Cobra's Market View

Gap up above yesterday's high, so there're some chances the gap won't be filled. And by the way if some of you remember I said in the yesterday's intraday thread, a consolidation around an important resistance usually means blast on the upside despite all the negative signs? Well, here we go. I just want to take the opportunity to prove when signal and pattern conflict, usually pattern win. And that's why trading is an art not science because you cannot rely simply on signals.

Nothing to say about Global ES, still a little shy of the rectangle target.

By the way, can someone tell me how to put search key word on Twitter? $SPY, $ES? I'll try to put every of my intraday comment on Twitter today and the update can also be seen on the home page of the cobrasmarketview.com.

"a consolidation around an important resistance usually means blast on the upside despite all the negative signs".

I remember! Thanks, Cobra.

I like the Realtime Updates feature.

Cobra wrote:Gap up above yesterday's high, so there're some chances the gap won't be filled. And by the way if some of you remember I said in the yesterday's intraday thread, a consolidation around an important resistance usually means blast on the upside despite all the negative signs? Well, here we go. I just want to take the opportunity to prove when signal and pattern conflict, usually pattern win. And that's why trading is an art not science because you cannot rely simply on signals.

Nothing to say about Global ES, still a little shy of the rectangle target.

1.png

By the way, can someone tell me how to put search key word on Twitter? $SPY, $ES? I'll try to put every of my intraday comment on Twitter today and the update can also be seen on the home page of the cobrasmarketview.com.

2.png

$ES_F : will get you in the ES stream

$SPY
$SPX
$CL_F
$GC_F

etc.

Cobra, do you still think the market will start the pull back tomorrow like what you said in the daily report or with today gap up it'll go to galaxy far away?

SigmaEcho wrote:

Cobra wrote:Gap up above yesterday's high, so there're some chances the gap won't be filled. And by the way if some of you remember I said in the yesterday's intraday thread, a consolidation around an important resistance usually means blast on the upside despite all the negative signs? Well, here we go. I just want to take the opportunity to prove when signal and pattern conflict, usually pattern win. And that's why trading is an art not science because you cannot rely simply on signals.

Nothing to say about Global ES, still a little shy of the rectangle target.

1.png

By the way, can someone tell me how to put search key word on Twitter? $SPY, $ES? I'll try to put every of my intraday comment on Twitter today and the update can also be seen on the home page of the cobrasmarketview.com.

2.png

$ES_F : will get you in the ES stream

$SPY
$SPX
$CL_F
$GC_F

etc.

Thanks, that's what I want.

STC wrote:Cobra, do you still think the market will start the pull back tomorrow like what you said in the daily report or with today gap up it'll go to galaxy far away?

Let's see how market closes today.

GM,
I took 12 points gain in the overnight from ES (was a good day today before cash is open).
I will wait and see if there will be another good deal in cash time

Anyone knows the OE max pain for SPY? Thanks!

Good Morning.

Updates

EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_12.html
AUDJPY http://99ercharts.blogspot.com/2011/10/audjpy_12.html
ES http://99ercharts.blogspot.com/2011/10/es_12.html

We're getting very close... the 80 week SMA is sitting around 1207 and ES is at around 1202 right now... let's see if Mrs. Market performs a gap 'n crap this morning. That sounded weird.

It's like picking a fruit... it's getting ripe. Mmmmmmm.

Updates

Copper http://99ercharts.blogspot.com/2011/10/copper_12.html
Crude http://99ercharts.blogspot.com/2011/10/crude_12.html
30-Year http://99ercharts.blogspot.com/2011/10/30y_12.html

99er wrote:Good Morning.

Updates

EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_12.html
AUDJPY http://99ercharts.blogspot.com/2011/10/audjpy_12.html
ES http://99ercharts.blogspot.com/2011/10/es_12.html

Thank you for your $RUT chart yesterday. Your chart prevented me getting to dark side and losing money.

Updates

Gold http://99ercharts.blogspot.com/2011/10/gold_12.html
Silver http://99ercharts.blogspot.com/2011/10/silver_12.html

GLTA.

Tabby wrote:

99er wrote:Good Morning.

Updates

EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_12.html
AUDJPY http://99ercharts.blogspot.com/2011/10/audjpy_12.html
ES http://99ercharts.blogspot.com/2011/10/es_12.html

Thank you for your $RUT chart yesterday. Your chart prevented me getting to dark side and losing money.

May the Force be with you

Tabby

You're welcome!

the open.

Waiting for the right opportunity (coming up soon) to short (using TZA) the Russell. See chart and what looks like an inverted H&S.

Cobra wrote:

SigmaEcho wrote:

Cobra wrote:Gap up above yesterday's high, so there're some chances the gap won't be filled. And by the way if some of you remember I said in the yesterday's intraday thread, a consolidation around an important resistance usually means blast on the upside despite all the negative signs? Well, here we go. I just want to take the opportunity to prove when signal and pattern conflict, usually pattern win. And that's why trading is an art not science because you cannot rely simply on signals.

Nothing to say about Global ES, still a little shy of the rectangle target.

1.png

By the way, can someone tell me how to put search key word on Twitter? $SPY, $ES? I'll try to put every of my intraday comment on Twitter today and the update can also be seen on the home page of the cobrasmarketview.com.

2.png

$ES_F : will get you in the ES stream

$SPY
$SPX
$CL_F
$GC_F

etc.

Thanks, that's what I want.

just saw your tweet, since I follow you. $ES_F has broader follow base

coorlation between ES and EUR making new levels in October,2011
so if you want bigger picture, just check the EUR and USD because ES will follow