Cobra's Market View

fehro wrote:

Harapa wrote:

fehro wrote:SPX 15m

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

yes.. but that open gap below it .. is a little scary.. we could slice right through and fill that gap....

SPY $168.60 is the extreme point of return (for today), IMO.

fehro wrote:SPX 15m

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

I expect the gap filled before the close today.

Solar Energy Sector is on a tear lately. Stocks in this group tend to produce 5-10% swings periodically (often not in sync). These stocks tend to follow support/resistance lines well ( which can be used to establish entry exit points). My favorites are:- First Line: CSIQ (was on Cobra's Weekly stock...

I expect limited down side considering my hourly and daily setups are long. BTW, my ST trading setup had issue an exit signal earlier in the day;posted on my blog at 11:00 EST.

YTD return of trading strategies built around this concept*.
SSO/SDS +30%
XIV/VXX +134%
*past performance is not a guarantee of the future.

will be a boring day again yes. I'm short from 1684.25 do you have a trade on? Your expectations are opposite to this proven setup. When "Momentum Meter" rises to +5, ES gained at least 10 points in the past (since 2011). It just rose to +5. To find the details of this setup just do Googl...

Harapa wrote:VIXies as of close of yesterday:
With equity Bulls
A general observation: A gap against VIXies posture is usually filled quickly. So I expect today's gap down filled before the end of the day.

SPY gap filled, as expected.

VIXies as of close of yesterday: With equity Bulls vix term structure.png A general observation: A gap against VIXies posture is usually filled quickly. So I expect today's gap down filled before the end of the day. Do you follow this on a daily as well as 15 min chart as well? Just curious. I do f...

VIXies as of close of yesterday:
With equity Bulls A general observation: A gap against VIXies posture is usually filled quickly. So I expect today's gap down filled before the end of the day.

Actually it happened on 7/12 (on dividend adjusted hourly closing basis). Since then SPY tested the breakout zone and is now headed to the moon!

SP500 return after 2 days of testimony. http://blogs.marketwatch.com/thetell/20 ... needtoknow

uempel wrote:Harapa, a close above 1663 is key...

Harapa wrote:Ignoring VIXies can be very costly.
Happy Trading

vix term structure.png

YTD Performance of VIXies Derived Trading System
SSO/SDS 28%
XIV/VXX 127%

Concur!

Ignoring VIXies can be very costly.
Happy Trading YTD Performance of VIXies Derived Trading System
SSO/SDS 28%
XIV/VXX 127%

Via Bespoke: Another Fed Minutes Freakout? Wednesday, July 10, 2013 at 09:25AM So far in 2013, days where the Fed has released the minutes from a prior meeting have not exactly been positive for the market. The charts below show the intraday trading of the S&P 500 on each of the days where the ...

Via Bespoke: Another Fed Minutes Freakout? Wednesday, July 10, 2013 at 09:25AM So far in 2013, days where the Fed has released the minutes from a prior meeting have not exactly been positive for the market. The charts below show the intraday trading of the S&P 500 on each of the days where the ...

uempel wrote:Resistance in the SPX 1640 area

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Close-up:

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VIXies for the Bulls

uempel wrote:Interesting level

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VIXies are with the Bulls

uempel wrote:Guys, don't forget this chart

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VIXies know!