Cobra's Market View

Tick low 1404 ...

"Urban Carmel ‏@ukarlewitz

There’s been 3 ticks that low in 2015 and $SPX made lower lows in the next few days. Small sample but there you go"

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Cobra wrote:mini rebound target. exceeds it then probably low was in for today.

and we have Bullard still taking for 20 minutes - he could trigger the algo buy button

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daytradingES wrote:carnage continues

will US govt come in with buying a hockey stick today?

only the manipulators know for sure and the boys they trade through (GS?)

Surprised that Bullard didn't drop a few choice words yet ...
if price has memory we might be approaching the Jan / Feb 1985 DB level

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The FED thinks everything is in place for a rate hike EXCEPT inflation which the FED wants to see rising toward 2% and it is NOT. So we’d better keep an eye on “TIPS”, and the largest ETF for “inflation expectations” is TIP. TIP is inversely correlating with $TNX, the benchmark 10yr treasury yield/...

MrMiyagi wrote:
I only keep track of what shows up on my platform, so just the intraday stuff.

Ok, Thank You

MrMiyagi wrote:

1448.png

MrMiyagi, you consider today's premarket SPY at 9:20 am EST Candle Low 208.01 as a valid pbar? Thx
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Demand is still there, GTA population has increased in last 25 years from 4.5 mil. To 6.5 mil, and with all this wars and refugees population will continue growing. " wars and refugees population " realistically hardly potential buyers any time soon. Estimated 80K Chinese in the waiting p...

Junior Buffett wrote:

Sure Housing is not anymore easy money after the recent 6 years crazy run in prices..

Isn't that the same with our stock market? Charts look very similar..