Cobra's Market View

fehro wrote:bear wedge break.. or channel./bear flag?

Fehro, we are on the same page... waiting to see if it is a channel or a break.

my wild-est-est-est guess for fun.

keep an eye on the fruit
detail
bears will want her to fail also

skittlesmds wrote:

fehro wrote:bear wedge break.. or channel./bear flag?

Fehro, we are on the same page... waiting to see if it is a channel or a break.

yup saw that... and there's this too.

True Strength Indicator says that's enough.



Also,

!!!!!!POWER HOUR!!!!!!

goes as planed.

the coming back is stronger than I thought so I might need a new plan, wait.

[quote="BullBear52x"]

Paging BB52X

Sell the rips on yearly SPX candles for long long term ?

OK, I do need a new plan. right now, a little overshot, so might be a small pullback first.

Maybe we miss calculated our targets... Thinking about covering here.

FT

PAGING SKITTLES
I finally have a glimmer of a little bounce GDX
I’m expecting her to bounce up to the declining MAs then fail and maybe test bottom… she’s not out of the woods yet …we’ll see…
ps I like yr charts thx

spx 5m

SPX: This bounce is corrective. Then obviously more down side action should be expected

Al_Dente wrote:PAGING SKITTLES
I finally have a glimmer of a little bounce GDX
I’m expecting her to bounce up to the declining MAs then fail and maybe test bottom… she’s not out of the woods yet …we’ll see…
ps I like yr charts thx

18gdx3.png

Thanks Al Dente. I'm going to post a chart on GLD and see what you think about my ideas on it.

Al_Dente wrote:PAGING SKITTLES
I finally have a glimmer of a little bounce GDX
I’m expecting her to bounce up to the declining MAs then fail and maybe test bottom… she’s not out of the woods yet …we’ll see…
ps I like yr charts thx

The attachment 18gdx3.png is no longer available

Possible falling wedge on the daily timeframe. If it does play out, it will take some time to breakout to the upside. Any comments, Al Dente or anyone else?

pullback as expected. I'm neutral here as 21 min to close now, anything could happen.

SPX 5m

I think we are going to wake up to a big gap down tomorrow.

MrMiyagi wrote:I think we are going to wake up to a big gap down tomorrow.

I sure like the way you talk
Look like SPY & VIX both red AGAIN!!