Cobra's Market View

Al_Dente wrote:VIX is up 38%
now up 40%

End of Jan witnessed an up of ~60% one a single day for Vix. Today is nothing compared to that

ES daily, Bearish engulfing so far. Remember Bearish Engulfing actually implies good up chance the next day. Can someone help confirm this? Seems indeed so, as shown in "12/18/2020 Market Outlook (Bearish Engulfing)". Benefits of doing good homework with a good master teacher Cobra :) I t...

ES daily, Bearish engulfing so far. Remember Bearish Engulfing actually implies good up chance the next day. Can someone help confirm this? Seems indeed so, as shown in "12/18/2020 Market Outlook (Bearish Engulfing)". Benefits of doing good homework with a good master teacher Cobra :)

BullBear52x wrote:ES daily, Bearish engulfing so far.

Remember Bearish Engulfing actually implies good up chance the next day. Can someone help confirm this?

:lol: Dear Dr., don't you feel/realize politics is the tip of the dessert for the game of stock trading ;) I am confident we all will feel the impact of the revolution on our trading life soon :P Believe it or not, the biggest win in the past few years is probably the awakening of the people. The gi...

Believe it or not, the biggest win in the past few years is probably the awakening of the people. The giants also realize this and they have been getting ready for the next battle, which will likely be the cruelest one ever experienced in the human history, exceeding the scale (at least from # of de...

Thanks for sharing... Time for a big revolution to resolve all the issues accumulated over end of WWII, isn't it? :) One personal story from a GME “trader”: “This is for you, Dad. I remember when the housing collapse sent a torpedo through my family. My father's concrete company collapsed almost ove...

Indeed a range day. So, it is the time for relaxing.

Based on QQQ/vix, an uptrend day seems not impossible... Actually a mini ATH could be in the card (until tomorrow morning) :lol: Well, it has to be a range day because my mom has an eye surgery today, I'll need drive her to hospital. The market cannot move without me. Understood? :mrgreen: Best wis...

Based on QQQ/vix, an uptrend day seems not impossible... Actually a mini ATH could be in the card (until tomorrow morning)

The reversal from MA200 for INDU and NYA are powerful. Seems ATH and more is just a matter of time. Peace!

Wrong chart posted. Here is the 5 min chart. Broke below the tiny triangle and then backtesting the neckline. Anyway it could be boring until the closing anyway...

Indeed rebounded up to 12400 again, but now it has just reversed down to the triangle lower boundary...

Could indeed be another boring small down day. Before the green cycled area is tested at least once later today or next few days, Bears won't give up... :) Almost reached the green cycled area but MM seems trying to build a higher low (double-bottom) pattern, that could last the end of the day. Lik...

INDU barely stops at MA200... Now it is the gambling time... Will it reverse up from here, or it will break below it soon? Maybe MM will leave the answer for people to contemplate over the weekend

MM seems working hard this morning to reach the target area...

Could indeed be another boring small down day. Before the green cycled area is tested at least once later today or next few days, Bears won't give up...

Day 4 for Bears' party. Some consolidation is needed here, similarly as Tuesday. Likely a boring range day.

Vix has reached up to the 38-44 target. If exceeding 44.xx, next range could be 61-69. Peace

NYA gap easily go filled. Next natural target would be MA200, as mentioned on Monday.