Cobra's Market View

BullBear52x wrote:I hope you got my point now update: see what's happening next, I am ready to take someone out let it be bulls or bears

Last chance for Bears to show some muscles.

bull can hear the traffics now, he is closer to the road but still can not tell exactly how far/close to the road, the woods is thick, might have to spend another night in the woods. :lol: I see Bull getting ready to charge. Let's see who comes out first :lol: :lol: :lol: BTW, the setup had been lo...

Went to buy near the close of yesterday. The entry was also supported by the hourly setup that I posted yesterday. Here is an updated chart. Price needs to overcome multiple residences before Bulls can declare a victory.

Daniel-David wrote:Let me put on my grannie glasses.

That is what I would have proposed the next
OT, looks like we are near the bottom; look at the bottom setup-prices usually rebound when it gets this low

Right click your mouse to open chart in new tab. This should enlarge the chart. Harapa, I did, I did! Even zoomed in a bit. I meant, price looked about to break thru the lower trendline, but it was a bit hard to see. I understand the need for the size scale-- your charts are info-packed. They are d...

A break above the green trend lines overrides all bottom indicators. Harapa, thanks for the post. The chart is very small, and even enlarged it's unclear.. there are two green trend lines. Which is the one you are referencing-- the lower of the two or the upper? I assume you mean price over both, b...

This explains why this morning's spike in SPY is fading;there was no support from the technicals. A break above the green trend lines overrides all bottom indicators - Price is the King.

is now in cash. YTD return of this setup using SSO/SDS is ~27%

But no body cares ...

ST in cash since yesterday, next buy will present a 2-4% opportunity in SSO. LT, still bullish; no harm done to "Expect a Higher High"

Anyone got a feeling for UCO?? 5th wave up??? Usually fills gaps.... You will be betting against my short UCO :lol: :lol: :lol: I am not familiar with your system, but your "Super Trend" is getting a higher low on lower low in price...?? Possible for a pullback...but also check out Stochs...

Anyone got a feeling for UCO?? 5th wave up??? Usually fills gaps.... You will be betting against my short UCO :lol: :lol: :lol: Harapa the model master see any downward turns for I/T and L/T models at tradingforlife? you've done great work building that up, fwiw At the moment all ST models/setups a...

TraderGirl wrote:Anyone got a feeling for UCO?? 5th wave up??? Usually fills gaps....

You will be betting against my short UCO

Had a good Long in TSL (Enter 6.76- Exit 7.43) . Will go Long again ~ $6.70-6.80
viewtopic.php?f=2&t=1018&p=138423&sid=0 ... 6f#p138423

for extreme counter trend, sure I will, always sell double top ;) but, for trend following I will wait out, what I show is trend following. Actually I am long from 13.07. I think the current down draft from 14.59 was a consolidation after a big run up from ~9.60. I worry about guys like you, who wi...

BullBear52x wrote:

Harapa wrote:BullBear52x
What are your thought on MU?
Thanks.

MU broke out yesterday, some what bullish for new entry wait for a pull back, critical here move on or reverse to sell. Bullish bias atm.

Do you think it will be a double top sell ~ 14.59, if it gets there?

BullBear52x
What are your thought on MU?
Thanks.

MrMiyagi wrote:

1486.png

Today's pBARs on SPY/IWM/QQQ are suggesting a gap fill , which is in line with with my own analysis (even before these pBARs appeared).
viewtopic.php?f=2&t=1018&sd=d&start=20#p138446
This is assuring

PAGING Fehro:
So far as projected.

Harapa wrote:

fehro wrote:SPX 15m

I think the next "dotted purple line" is the rebound target

q2model wrote:A silly question for all of you -- if you short an ETF, let's say SPY, do you have to pay interest on it?

Thanks,

Generally, you will be asked to pay interest on "Hard to Borrow ETFs". SPY is not one of these. However, you will have to pay the dividend if that is paid during your short.