Cobra's Market View

All I am seeing is that the buying stopped promptly with the Euro zone close this morning in a pattern we have seen several times the last couple of weeks. Big move into the Euro close or thereabouts followed by sideways range for the rest of the day. Now why that extra 10% volume that they provide makes a difference, I do not know. And I do not know what the S&P looks like in Euros or Pounds, but it's not the same as ours!

LT, if this bearish harmonic plays out, min target 3100s (1.27) sp.
bulls on parade.

Trades with cats wrote:I do not know what the S&P looks like in Euros or Pounds, but it's not the same as ours!

http://www.livecharts.co.uk/daily_chart ... charts.php

canada news fri, take off!

Thanks

HAPPY HOUR

here comes VWAP (and the Mid). Usually touches price sometime before the close. But not always.

Elliott wave bear porn from Twitter.

testing day high, see whether bears can make a double top here which I doubt, I think breakout is more likely. It's C&H instead of double top.

Trades with cats wrote:

five waves from 57.png

Elliott wave bear porn from Twitter.

thanks, have seen that, but also have seen the 5 waves complete/ top call numerous times on twitter/various sources over last 3 years. EW seems to be more accurate in hindsight, which is too late

Elliot Wave is a great naming convention but difficult to use for forecasting. That's why I repost Coolbizones stuff. To show another way of looking at things, he wants his stuff re-tweeted and he makes it work. By the way he has met his self imposed challenge of $300,000 profit for August. It is educational to watch him work it out.

well, guess that's it for today. Thursday tomorrow has been mixed. 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