Cobra's Market View

I would like to see all the markets go 24/7, 7 days a week. Open all the time. IMO it seems to be moving that way. Extended hours. SPY open late and early, for example. Et cetera. Forex and futures are good. But go 7 days, please. Like a 24/7 supermarket. The downside, of course, is that one has a ...

3730 is VOPC for consolidated 12/28 to 01/06 so could be tested if 3742 falls. My VPOC is at 3705 after 3742 Presently trading below Jan 4 open - some veterans (Pax) say the yearly open is significant. My major Vpoc is around 3688 - highest volume traded since beg Nov 2020. Otoh presently price is ...

I would like to see all the markets go 24/7, 7 days a week. Open all the time. IMO it seems to be moving that way. Extended hours. SPY open late and early, for example. Et cetera. Forex and futures are good. But go 7 days, please. Like a 24/7 supermarket. The downside, of course, is that one has a ...

Hope this is useful

So gap fill accomplished - can now resume to repair that poor high and go to excess ATH.

BB52 - sorry last night re charts I was offline by then.

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Another view

Sorry had to take the dog out.

SPX monkey Bar 5 min

... This charts shows where my sell signal triggered. the 5th time so It's an art not a science. when short term market is at over bought/sold, I look for poor high/low to play a reversal. sorry it's on the other computer. if someone can post 5min market profile (Monkey bars on TOS) or any Volume p...

NQ is doing what the ES is supposed to do.

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Profile suggests up once POC at 3225 is breached - then singles from Thursday will be target. Should at least reach the first Fib level around 3236 - of course any sudden news will eliminate this idea.

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Thanks - yes, Kudlow style King Dollar or let it slide - healthy markets would be desirable but I can't see Mnuchin is ok with SPX 2500 prior to November.

Moral hazard is that the GDP is dropping 35%, what will the Fed do this time to get out of this mess? print way more, kill the dollar to under 90, under 85 will not be good for US savers. hyper-inflation ticking time bomb. BB52 - what do you say, do trendlines apply to the USDindex ? If so one shou...

I am not a fundamental guy - but obviously this situation could be an opportunity to actually "invest" for my charities and a little for the grand kids. I watched the vid and the thesis is we run out of land oil storage and need tanker storage. He also says to spread your funds over a few ...

FRO Target + 86 % From 9.67 to 18 + 16.5 % Bermuda Dividend 42 % Margins 125 % Debt/Equity Hi. I see the Point and Figure projection 9.67 to 18 on a stockcharts chart. I like PnF charts also. But can you show the data source for 16.5% dividend, and 42% margins, and 125% debt/equity? Thank you. Some...

FRO Target + 86 % From 9.67 to 18 + 16.5 % Bermuda Dividend 42 % Margins 125 % Debt/Equity Would you consider this as a proxy play on long oil? You have any indication of a time horizon for the target? I realize the situation is fluid right now. I am tempted to try this although the 20 Year chart l...

Based on AMT VolPro indicates a poor low at around 2914
poor lows will be repaired eventually - which would bring price into the y'day mentioned June 18 gap
Just interpreting what I think I have picked up from FT Dalton etc
And I do not have the guts to go short here big style for a 30 point drop
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32 point run up. Logic (or emotion) say short here - the hard trade to do now is go long on this little pullback from new established value at around 3007.

Not touching either

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I was on the right side for my trade of the day, but my stop loss was too tight. Took a small loss and then watched it run straight up. Still learning... I did not pull the trigger on breach of the ONhigh 2997.75, also because same level where market turned down again y'day and I "thought"...

/ES buyers (or algos) found value at ~ 2960 - that's where price was beg of the month so bigger picture this drop is nothing scary - don't think uptrend is broken. Needs to fall below 2880 to trigger concern.
3K still today?
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So /ES 3K is looking like resistance now? Printing July month open ~ 2977- as per my chart stuff 2977 is LiS
There is an unfilled gap June 18 but that would be crazy

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