Cobra's Market View

Cobra wrote:sharp rebound here then it's range day, resume down from here then it's downtrend day probably with later day reversal up. key time.

for now from the chart, down is more likely.

TRIPLE BOTTOM OR SOUTH TO ANTARCTICA!!! Where is Helicopter Ben and Baby Janet!!!

Bulls stop for this round of a buy.

Getting ready for a real hurricane here in North Florida. Looks like the market is tracking hurricane Michael....

Stay safe.

brokebybernacke2 wrote:

Trades with cats wrote:My ES chart is showing a lower low every day for 4 days now. No idea if that means anything.

2 more waves down should do it. 2830-40 for a bounce...

booyah..now will look at possible longs scale in, but gotta tell ya, we just might challenge 2802 very important level in near term. 2836 2821 2802 enter long tight stop levels....

Counter trend Scalpers, when market goes up or down more than +/-1% (/ES mainly)
counter trend at 1, 1.5, and 2% mark always come out winner at the end of day.

Trend following still the key wining trade. Just another piece in a tool box for a day like today unless you short already.

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GREAT News!!!

Robinhood launches its own trade clearing system as customer growth surges
https://www.cnbc.com/2018/10/10/robinho ... urges.html


Apex Clearing sucks!!!

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vol surge, so might be a rebound here first which likely would be sold.

watch that vix > 20 breaks prior high in august

brokebybernacke2 wrote:watch that vix > 20 breaks prior high in august

correction june

The early bird mark, 1% and 1.5% counter trend zone. lets try again here.

MrMiyagi wrote:ANTARCTICA DOUBLE BOTTOM OR NEXT STOP IS A VISIT TO HADES

yup, if another down, this one shall scare a bit...

brokebybernacke2 wrote:

MrMiyagi wrote:ANTARCTICA DOUBLE BOTTOM OR NEXT STOP IS A VISIT TO HADES

yup, if another down, this one shall scare a bit...

mentioned prior smallies took < than 2 weeks to go from 50 to 200ma. 2765 sp 200ma...

brokebybernacke2 wrote:

brokebybernacke2 wrote:

MrMiyagi wrote:ANTARCTICA DOUBLE BOTTOM OR NEXT STOP IS A VISIT TO HADES

yup, if another down, this one shall scare a bit...

mentioned prior smallies took < than 2 weeks to go from 50 to 200ma. 2765 sp 200ma...

weekly mac d spx crossover in play...weekly 200ma 2744

I have not updated the PBar chart for quite some time, too disgusted with the up and up and up. But today I was having a look at it since we are back into the area where I was marking the PBars. Interesting where the market consolidates around the congested Pbar areas. 3 min chart and 30 min chart

sell the rip, no new low, the counter trend will take it back up from here.

Cramer asking Powell to speak out /walk back rate hikes already?? deja vu, but way early no?