Cobra's Market View

That was a great call. Was not expecting a tag of 2600 today! Asian markets are not going to be happy tonight.

Question becomes what happens at 4:15.

well, guess that's it for today. Friday tomorrow has been generally bull friendly recently. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

Junior Buffett wrote:

Cobra wrote:revisit day low as expected, now see if bulls can make sharp rebound to let us know the low was in.

looks like going down...

sure did!

this is turning out to be intriguing, if this doesnt turn soon and moves down with power and handles tomorrow/next days, may have first glimpse that a much bigger top may be in , not many talking about that, far as i hear, this is the correction we have been waiting for and wanting (versus the one we dont want)!

brokebybernacke2 wrote:

Junior Buffett wrote:

Cobra wrote:revisit day low as expected, now see if bulls can make sharp rebound to let us know the low was in.

looks like going down...

sure did!

this is turning out to be intriguing, if this doesnt turn soon and moves down with power and handles tomorrow/next days, may have first glimpse that a much bigger top may be in , not many talking about that, far as i hear, this is the correction we have been waiting for and wanting (versus the one we dont want)!

looks like this will go below 2500 now...

From 3:59:88 (38 seconds) to 4:01:31 19.5 points up. Yes brings back the terrifying memories of the old days with the rip your face off rallies. 20 points is a week of trading last year for me. If you want to play you really really need to watch the leverage, keep stops on and your mouse hovering over the close button.