wrote:such interesting times
Elections next week
CPI next week
Everyone fleeing to the $, market needs that liquidity at some point....

Very pretty bull flag on US dollar, daily tf

such interesting times
Elections next week
CPI next week
Everyone fleeing to the $, market needs that liquidity at some point....

Yellen and friends had the powwow. We are golden.

META is right at the .786 Fib off the 2012 low, yep, 2012.

Only 5 stocks, yes, just FIVE, were resp. for >50% of the broad benchmark gain last year in 2021. (Apple, Google, Tesla, Msft, and Nvda) - does that work in the opposite direction? (sorry for the multiple facetious comments). People who are paid to write are saying similar! wish i were paid to writ...

Performance of the top holdings in SPY show the non-techs (dashed lines; XOM, UNH, BRK/B) are leading... Techs (solid lines) are not so good. This means either 1) SPY will need to "catch-down" .... or 2) the other 490+ stocks in the SPY must do GREAT to offset all the tech downs Screensho...

brokebybernacke2 wrote:its over people, we are back to fed rescue procedures! https://www.bloomberg.com/news/articles ... securities

australia, canada, now USA next.

its over people, we are back to fed rescue procedures! https://www.bloomberg.com/news/articles ... securities

so much better with quiet Fed. UK was a trial run. Fed has our back again!

bottom call is in. bankers got their fill. Yellen and friends supported bond market right when they needed to..late to the party begins....

jademann wrote:Hard to be bullish when Hong Kong was down 6.5% overnight and only days before another 0.75% increment here..

close your eyes, hold your nose, the world is always burning.

BullBear52x wrote:The auction house theory suggests no buyers on the top. intraday buy fails will confirm that theory. Another messy day. another messy day eh?

bulls know, the fight is here. cant let it go, we get a bit more down from 3700, it shall start a movin down

Simple, bulls need close above 3700. otherwise, more downs. Much 'the low is in" style buying/accumulation in last few weeks, pretty tight range, that support can become tough resistance if it falls. The economic reports esp in labor market are pretty dang strong, dollar continues mission to mo...

BullTart wrote:VIX still not playing along - watch what happens here, this could be an awesome bull trap in the making - if it does break the trendline, then the double top is likely, leading to santa claus time.

Great photo pic.

it's Saul Goodman folks, Dems have this under control....

industrial prod tomorrow. lots of sudden bull calls today and at least st bottom calls comin out ,note trend last few months has been shorter duration on the bounces...let see,

BullBear52x wrote:Rising wedge for counter trend.

Bank Earnings tomorrow. bulls need strong close here.