Cobra's Market View

GM Cobra!

Thanks for not blacking out your site in protest of SOPA; although I do pray you oppose it.

GM Cobra! Hope the holidays and new year were good. Are you looking at this ascending triangle? Does it have any validity? 2 points touch on the high doesn't make an valid Ascending Triangle yet, so we can only see there're some chances but not yet. Thanks Cobra, it seems if we 3 push-up like you m...

Good Morning All Here are the internals on a DAILY chart It looks to me like SPY has formed an ascending triangle pattern. Also, to conserve real estate I put DBV (gold area) behind the cumulative $NYAD, and mmmmm… http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=0&mn=7&dy=0&id=p0683...

GM Cobra! Hope the holidays and new year were good.

Are you looking at this ascending triangle? Does it have any validity?

p-bars know all?

Cobra wrote:hey, you guys noticed the forum is pretty slow now? I checked, not many people online at the same time, what's going on?

Everyone is on vacation until Friday

another p-bar fill and two more to the upside. I'm willing to bet we fill those before EOD

Gotta love the p-bars. Who thinks we'll fill the last one as well?

Me XMan wrote:Now what your chart is saying.

rhapsody1447 wrote:Bearish break out of intraday triangle. I'd target the bottom of the p-bar at 12pm

Haha yah completely reversed almost instantly. Nevermind

Bearish break out of intraday triangle. I'd target the bottom of the p-bar at 12pm

GM Cobra

Looks like today will be that final third push up? Are you looking for a breakout/breakdown afterwards or is that confirmation of a short-term top?

Great thanks for the update. Usually I have a lot of faith in p-bars but I'm pretty bearish for monday. Maybe an open at the top of the p-bar and then down? It seems like the move in the futures retraced back right after the close and then fell off. I know a lot of people here are big on p-bars so I...

Thanks. But I'm sure people won't find similar stuff else where. And my site is already large enough, I've tried to use commercial only for many years, that doesn't help. I don't know what your business mean? In which way you could get something in return? I haven't found any blogs that compete wit...

Anyone got some color on this high volume P-bar at the close?

Anyone know if there is any significance that there are two gaps (first down, now up) around the same price level (120ish-122) on the SPYs? Does this make it more likely the gap will be filled or less?

I think the LOD may be in. Wouldn't be surprised to see a small rebound.

Would to see your chart analysis on your bandwith. You should be able to predict it's next move and get short/long server space

Excellent chart last night Cobra. One of your best. I'm trying to replicate it myself, are your charts only able to be made with a membership to stockcharts?

chodaboy19 wrote:p-bar $126.13

Came here to say this. I'm showing two large ones up to $126.13 on 1m/5m/10m charts.

SPY finally broke out of the channel I had drawn going back to 10/10.