Cobra's Market View

Short 2190 in a rather large way.

Careful. could break out or down.

Mesmerized by the DRYS craziness. Resumes at 10:30.

Trainwreck.

Again, the volume should be watched

Watching volume carefully

Bulls getting a little volume going here

/NQ showing its first sign of weakness.

Worth watching

$NYLOW (NYSE new lows 1yr) yesterday close @ 315 according to TOS

Looks like the election enthusiasm has waned.

Got a sell signal
S&P moved up 5 points
THEN I got a buy signal.

I'm not trading today but I'm sure I would have been angry.

Just got a sell signal

Relevant lines

Looks like a short at 2129 but I am not going in.

Watching. I'm not going to take any longs at all today after that needle down overnight.
Today is a good day to scalp and avoid any real commitments.

Also, I'm a bit hungover

Relevant lines after crazy overnight.

Out of Bounds wrote:Short 2037.75

A bit overextended I think.

I think this is still a good position but the crazy train is starting and I don't want to be on the wrong side.


Closed 2134.75

Short 2037.75

A bit overextended I think.

fehro wrote:

Out of Bounds wrote:Relevant lines for today

minor H&S in there… measure move 2116.50 SPX

Thank, I see it now. Seems to be playing out.