Cobra's Market View

Here's a possibility: I am playing the QQQ's so the same info applies also to the SPX. Open Interest study: approx. 82-83 days, we're on day 79 (See daily chart). I expect one last up move probably Mon. and likely from yet a bit lower low. Presently 14 days til March options expiration and I will ex...

Opted for Out EFA. made $.42 on 7 contracts (TOS/TD +$294 - in/out $30.5). less weekend worry.

Del, Call me 'frustrated bear'. Overbearing Bear makes up trades go very against my $ making ability. Bear is because this is true state of our financial (moral/global corporate messy) real world. 60 years of marginal un-doctrinal confusion coming out of Vatican. Data, media is skewed. So, a little ...

Well, just maybe, worth a try. Wolfewave stuff: My guess we're in final wave 5 down on this move. It may double bottom or otherwise target is around SPY 197.5ish. The purple lines are connect dots of 1 and 4 on down trend for target up. If that establishes the 'Racer' HnS pattern it is also neckline...

Fed ignite. disgusting. For prudence sake, another WolfeWave X hit today. The just previous one, indicators were very weak but price went on up. Checked World Indices today pre-market and they all were up. Must be a new World Bank memo accord. The rule on the wolfewave is when connecting downtrend w...

Honk,Beep, approaching VWAP of this down channel. A ways back I studied this trader who did very well on going long ('cept in very bearish market) on 3rd down touch of bottom trend line. Just a gut feeling I think the # III will be 3rd touch (as opposed to the #3 -see chart) but if price manages to ...

NAFTA + GATA = GAFTA. All border crossers today take 1st train to somewhere inbetween. So, if, just maybe, this here very bear clan me can even find a bull possibility, here it is: Sometimes, a wolfe wave count in downtrend can provide next upswing target (in light purple) Add to that spaghetti Al's...

If not very reliant memory serves, it seems to me that the last few Yellen FOMC days, the before Yellen pattern of ABC has changed. Where the quickie A used to be the true direction, now B is it. Anyone else observed this?

Good stuff: Daniel-markets are feeling for direction Cobra-leggy bull creepy MA's 'n RSI's fehro 'n DellG Obviously market not feeling all that confident and this 2 hr chart on a tick chart for today would make me want to short but as teetertotters go I thunk market wants to grind up yet at least in...

ES 2hour chart, showing in pink ovals black doji's which on any time frame signify directional change. It is more prominent on the ES than on the YM. Gut feeling that a few topping days will take place for this new high to give way but a short here and hold for swing trade down when it begins should...

Out of Bounds wrote:It's hard to lose a pet. I don't think I will get another one. Too many times.

First bugging Cobra about the arrows you made me laugh and now some tears. I'm getting to like Aussies. Keep it up.

Long,lost Auole. When dog died I couldn't trade. Back at it with a few successful i-day trades. So, here's a view of that nice gray chart with a daily view and a tick view -/ES. Whereas I took a short at EOD yest. do not plan to today. Sort of think-thunk there might be a little better entry mañana ...

Out of Bounds wrote:true fact: vodka and rum are acceptable on a low carb diet!
27 pounds off since december - back to my Army weight. Somehow though it all has moved a bit.

Did my 1st forest wood gathering yest...thought I'd faint.

While market is just doodling, I harvested a few quotes for y'all. Really though you here are my favorite daytrading comics.: Armstrongeconomics: One of our Texan readers reminds us about the Mexican Independence was indeed – a Sovereign Debt Default. “Monday was Cinco de Mayo which Texans celebrate...

I missed this 1st move but did read last night where GoldmanSachs tooted the miners, though /GC, /SI is not all that positive yet. The background indicator is TRIX. I will be looking for that next higher low on it before buying calls on GDX.

This is in part a CoryRosemblum study (et.al.). Looking ominous for a near future (mañana¿) down move.

very well camoflaged Easter egg. No EOD upvolume?! Blessings to you all on this Easter. Keep your hearts on where the Son truly is Risen.

Yah, ugly gray chart, but it's just one way I read and like on these moves how the double Sto reads. YM very similar to the ES. says top here. Note all the indicator lower highs. the upvol is moving up but just barely. Per traderMoe fellow am noting the small megaph formation and its counts. ymce10m...

An Upvol DownVol study.
Will post in a bitminutes later marking this as the high of this move but I think iffy if only cuz we're going into Easter holiday. not that this lovely new global financial gig is anything much Christian.

To whom are you sending this salutation to? To me? This is not my question. Al, I do not know the answer to your ?. It's just in general. At this junction I believe that everyone's input has some validity. Short, Long, just go split some wood and work on most unarchitecturally unengineered greenhou...