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04/27/2018 Live Update
Re: 04/27/2018 Live Update
members only update at 3:50 pm
http://www.cobrasmarketview.com/2018/04 ... ay-update/
http://www.cobrasmarketview.com/2018/04 ... ay-update/
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Re: 04/27/2018 Live Update
well, guess that's it for today. Monday has been mixed recently. the last trading day of a month has been up 7 of the last 10 though. thank you guys, I'll see you in another thread soon.
before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
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Re: 04/27/2018 Live Update
The Qs had been pumped to extremes in the overnite, and then sold off hard from the getgo. A classic pump and dump, as shameless as I've seen in a while.
Their extreme collapse carried SPY into an overshoot to the downside. With the exception of that relatively brief 'adverse excursion' by SPY, the inital bracketing Range which the Cobra foresaw pretty much came to pass. Price climbed back into the target range and stayed there. (Note my previous observation that breadth was sort of flatline, much as price was.)
GLTA
Their extreme collapse carried SPY into an overshoot to the downside. With the exception of that relatively brief 'adverse excursion' by SPY, the inital bracketing Range which the Cobra foresaw pretty much came to pass. Price climbed back into the target range and stayed there. (Note my previous observation that breadth was sort of flatline, much as price was.)
GLTA