Cobra's Market View

XLE: Target on daily. Pre-market low (so far) 78.83.

Out of Bounds wrote:Cobra, what is your rule on a black bar at opening? I can not find it. Or am I on a wild goose chase?

http://stockcharts.com/public/1684859/c ... /286407830;

SPY: 162.73 spike w/7.5 million shares traded at close (if I read that correctly).

Look at the 1st and coming second sell on mid to long term, now you know the 1st sell already at the beach somewhere, now the second sell group is going to hit the beach, only will they come back safe? the first group looking double good :lol: What is your bottom signals? Thanks, ST RSI, I got all ...

$RMZ looks to be running a little ahead of others today...no idea what it means.

Unique wrote:

Apple wrote:Consolidation then breakout, not bad, the 100% MM target is 1645.75, in theory of course.

Hit to the penny...yikes!

Not hit yet

Mea Culpa...I was looking at the wrong index Can one recall a "Yikes!"?

Consolidation then breakout, not bad, the 100% MM target is 1645.75, in theory of course.[/quote]

Hit to the penny...yikes!

SPY: Pre-market

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MrMiyagi wrote:

1155.png

164.91

Al_Dente wrote:Yup……this is soooooooooo “easy”………NOT………

Here’s my new band: “Al Dente and The Trend Followers”

trend followers.png

Al_Dente wrote:CNBC mentioned a big MSCI “rebalance” tomorrow
Anyone??

http://www.foxbusiness.com/news/2013/05 ... d-indices/

New Target for XLE is $85.05.

thanks uemp :mrgreen: btw: GS “…said the U.S. stock-market rally may last at least another 2 1/2 years, sending the ...SPX... up 26 percent to 2,100.” http://www.bloomberg.com/news/2013-05-21/s-p-500-may-reach-2-100-as-gains-last-through-2015-goldman-says.html They are out in force pre-Ben FOMC mem...

Al_Dente wrote:FOMC member Bullard is supposed to be speaking somewhere, now
Anyone have link?

is this it? http://research.stlouisfed.org/econ/bul ... 3Final.pdf

I guess it was not so hard to believe after all ...there's the new upside target (for now)

toddymc wrote: AAPL Bear Flag.. more evidence of topping pattern

I think...start of new significant trend up...but what do I know

anyone with thoughts on USO? my calls are up over 100% and i'm feeling greedy and wondering if this monster triangle since early 2012 might be broken. Several unfilled gaps above and only one below...fwiw, 35.6 is likely as it zzz's up to bbx's magic 42...but first imho has to break 34.1 to 34.5 re...

Tutti wrote:...and lnkd down 10% a/h's. whoops.

...and aapl down to 438.59 at 4:20...

Anybody else seeing problems again with TDA? YES, Called had to clean out Caush and reboot fixed problem Thanks. Didn't work for me...tech support said they are aware and are working on the problem. Probably related to the fixes to fixes :roll: I found that when the login screen comes up if you hit...