Cobra's Market View

It's swinging, ups and downs, a while from March.
IMO, eventually this market will crash since I saw a kind of topping signal.

$VIX maxpain remains stable but options value increases (higher bars).

Cobra wrote:morning hourly black bar.

Will see if the gain gone eventually

Thanks!
s NUGT. hope the FOMC makes GLD down further.

Al_Dente wrote:Pending home sales reported very bullish: 3.4% vs estimates near 1%

busy week:

4_27calendar.png

After new high (ES1867), then 30's pts pullback. then HH.

This pattern repeats again and again.

That's over 200 pts movement. Thanks Xian. Hi everyone, Thought I'd interrupt your regularly scheduled programing of excellent charts and analysis to bring you something completely worthless. Here's a brief timeline of events last time Russia decided part of someone else's country was actually their...

If SPX down 20 pts,

then XIV $29 or lower.
UVXY $80 or higher.

This down leg is too powerful. over 10 pts.

Just cancelled my ES1860 buy setup. not much time to today's trip.

BullBear52x wrote:intraday, next buy set up at 1860.5 on /ES

true.

bio-sector ticks on my radar are red, almost all red now.
could be Friday factor.

Out of Bounds wrote:IBB Biotech ETF is collapsing

silicon_beaver wrote:1:30pm. lunch hour should be over. MM should start.

Wow, MM came back and pull it down.

FYI.
VIX Option Maxpain 2014-3-018. X-axis point =7. Maxpain = 16

Exit at ES1866. even. no gain.
really boring Friday.

1:30pm. lunch hour should be over. MM should start.

Waiting for MM coming back after lunch time. Now just slow.

the 看顶 indicator is over 4.11. almost 2nd highest in last three years. Is that due to OE week?

Limit stops are for suckers because MMs will crush you if you're a day trader. So if you have the time to monitor, then manual stops at market prices are the best IMHO. As individual trader, I use manual stops. But most time, limit order. I put in an order at my target, then hit cancel/replace and ...

Unique wrote: Limit stops are for suckers because MMs will crush you if you're a day trader. So if you have the time to monitor, then manual stops at market prices are the best IMHO.

As individual trader, I use manual stops. But most time, limit order.

Xian wrote:Good morning all!

3. Classic blunders: Never get involved in a land war in Asia, and only slightly less well known is this: Never fuck with Russian gangsters when money is on the line.

This one funny.

Cobra wrote:not a valid breakout on ES yet, wait. I still prefer a little consolidation here.

As long as not lower than ES 1538. Bull still has a chance.