Cobra's Market View

A few charts...

ES http://99ercharts.blogspot.com/2011/09/es_03.html
YM http://99ercharts.blogspot.com/2011/09/ym_03.html
EURUSD http://99ercharts.blogspot.com/2011/09/eurusd_03.html
Gold http://99ercharts.blogspot.com/2011/09/gold_03.html
Silver http://99ercharts.blogspot.com/2011/09/silver_03.html
Copper http://99ercharts.blogspot.com/2011/09/copper_03.html
Crude http://99ercharts.blogspot.com/2011/09/crude_03.html
30-Year http://99ercharts.blogspot.com/2011/09/30y_03.html

Have a nice long weekend!

What a nice time out in the wild for me come back to town, no surprise on the market side of thing, as expected. now my reading is sell the Rip is officially on.
short term I see we are close to captain obvious support level. will 90% of TA guru get in right and make a killing on the long side here? MA and FIb support.

DBV is taking the turn here also. Enjoy long weekend all. bears and wolfs are roaming this hunting season.

Market created lot's of gap downs the last few trading days. btdstocktrader.webs.com

BUY or SELL? We are again trades below my BUY/SELL line, SELL SELL SELL.....BUT a gap above 118.73 is an intraday BUY. Price pay TA said it all.

Fear indexes(Daily) suggest buy the dip is still in the card.

Looking at /ES open interest, still too high to say the low was in. I am hoping to see open interest below 1 for mid term bottom. this is a lagging indicator by the way.

Surprisingly, gold still looks like a buy.
Here, my time cycles of GLD in Obama’s Time, on a weekly chart:

SPX

Daily http://99ercharts.blogspot.com/2011/09/spx_8311.html
2Hour http://99ercharts.blogspot.com/2011/09/spx_04.html

What the daily indicators/oscillators telling us?

MACD = pointing Down
RSI= pointing Down
Full Stoch = pointing Down
CMF = Down and under
CCI = way down, this is the longer date one, yike! ER gar ly

happy trading all,

Charting Obama's Time

http://4.bp.blogspot.com/-yMZ52RcEuv0/T ... proval.png

http://globaleconomicanalysis.blogspot. ... is-in.html

99er wrote:Charting Obama's Time

http://4.bp.blogspot.com/-yMZ52RcEuv0/T ... proval.png

http://globaleconomicanalysis.blogspot. ... is-in.html

He is a smart one with no wisdom so they said.

Got Gold?

Wondering why gold at $1850 is cheap, or why gold at double that price will also be cheap, or frankly at any price? Because, as the following leaked cable explains, gold is, to China at least, nothing but the opportunity cost of destroying the dollar's reserve status.

http://www.zerohedge.com/news/wikileaks ... ying-spree

Interesting, 99er...

A significant signal should soon appear for AAPL.
So far, it was a perfect “buy the dips” for longer term positions

If one compares SPX weekly and monthly charts, it appears that they communicate a different "sentiment": Monthly SPX keeps a strong bearish allure, while weekly SPX, at this point, is rather undecided.

Sunday Evening Update

ES http://99ercharts.blogspot.com/2011/09/es_04.html
AUDJPY http://99ercharts.blogspot.com/2011/09/audjpy_04.html
EURUSD http://99ercharts.blogspot.com/2011/09/eurusd_04.html
EURJPY http://99ercharts.blogspot.com/2011/09/eurjpy_04.html


Labor Day Update

ES http://99ercharts.blogspot.com/2011/09/es_05.html
YM http://99ercharts.blogspot.com/2011/09/ym_05.html
EURUSD http://99ercharts.blogspot.com/2011/09/eurusd_05.html

Hitting The Fan

Central bank flight to Federal Reserve safety tops Lehman crisis

http://3.bp.blogspot.com/-jJQK2Kgb3r8/T ... lBanks.jpg

http://www.telegraph.co.uk/finance/fina ... risis.html

looks like we going to test the low before we go higher as Cobra said.

almost real time S+P futures, (10 minute delay)
at the time of this post down 26.00 pts.
http://futures.tradingcharts.com/market ... market=SP_