Cobra's Market View

Cobra, what is your view on Oil? UCO? It is once in a life time like event in Oil market..Do you have any suggestion on how to play this market? Thanks

PUMP IT PUMP IT....

Donald J. Trump

@realDonaldTrump
Major News Conference tonight, the White House at 6:00 P.M. (Eastern), to explain Guidelines for OPENING UP AMERICA AGAIN!

2:18 PM · Apr 16, 2020·Twitter for iPhone

While I was busy social-distancing all the pencils on my desk, coolbiz went subscription only, dammm :evil: I have followed him for a long time and found him to be very edgy in terms of direction..he is good for day traders not for investors who have focus on little longer than day time frame. I al...

[Chart from Leuthold Group, re-tweeted by Business Insider and Jesse Felder] 414comparing bears.png.png I know it’s questionable to compare 2020 to previous crashes, but I was captivated by the three charts above, and attempted to recreate them (approximately) using today’s market. So, Grain-Of-Sal...

back to old good days...up up and more up! hahaha

. Here is a very bullish EW count (see charts at link): UG Stock Market Analysis, LLC@PUGStockMarket The 17-month long Cycle 2 (C2) cyclical bear market is very near an end at 2192 (50% Fib at 2031). The Cycle 3 (C3) cyclical bull market that emerges will last more than a decade and carry the SP500...

. Here is a very bullish EW count (see charts at link): UG Stock Market Analysis, LLC@PUGStockMarket The 17-month long Cycle 2 (C2) cyclical bear market is very near an end at 2192 (50% Fib at 2031). The Cycle 3 (C3) cyclical bull market that emerges will last more than a decade and carry the SP500...

BullTart wrote:The vote DID NOT PASS again!!

Is it possible that all senators wants some lower prices so they can buy what they sold at the TOP? We may reach that price lower today and tonight they going to pass the BILL for a nice ride to the SKY!!!

Cobra wrote:Members only update at 12:08 pm
http://www.cobrasmarketview.com/2020/03 ... ay-update/

Its getting real scary now. FED was the last hope for this market to turn around and it looks like, everything is going into the sink!

Al_Dente wrote:

Junior Buffett wrote:.......looks like it is really breaking down now..I have 2390 as my entry point from bottom for reentering within ascending triangle.

All of our old friends are coming back....
WELCOME BACK

thank you boss..yes bottom sniffing!

Made it back into the ascending triangle within time... looks like that was fakeout to shake the longs out and snap up all the stops before heading back up... now let's see if we make it back up to the top of the triangle looks like it is really breaking down now..I have 2390 as my entry point from...

fehro wrote:

fehro wrote:

fehro wrote:possible invs H&S.. or green triangle.. too early yet

grinding up .. mind yGAP …. 2740 major resistance.. "should" stall

mind the yellow wedge for some short term choppiness

Fehro, Is there any brick wall as a hope for Yesterday Bear? What price you will drop the towel on Bear?

It is very surprising that when I Google " China Tarrif news" there is absolutely zero news item for today...all the news line items shows from early morning June 19th or before....I can't imagine that no one is talking about this issue!

Cobra,

When we open the page there are advertise video start playing at the top of page.

How can we stop? it's very annoying.

Thanks

K447 wrote:

Junior Buffett wrote:...no hush on any media outlet...

No hush?

hush I meant...not "no hush"

It is very surprising how media is manipulating minds of people...just less than a week ago there was big fear of Spain, trade tariffs and what not and fast forward today, everything is calm and smooth...no hush on any media outlet...till G7 finish their nice wine and dinner!

fehro wrote:buckle up for the summer…. VIX >20d/50d/200d/20w/50w/200w

Fehro, your VIX target will reach by EOD tomorrow...already up 31%..does anyone knows why? are we going to get some news tonight?

Al_Dente wrote:Memorial Day Trading: Bullish Day After
http://jeffhirsch.tumblr.com/post/17424 ... -day-after

I would say 50-50..dont you think?

Trump the great turn around again...NK meeting cancelled



I am also hearing that there will be big tariff on car import..which makes sense with his comment couple of days ago to autoworkers that he has a big pleasant surprise for them!

fehro wrote:

Trades with cats wrote:Half an hour trapped between yesterday's close and the Daily Pivot, a two point range in the ES.

still early..triangle for more chop fwiw

I don't know why but VIX is still weak and RED...I would have liked green color on VIX..dont know why