Cobra's Market View

anyone still holding H3 long? Looks not strong enough? I'm shaking...

[quote="koolblue"][/quote]

Hmm, seems, displaying link is not that good as on my small monitor, the image is cut.

ddd wrote:Take a look at the $rut.

Pretty strong!

Dow Trader wrote:Check the daily MACD in VIX if it closed above 16.80 today, it will close above the zero line

Hi, welcome, but it's a wrong thread, nobody is here. Try 02/17 thread...

Anyone thinking about H3 long here? Just curious...

shumushu wrote:breadth are strong, aapl and the nasdaq is not making new highs today. Very strange.

When did you get in on your long cobra? At the morning gap down?

Just to follow signal, nothing special.

Some support here.

EvilTrader wrote:I don´t know, but failing to convincingly take the highs should be bearish.

A strong push up like this would be at least 3 legs, now we're on the 2nd leg.

A little consolidation is welcome here. Rember the market simply won't crash if VIX keeps going high while the market is up.

Well, I'm much reliefed as I partial out at the high. My morning buy stop was filled almost at the highest point of the day far far above my buy stop price, such kind of thing happens rarely but sometimes it does happen!

Told you. Now let's watch yesterday's high, how market tests there.

I'd say this kind of consolidation doesn't look bearish though.

Nothing to say. A boring range day, we need know where the range high is first.
A little bigger picture, well, nothing, still in wedge if you still hope this is a wedge.

Possible 2 bar reversal, careful.

ContangoKid wrote:Cobra - Given your recent comments, have you spent any time looking into the mechanics of your ST Model and identified how it can be improved?

Need time.

A little overnight high resistance here.

Anyone know why CL april contract rose huge while CL March contract doesn't move at all?

cletus wrote:What is going on with the VIX? LOL!!!

Just a common rule: before a real correction, the VIX may one day suddenly collapse (kind like everyone gives up). For now, VIX is simply too high.

Just remember this chart, ES is pretty much above an important support.

Opening, initial support/resistance etc etc.