Cobra's Market View

Cobra,

i've never drawn a measured move target before.
Is 975 about right?

is this a top?????
wish i knew

here's what happens when a big guy sells 20K ES contracts...

bloomberg reported a large bearish bet 130,000 QQQ $50.00 puts purchased...
could also be some kind of a hedge...
never know for sure

Everybody who sees SPX charts here and trades ES knows that, right? If I show SPX charts I certainly ain't going to write about ES support levels. I never mention ES, I never mention SPY. Don't want to confuse. uempel Posts: 1020Joined: Tue Feb 15, 2011 4:38 am SPX figures are worthless, i never us...

CNBC says 1120 and buyers should come in FWIW Traders on bloomberg have said the same thing, watch out below if 1120 doesn't hold, we're at 1118 at this moment.... traders mostly use ES figures for support.... for TV they'll sometimes convert it to $SPX amounts. there's a 6pt. spread now.... funny ...

johnnywa wrote:CNBC says 1120 and buyers should come in FWIW

Traders on bloomberg have said the same thing,
watch out below if 1120 doesn't hold,
we're at 1118 at this moment....

Going back to the SP500's inception, with this strategy you would be up 172.62 % on your initial investment, and 54.55% probability of winning trades. Thx for sharing i've got some trading software that automaticcally measures the angle of the cross of the 2 moving averages to improve win-rate. nar...

heavenskrow wrote:
Going back to the SP500's inception, with this strategy you would be up 172.62 % on your initial investment, and 54.55% probability of winning trades.

Thx for sharing
i've played around with the 10 X 80 ma crosses....
and i feel it needs additional indicators to improve it's profitability

No action, instead of umping around SPX is resting on the lower band of monthly BB 13/1: SPX6.png your bol bands are screwed-up. the chart below shows chaikin osc below zero CCI below zero money flow below zero.... we're trading way below both ma's the (9 and 18) how are your wedgies working for yo...

As painful as it was, I spent all of last week adding TVIX (long VIX) positions through the rise of the market. This was done in the anticipation of the 10/80 weekly SMA crossover. We now have a confirmed cross over on the ES. I am fully deployed long TVIX as of last Friday. Now that we have the cr...

close above 1214?

never in a million years......

Tehehe ---- however the market could change my mind in the next 5 minutes

(correction some here are thinking $SPX points and i'm thinking ES e-mini pts)
now 6 pts. diff

it all depends on one's perspective,
i trade my indicators not patterns
this chart is bearish, shows the last 2 days

bushwaffle wrote:What way and why... do most people here trade SPY? ES, SSO, Options...?

i trade ES and a few stocks, plus I park some money from time to time in TLT...
there are also forex currency traders
everything can be traded if you know what the S&P 500 is doing

The good pupil only speaks to praise the teacher or ask important things. The rest of the time it's better to be quiet, concentrated... and learning. If you disturb teachers with silly things, usually you loose important things. Cobra and all board members are also awesome! Cobra --- thank-you for ...

Don't laugh, - these forks are legit.
the trend can change to bullish and be easily be broken at 1210

SPY Monthly - we crossed back below the 20 SMA. You could easily read this chart as Bullish or Bearish. I don't think we get much below the BB(10,2) so I'm closing my short at 119.50 area. What? I'll take $2 anytime. here's the same monthly chart, there's is nothing bullish about it. but why would ...

silicon_beaver wrote:Boring. likely some/most of them pegged at this level.
FAS 14, max pain 13
FAZ 54, max pain 59. biggest error.
TNA45. max pain 44
TZA41. max pain 40
BGU59, max pain 55, big error.
BGZ38, max pain 40

SPY 121, max pain 125 (interesting)

Thx for sharing!

SPY Monthly - we crossed back below the 20 SMA. You could easily read this chart as Bullish or Bearish. I don't think we get much below the BB(10,2) so I'm closing my short at 119.50 area. What? I'll take $2 anytime. here's the same monthly chart, there's is nothing bullish about it. but why would ...

SPY Monthly - we crossed back below the 20 SMA. You could easily read this chart as Bullish or Bearish. I don't think we get much below the BB(10,2) so I'm closing my short at 119.50 area. What? I'll take $2 anytime. here's the same monthly chart, there's is nothing bullish about it. but why would ...