Cobra's Market View

Richarab wrote:

rocket wrote:Asad should be making a lot of money in this mkt.

If assad took a massive short position and then launched a gas attack.. Would that be insider trading?

Asad should be making a lot of money in this mkt.

•SENATE PANEL AUTHORIZES LIMITED U.S. MILITARY STRIKE IN SYRIA
Vote breakdown: 10 Yes; 7 No; 1 Present. Next up:

•FULL U.S. SENATE TO CONSIDER SYRIA RESOLUTION NEXT WEEK

gappy wrote:

rocket wrote:IWM; C&H setup, with $102.25 being the neckline?

Too much "v" Rocket?

cup.PNG

Yes, Gappy, fits more the description for a "V-Cup".

IWM; C&H setup, with $102.25 being the neckline?

rocket wrote:Is the NYMO/VIX Equities buy set up being triggerred today?

Good timing Cobra. Just saw your update.

Is the NYMO/VIX Equities buy set up being triggerred today?

Well, talk of tapering QE is increasing. Now it's the San Francisco Fed Chief John Williams : •WILLIAMS SAYS FED MAY REDUCE QE IN SUMMER, HALT BY YEAR END •WILLIAMS: UNEMPLOYMENT WON'T FALL BELOW 6.5% UNTIL MID-2015 •WILLIAMS SAYS SLOWING QE WOULDN'T MEAN TIGHTENING IN POLICY This can be one of thos...

This must be a dream. Somebody wake me up!

NYMO is almost flat from Friday, usually an indication of a big move within a few days.

Intraday NYMO, anybody? Thnx.

Being so close to it, I believe we will tag the SPY pbar from yesterday at $159.75..

Closest Pbar from yesterday for SPY is $158.48.

MrMiyagi wrote:

1009.png

Do not forget the OCD bots. I think they will try to tag the exact number.

IWM pbar hit this morning ($93.63), SPY still exists at $158.83.

flrtrader wrote:Thoughts on longs from 36?

I would keep it until at least above 1550 ES. Today might be that big squeeze day.

Cobra wrote:possible MM target. not enough time for today guess.

You never know. Especially when it is Friday and the target is to the upside. We've seen very wild swings lately to the upside even in the last one minute to the close.

Cobra, C&H on 5 min? If it breaks here target would be 1588 for ES?

My take on ES. Finish 3 around 1595, then go down to mid 1580s for 4 and go to 1615-1620 for the final 5th wave.

billrider321 wrote:MR Miyagi,

Can you please post the Pbars for last 5 days in a screen. Last one on IWM had quite a down move.
Appreciate your help.

Bill

I think we have SPY $156.89 FROM LAST WEEK.