Cobra's Market View

cobra, overall you lean towards more downside next week or you think new highs are in play?

so if we close around these levels, you think we go lower correct? I think touching 50dma by next week is in the cards

cobra, seems like its possible for market to reverse after an up day, I mean you mentioned that usually after such an up day like yesterday its hard for the market to reverse, so new highs should follow, today seems like we might retest the 50dma probably by beginning of nest week

cobra, were you not bearish last night on your report? I was under impression you were looking for more downside

cobra, on a bigger picture, since your non stop model is in sell mode, and since we are retouching the highs again, does it mean to get out of shorts? after such a day as today?

cobra, you still think this rebound will fail and eventually we will go lower? what scenario will change this view? thank you

cobra, thank you for your posts, very appreciated. Any thoughts about Eur/USD? I notice you dont follow currencies here too often. thank you!

cobra you think we rebound from here, or the sell of is too strong to go long?

cobra by two leg pullback you mean we will retouch the lows below 1300? thank you!

cobra you think we go lower from here? the rebound was weak...

hi cobra, what do you think of the action so far? does it support a more bullish trend today, or you think we may retouch the lows today? thanx

cobra, in your opinion what price would be good to short, based on 3rd push up reversal, of course if its to play out? thanx

no offense 99er, but in your graphs you always call for tops for the past few weeks or even months, I think there are stronger forces in place, that no graph can figure it out