Cobra's Market View

On ES, my imagined triangle breakout target to 1626 area.

1626.50 to be precise, and hit to the tick. Amazing machines.

One big ass triangle forming on 5 min ES.

Best fake out ever. You have to have a sense of humor to trade this. And be quick, very quick. LOL I bet we go back up, dip buying mentality is in full force and Big Ben didn't say anything surprising... :? Oh I wouldn't be surprised. Just that 5 min bar made me laugh out loud. You're right, Bennie...

Best fake out ever. You have to have a sense of humor to trade this. And be quick, very quick. LOL

If you squint real hard, possible inverted h&s, on 5 min ES.

GUESS the author of the quote of the day: “Today’s complex markets require sophisticated investment techniques that can enhance a traditional portfolio, and bring investors closer to their long term goals.” http://www.howardlindzon.com/thank-you-goldman-sachs/ Thanks, Al. That is pretty funny. I'll...

http://www.youtube.com/watch?v=GqH21LEmfbQ

Watching ES, this song keeps playing in my head.

BullBear52x wrote:look at hourly candles for clear view of why bears may have more than a few handles

Thank you for posting that. Its good to be reminded to look at the higher time frame.

For fun, 3 push up, to time with uempels signal.

ES: Nice IOI reverse at 20 EMA

I should edit that I think that is what it was. Regardless, it traded fine for 8 ticks. I am not greedy.

Mr. T wrote:

quatzl wrote:We are never going up again.

HAHAHAHAHAHH

Had you in mind Mr. T.

Where is champix?

FESX actually made a higher high before collapsing, but the chart looks more intact than ES.

We are never going up again.

Just intraday. I do love gravity. Just not used to seeing it work.

Had to hold my nose and buy that wee pull back on ES. And I am out.

champix wrote:

quatzl wrote:Just curious, anybody here trade FESX?

Yep !

Thanks champix. Just started trading it my late night schedule.

Just curious, anybody here trade FESX?

That should account for inflation. Thanks for the screenshot, uempel.

Bizarro.

They really wanted that gap closed. Sheesh.

Just curious. Do you trade these setups in reverse? From Cobra's breakout list both GEO and ISIS have either triggered or about to. EXP is strong too in the face of 3 red days from the broad markets. i'm in: DAL GEO ISIS KBH S All those have triggered for me. Wow, congratulations! Like I said the ot...