Cobra's Market View

1 min update
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

Baron check yr pm in a minute

bulls cannot fail here, otherwise it'd be double top.

spy 5min macd cross back down. 130.6-130.9 channel. I repeat, this is a bear's week.

lunch time will be back, hopefully a H2 long here (not yet).

Here is my evil plan for TVIX, just for this group... based on nothing proprietary or anything like that. Just based on the last resolution of a similar setup.

Loaded up as we went down, fully "all-in" as of last Thursday when I was sure the VIX hit a short term bottom based on RSI PosD.

Now it's time to play this simple 1-2-3 leg up.

If VIX RSI breaks the ascending line, the trade is bust and positions will be liquidated.

(Cobra switched from bias bear to bias bull)

Funny..

Daily SPY/SPX MACD is 100% bear porn...Come on guys...keep preying!

Funny... MACD crosses are lagging indicators. SPY looking bullish biased to me

XIV 5 min is trying to squeeze
Not a typo, XIV

waverider wrote:Funny... MACD crosses are lagging indicators. SPY looking bullish biased to me

Funny doubled from friday..

there's a lot of things that still indicate bear week. then again, what do i know

good, it was a successful H2 long. all targets have been met. we now have a new target.

resistance is clear on this chart.

volume surge, so hopefully an exhaustion here. again, as long as red today, it's bear's victory, so bear need pray now. I have to leave for an hour in 10 min.

Al_Dente wrote:1 min update
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

Baron check yr pm in a minute

Thanks,

as soon as you said we are on the same page, I know then what's next

a clear channel, so bulls are strong. bears really need pray.

recovering, trying to test the previous support at 1308-1309. i think first test is a fail as always. i don't know what's next. sit on hand at this moment.

Thanks Cobra, see you tomorrow if u have to leave

A close above 131 today and the bear trend will become invalid.

volatility charts, note $VXN led the way today
http://stockcharts.com/h-sc/ui?s=$VIX&p ... =252313790

baron

here is the lines

since it's a channel, so most likely bulls have another push up. bears need pray that this push up is the weakest.

EURUSD: A potential Idea = Wave (B) in progress target = 1.2900