Cobra's Market View

Thankyou

Cobra looking at seasonality are the first 2 days after Memorial day bearish

johnnywa wrote:

te_fern wrote:Smalls has started to go sideways...

Stoch on daily at 20,will this be a buy with the qqqs @90

Stoch on qqq's 99 not 90

te_fern wrote:Smalls has started to go sideways...

Stoch on daily at 20,will this be a buy with the qqqs @90

Cobra wrote:apparently bears are over again. I just went out for a 15 min meeting then bears were over!

Yup thats,the new norm now just baby bear farts

Was that just a bear fart and now back up?

Can we break 1380 on rut?

What time zone is this site,it appears to be 3 hours ahead of eastern time

Cobra wrote:

johnnywa wrote:What time is the vote today?

4:45 pm official vote

Thankyou Cobra what's your take on vote

What time is the vote today?

No vote tonight,now what for tomorrow???????????????????????????????

Market waiting for health care vote?

Maybe one last breath down tomorrow on vote then back up

thankyou

Trades with cats wrote:TF 1406 was the first pullback support this morning and it is holding for now.

What does TF stand for?

/ES sell anything under 41 SPX 5 dma is level to watch. Urban Camel tweeting this morning that market needs weaken before it can reverse. He wants to see a close below 5 day to confirm av reverse in direction. (classic theory I think). So looking to see closes below the daily pivot then the big one...

Cobra wrote:exceeded 100% mm, ok, hopefully bear still has one more leg.

Bear dead

SPX 2338 key.. channel on the 15m. 7days.. it breaks look for a possible fast 5 point drop to 2330.. then open gap 2322-2318 next. SPX/IWM much lower then = outside reversal daily… mind yLODs Mind possible H&S on SPX 5m .. weak bounce 2338 neckline .. target 2228 Down move probably done..green ...

Have parachute

These days 1st 30 minutes red,next 6 hours green.