Cobra's Market View

Cobra wrote:key time. any time testing the previous extremes, it's key time. bears need show strength here. a decisive breakdown would make a happy snake.

getting close to ...

Russell 60-Min on 10-12.png A few points away and Russell should be ready for the real shorting. See chart. The big boys are playing this rally for all it is worth. Check out the Aroon and the bouncing around at this top. NOTE: You can see divergence on this chart. MACD and Stochastics moving down,...

uempel wrote:Comparison with September 27:

SPX21.png

miro

target reched!
time to pull back!

Cobra wrote:still too stretched, don't think it can sustain. but since the push up is strong, so the very first pullback would fail.

after hr phamton bar could be target of today!

nasa1100 wrote:possible close in green today!

all green now!

possible close in green today!

canada earthquack reported

Spy 123-126

nasa1100 wrote:Having a MAD again...

so, a confirmed bottom finally!

Having a MAD again...

maybe MAD 300+ day!

eco is fine, we do not need QE3!

2 reactors in virginia put offline preventivly

the quak adjust to 5.9 with no physical damage reported but psychological one increasing...

5.8 earthquick hit virginia a few min ago!!

99er wrote:Gee...a Butterfly.
SPX http://99ercharts.blogspot.com/2011/08/spx_8062.html

Vroom.

huge up next...

Cobra wrote:cannot believe the pullbacks we had those days were only one legged. got to test the day's low at least my guess.

L2 coming...

trend line and EMA20 support, still not much to say, the rebound is strong, may go on tomorrow, but still it's just a rebound. So you don't think the short term trend has changed? You would say it's "not clear" tonight? short-term is up. if range a while , tomorrow may reverse all gain of...

Cobra wrote:rising wedge resistance.

hi, cobra:
another MAD after MDD, the rule still working?