tinted area as text book target, i believe the red line will be challenged. Still find hard to believe the intraday weakness being bought again.
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Looks like you were WRONG AGAINNNNN about second leg downn!!!
IDIOTS!!!
OK bad ass, post your trades in real time. Let's see if you have any ball$!
Wow....what is wrong with you people . IT WAS A JOKEEEEEEEEEEEEEEE in reference to the fact that someone on another site said that Cobra was incorrect about calling a second leg down ....
Jeezzzz.....
Also , I do post my trades from time to time here.....if u were frequent here u would know. anyways....now that we have that sorted. Good luck!
My apology to you if you were indeed joking. But, judging by how people did not get your sense of humor, maybe the tone and words you used were a little bit too strong.
Yes I was indeed joking....basically mocking the people on the other sites that said Cobra was wrong about calling second leg down ...so when it came today i was just being sarcastic maybe I should have been more clear...so my apologies as well !
Everyone knows I love cobra and everyone else here!
failed breakout? let's wait. either some other chart pattern I'm not aware yet or the market will try the other direction, let's wait.
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Looks like you were WRONG AGAINNNNN about second leg downn!!!
IDIOTS!!!
OK bad ass, post your trades in real time. Let's see if you have any ball$!
Wow....what is wrong with you people . IT WAS A JOKEEEEEEEEEEEEEEE in reference to the fact that someone on another site said that Cobra was incorrect about calling a second leg down ....
Jeezzzz.....
Also , I do post my trades from time to time here.....if u were frequent here u would know. anyways....now that we have that sorted. Good luck!
My apology to you if you were indeed joking. But, judging by how people did not get your sense of humor, maybe the tone and words you used were a little bit too strong.
Yes I was indeed joking....basically mocking the people on the other sites that said Cobra was wrong about calling second leg down ...so when it came today i was just being sarcastic maybe I should have been more clear...so my apologies as well !
Everyone knows I love cobra and everyone else here!
AK84 wrote:
Everyone knows I love cobra and everyone else here!
Peace!
I like peace and beautiful women of course.
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by the way, as long as bulls cannot close high of the day, I consider it's bear's victory. the route will be at least as illustrated by the blue dashed line.
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lilitulip wrote:Hi Cobra, do you think SPY broke out the downtrend line from 7/27- 8/17 and backtest now?i saw it on 60 mins chart. thanks
possibly, that should explain why rebound here. thanks for reminding me.
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es was rejected at 1165.5 and found support at 1157-58 area. noted the high is inch lower than before.
this support is important. if lost, tone of market will change. i am still expecting moderate bouncing until volatility comes in 10:00 tomorrow.
The goal is not uniformity. It is understanding and idea exchange.
good, still is triangle breakout, but the target is no match with yesterday's Measured Move, so bulls are definitely weakening.
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for BAC, my usual setup: assume we close here, doesn't matter anyway, breakdown below today's low is short, 80% chances it'd be a winning trade.
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when you say breakdown below today's low, do you mean today's close < today's low. If so the 80% probability is only after that happens?
Thanks,
Cobra wrote:for BAC, my usual setup: assume we close here, doesn't matter anyway, breakdown below today's low is short, 80% chances it'd be a winning trade.