Cobra's Market View

I like it when all the indexes agree and trade in line to one another, easy to the eye

KeiZai wrote:Alcoa : if my chart is correct ER will disappoint (upper line going back to oct.2011)
make or break tonight

AA.png

boss is tonight the start of earnings season AA?

flrtrader wrote:

BullBear52x wrote:

flrtrader wrote:

BullBear52x wrote:stop here or move on to the next stops

As I said yesterday BB I'm positioned short from fridays close 1462... I'm short spy and will exit at 143 But do plan to exit es 1440.70 for the bounce to reposition short.

Good trades Sir

Flrtrader

Nice, I see ES at a support right about here 1446 ish, if it ever trade that low, would it take the Cash index to stop out also?

I see them taking it to 1441 then bouncing it because at 1439 the floor drops out were in the gap. SPX area I'm targeting is 1443-45

thanks, I think we are in the same ball park, I am eyeing 1438ish. spx.

I think the best skill of the PPT is to jam the $VIX or volatility indexes, they are good...

talking VIX, VXX traders PPT have an eye on you wait to sell XIV it almost there.

Al_Dente wrote:

KeiZai wrote:Alcoa : if my chart is correct ER will disappoint (upper line going back to oct.2011)
make or break tonight

AA.png

boss is tonight the start of earnings season AA?

Yes mister I am very cutious how it will play out : http://www.marketwatch.com/story/alcoa- ... atest_news

KeiZai wrote:

Al_Dente wrote:

KeiZai wrote:Alcoa : if my chart is correct ER will disappoint (upper line going back to oct.2011)
make or break tonight

AA.png

boss is tonight the start of earnings season AA?

Yes mister I am very cutious how it will play out : http://www.marketwatch.com/story/alcoa- ... atest_news

thanks homey
off topic: why is FXP on top of my (narrow) leader board today?

KeiZai wrote:

Al_Dente wrote:

KeiZai wrote:Alcoa : if my chart is correct ER will disappoint (upper line going back to oct.2011)
make or break tonight

AA.png

boss is tonight the start of earnings season AA?

Yes mister I am very cutious how it will play out : http://www.marketwatch.com/story/alcoa- ... atest_news

The company posted loss from continuing operations of $$$$$ million or $$$$ cents a share, which includes special items of $$$$$ million. In the year-ago quarter, the company earned $$$$ cents a share.

Revenue declined XXXX percent to $$$$$ billion versus consensus estimate of a xxxx percent decline. Revenue dropped due to a xxxx percent fall in the realized alumina price, the largest U.S. producer of aluminum said.

Share jump amid optimism of stimulus from the government this is news

looks like this rebound have legs.

H&S targets.. neckline retest? or could be another neckline, and yellow channel?

Half an hour to go:

Good place to fail
Right here [edit: at vwap]
Por favor spy

60m SPX trend lines.

BullBear52x wrote:

KeiZai wrote:

Al_Dente wrote:

KeiZai wrote:Alcoa : if my chart is correct ER will disappoint (upper line going back to oct.2011)
make or break tonight

AA.png

boss is tonight the start of earnings season AA?

Yes mister I am very cutious how it will play out : http://www.marketwatch.com/story/alcoa- ... atest_news

The company posted loss from continuing operations of $$$$$ million or $$$$ cents a share, which includes special items of $$$$$ million. In the year-ago quarter, the company earned $$$$ cents a share.

Revenue declined XXXX percent to $$$$$ billion versus consensus estimate of a xxxx percent decline. Revenue dropped due to a xxxx percent fall in the realized alumina price, the largest U.S. producer of aluminum said.

Share jump amid optimism of stimulus from the government this is news

It's important for ES at this level, if it fails at my green line on the left here, chances are high lower trade into the night, and gap down tomaaaaroooo for cash index. so, need to hold here.

uempel wrote:Half an hour to go:

10.png

Hoping for afailure at 12:55 and a bounce off the bottom at 2:55

But I seldom get what I want !

BullBear52x wrote:It's important for ES at this level, if it fail at my green line on the left here, chances are high lower trade into the night, and gap down tomaaaaroooo for cash index. so, need to hold here.

" need to hold here" noooo have to fail I am short in Europe
Posted here cca month ago

KeiZai wrote:

BullBear52x wrote:It's important for ES at this level, if it fail at my green line on the left here, chances are high lower trade into the night, and gap down tomaaaaroooo for cash index. so, need to hold here.

" need to hold here" noooo have to fail I am short in Europe

EX.png

Posted here cca month ago

EX-Daily.png

evil you

flrtrader wrote:

uempel wrote:Half an hour to go:

The attachment 10.png is no longer available

Hoping for afailure at 12:55 and a bounce off the bottom at 2:55

But I seldom get what I want !

The first red ellipse worked well on the 21st and 31st, so far I can hardly imagine a move of 10 or 17 handles today. As to the direction - not the faintest idea

things could accelerate down if we break that blue neckline...