Cobra's Market View

SigmaEcho wrote:Dax up over 5% from yesterday low. rip coming?

6.5% now

Dax up over 5% from yesterday low. rip coming?

Junior Buffett wrote:Poor Blackberry saw daylight today!

Soon to be Samsung?

one for the books.

via Kimble

K447 wrote:

SigmaEcho wrote:paging mrMyagi ...

Do you have a block trade to match that?

https://twitter.com/nanexllc/status/545240972117159936

chetas wrote:

SigmaEcho wrote:paging mrMyagi ...

is that a P-bar, or you just drew it )) OMG , but i do not see in my IB trader.

copyright

http://stocktwits.com/message/30352327

paging mrMyagi ...

champix wrote:

champix wrote:Europe once again on fire... thanks to European QE rumors.
Does Dax will lead SPI ? DO not know, but 4% difference between dax and SPI return last 4 days.

ok, we have the answer...

europe just catching up?
http://stockcharts.com/h-sc/ui?s=SPY&p= ... 1181671048

Cobra wrote:a little late than I thought but still it's higher low. don't tell me NFP day will close green again 15 of the last 16 times!

What happened to the NFP open high/close low vv pattern

Cobra wrote:so far no direction. wait.

When in doubt, buy the dip ?

Ellipses on the daily SPX suggest: support 1804, good resistance up at 1819, a time signal for tomorrow or Wednesday (check the dashed red vertical, looks like Wednesday, right?) 90.png good spot for the SPX year R4 pivot @ 1818 ("In the past 42 years, since 1970, the yearly R4 pivot has been ...

dax still feeling very strong

Cobra wrote:I'll give bears a little more time, must push hard here, otherwise game over.

seems like algo's need their fix at SPX yearly R4 (!) pivot

"The yearly R4 pivot is at $182. Since 1970, the $SPX has gone up to the Yearly R4 pivot only 4x. 3 of the 4x it was the HOY('80,87,89)"

Cobra wrote:now probably safe to say this bear may have legs. as long as today could close in red, bears are ok.

bullish Bearish engulfing?

Fdax looks like bull flag

Cobra wrote:we're here.

eurostoxx50 almost like yesterday never happened. so i guess spx bullish friday erase some more red

Looking at that steep green channel and thinking of all the buying going on - my guess is always that it's either A) machines or B) some huge funds which don't want to tell their investors that they missed out. I can't imagine somebody else playing the long side now without waiting for a correction...

DAX new highs today.

SPX running stops first?

Cobra wrote:we are here.

IH&S forming?

uempel wrote:I was expecting a reversal today: I had a time signal of the daily. But the "big move" was an acceleration to the downside

59.png

perhaps day not over ?

Cobra wrote:breakout would be double bottom, target galaxy far far away. I'd prefer a little consolidation here first otherwise the breakout most likely would be fake.

Copper down 1.4%
Dax going nowhere.

Prob. more down first ?