Cobra's Market View

And the longest Hourly OB period for the MIDcaps comes to an end after 27 hourly bars at 2:30pm. It was also the second biggest rally in point terms. Only beaten by a rally in October 2014. 5 of the 6 largest Hourly OB rallies in terms of point gains have now occurred in 2016. :roll: :roll: :roll: T...

Cobra,

As you like records and we are close to a record for the last 7 plus years, here is one for you...

http://www.cobrasmarketview.com/2016/11 ... ay-update/

-D

Nov opex preview is here:

http://www.cobrasmarketview.com/2016/11 ... ay-update/

No strong edge here given the historically unusual occurrences here:

-D

A quick update from Friday's pre employment comment

http://www.cobrasmarketview.com/2016/11 ... ay-update/

Note the point about the relevance of TOMORROW's market direction.

-D

Full November preview is posted here.

http://www.cobrasmarketview.com/2016/11 ... ay-update/

Will we get the pre election rally?



-D

Bummed that I have been focused on the DEAD ES / SPX instead of the RUT

http://www.cobrasmarketview.com/2016/10 ... ay-update/

It happens....

D

Just some perspective on FOMC tops

http://www.cobrasmarketview.com/2016/09 ... ay-update/

Personally, I may be waiting until Cobra highlights some real extremes.

-D

It looks like it will be ALL about next week's FOMC meeting.

http://www.cobrasmarketview.com/2016/09 ... ay-update/

Have a good one,

-D

I have been quiet for a long time due to vacation and more recently as I have re-researched ALL of the elections since 1976. Here is a pre opex week market comment and more importantly the election year pattern http://www.cobrasmarketview.com/2016/09092016-intra-day-update/ Have a good weekend, -D

Here is my July Turning Point Preview

http://www.cobrasmarketview.com/2016/06 ... ay-update/

-D

Quad Opex / Post FOMC post

http://www.cobrasmarketview.com/2016/06 ... ay-update/

There will be a HIGH risk / high reward play here - but it may be from quite a bit lower.

-D

Some relevant info IF the SPX closes down more than 15pts

http://www.cobrasmarketview.com/2016/06 ... ay-update/

It will probably NOT close down 15 now that I am posting,

-D

Here is the June Turning Point Preview

http://www.cobrasmarketview.com/2016/06 ... ay-update/

If it goes as most June's go, it will be fun for traders and more challenging for trend followers.

-D

Memorial Day Turning Point Preview posted here:

http://www.cobrasmarketview.com/2016/05 ... ay-update/

Must admit to being VERY neutral here.

-D

Posted the opex preview here:

http://www.cobrasmarketview.com/2016/05 ... alf-empty/

We are in line with the tendencies....

Bulls should be cautious till tomorrow or next week.

-D

Cobra wrote:100% mm. sorry didn't see it coming.

No need to be sorry.... this is completely out of character for 2016 so far.... WHICH IS GOOD!

Might mean we get a little more volatility......

Beginning of next week could be quite interesting....

-D

this bull shall have legs GREAT call on the 8 hourly bars.... These rallies on the Thursday before opex week have been AMAZING - that is 4 months in a row that they have started between 12 and 3pm and the SPY has NEVER traded lower than any of those lows since Feb.... Thursday, Feb 11th - 181.09 Th...

And we are weaker again on the Thursday before opex week....

http://www.cobrasmarketview.com/2016/05 ... ay-update/

At the link are some thoughts on the bottoming possibility for today, as well as some early May opex period info.

-D

Here are some observations about Friday. http://www.cobrasmarketview.com/2016/05062016-market-outlook-falling-wedge/ If you were bearish and frustrated by Friday's price action, the history from 2007 through Sept 2015 supports your frustation.... End of the week price action has been very impressive...

Hi! Posted the employment preview early this am.... http://www.cobrasmarketview.com/2016/05052016-market-outlook-smaller-double-bottom/ Three things: -We have only traded down through the May employment report once since 2007 - that was in 2012 - that year has some similarities to this year with the...