Cobra's Market View

Some charts...

SPX http://99ercharts.blogspot.com/2011/08/spx_2913.html
SPX http://99ercharts.blogspot.com/2011/08/spx_20.html
RUT http://99ercharts.blogspot.com/2011/08/rut_20.html
Gold http://99ercharts.blogspot.com/2011/08/gold_20.html
Silver http://99ercharts.blogspot.com/2011/08/silver_20.html
Copper http://99ercharts.blogspot.com/2011/08/copper_20.html
Crude http://99ercharts.blogspot.com/2011/08/crude_20.html
30-Year http://99ercharts.blogspot.com/2011/08/30y_20.html

Have a nice weekend!

A few more...

ES http://99ercharts.blogspot.com/2011/08/es_20.html
YM http://99ercharts.blogspot.com/2011/08/ym_20.html
AUDJPY http://99ercharts.blogspot.com/2011/08/audjpy_20.html
EURJPY http://99ercharts.blogspot.com/2011/08/eurjpy_20.html
EURUSD http://99ercharts.blogspot.com/2011/08/eurusd_20.html

And that's all Honey wrote!

UPRO: Friday in retrospect.
The midday gyrations resulted in a triple SELL signal, which was reinforced before close.

Two Leaders

BKX http://99ercharts.blogspot.com/2011/08/bkx_21.html
COMP http://99ercharts.blogspot.com/2011/08/comp.html

Ichimoku Clouds: Kumo Break

http://www.zerohedge.com/sites/default/ ... 0Cloud.png

http://www.zerohedge.com/news/guest-pos ... e-changing

Very nice Ichimoku, 99er!
Even a non-expert, like me, could figure out the message…

SPX
Late last night, while I was asleep, Volpinacci (my Espresso-Machine-BOT) got some detailed 30-40 yrs back data.
Volpinacci then compared 5 different timeframes (30 min to monthly) on which distinct criteria were used to display “reasonable” target/support levels. On each timeframe, only the strongest 3 to 5 targets/supports were retained, to avoid FOG (Fake Overloaded Grid) artifacts in a further cross-selection. On the simplified final table, only coinciding levels (at least 3x) were displayed:

#1 = 1090-1093 (4x)
#2 = 1049-1050 (4x)
#3 = 1016-1017 (3x)

…to which I should add a low and very strong support (triple confluence) on monthly: SPX=845.

cougar

If only I had drawn it; the credit goes to Chris Capres of Second Skies who posted the chart at Zero Hedge.

Chris' FX site: http://2ndskiesforex.com/

P.S. I was just about to ask you about your support levels! 845...wow.

Sunday Evening Updates

ES http://99ercharts.blogspot.com/2011/08/es_21.html
EURUSD http://99ercharts.blogspot.com/2011/08/eurusd_21.html

ES http://99ercharts.blogspot.com/2011/08/es_22.html
EURUSD http://99ercharts.blogspot.com/2011/08/eurusd.html

99er wrote:cougar

If only I had drawn it; the credit goes to Chris Capres of Second Skies who posted the chart at Zero Hedge.

Chris' FX site: http://2ndskiesforex.com/

P.S. I was just about to ask you about your support levels! 845...wow.

Yep...Here is 845, as I said