Cobra's Market View

Al_Dente wrote:Rare that I see a H&S on the RSI-14
5min
idk

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YEP short-term looks ending diagonalish could/should end this wave then the retrace

Royal Flush wrote:

uempel wrote:Checking the very long term picture ...

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Excellent short uempel. The bulls are trying hard to squeeze all bears who realize that 1863 is a measured move.

I see different MM is it 161.8 of ?something?

uempel wrote:At the mom it look like the move will be to the downside. Somebody might have better info in regard to internals, but my view is that next move is downish...

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Will join you soon mate, we just need a small divergence and thats it

KeiZai wrote:Finally here is what I am watching in SPX http://i.imgur.com/ghnbgfA.png and in DAX http://i.imgur.com/5C57C0l.png

1874 will be critical if it is abc of wave5

Finally here is what I am watching in SPX http://i.imgur.com/ghnbgfA.png and in DAX http://i.imgur.com/5C57C0l.png

Watch XIV I was expecting little deeper pullback http://bbs.cobrasmarketview.com/download/file.php?id=59517&mode=view but this could be actually done here (with triangle as a wave2) and someone may see it also as a inverse HnS (breakout would trigger wave3) so good to keep an eye on this one im...

Watch XIV I was expecting little deeper pullback http://bbs.cobrasmarketview.com/download/file.php?id=59517&mode=view but this could be actually done here (with triangle as a wave2) and someone may see it also as a inverse HnS (breakout would trigger wave3) so good to keep an eye on this one im...

Watch XIV I was expecting little deeper pullback http://bbs.cobrasmarketview.com/download/file.php?id=59517&mode=view but this could be actually done here (with triangle as a wave2) and someone may see it also as a inverse HnS (breakout would trigger wave3) so good to keep an eye on this one imo...

SPX my guess is one more high to complete this leg is missing (bull flag breakout is needed for this "plan")

rhight wrote:SPX 60 min ADX is near 10, that usually means a big move is coming soon, place your bets, and prepare to have your head handed to you

Yeah was watching the same few days ago

http://i.imgur.com/U7LU4nO.png

So far so good what's next HnS trap?

O: viewtopic.php?f=2&t=1211&p=154967#p154967

Sometimes is better to focus on the bigger picture and not focusing on ST pullbacks/OB readings etc...(this is one thing I have to improve going forward :roll: ) In the bigger picture there is no change in my view this thing is going for new highs imo http://bbs.cobrasmarketview.com/viewtopic.php?f=...

Good finally in the wave5 (of impulsive W1) tomorrow should be the "profit taking day" means wave 2 retrace

updtae: viewtopic.php?f=2&t=1208&p=154679#p154679

KeiZai wrote:

BullBear52x wrote:Paging KeiZai San.

VIX ratio.

Good My guess is one more high and then nice retrace I am looking for could take place

SPX:

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DAX:

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and potential short-term ES ABC before a "final" leg up

BullBear52x wrote:Paging KeiZai San.

VIX ratio.

Good My guess is one more high and then nice retrace I am looking for could take place

SPX:
DAX:

I see many people on the web turned bullish yesterday/today and everyone should trade their own plan so there is absolutely nothing wrong with it, but as I am a risk/reward player I don't see a nice bull risk reward (to enter) at these levels (was good at 1750 but not here imo) actually I see a goo...

I see many people on the web turned bullish yesterday/today and everyone should trade their own plan so there is absolutely nothing wrong with it, but as I am a risk/reward player I don't see a nice bull risk reward (to enter) at these levels (was good at 1750 but not here imo) actually I see a good...

You've been warned, it might go up or it might go down :roll: Histogram is about to cross bullish on SPY, not yet on SPX, last stand for da bears. and from looking at RSI, the most it will hit 100 so the upside is limited here :lol: Agree if you are long definitely not a bad place to at least think...

BullBear52x wrote:

KeiZai wrote:

BullBear52x wrote:Paging KeiZai.
don't like telecom. CH need to see positive histogram.

1.PNG

Telecom is shitty so me too

my fast reading got to me again.

Haha no rush check it when you have time don't need to be now

Yesterday, I noticed in a discussion there seemed to be some confusion about TRIN. A little off topic for today, but this is my understanding and I hope this is of some help to a few on the board. There is really no mystery about TRIN, it is well defined and the components of the formula are availa...