Cobra's Market View

uempel wrote:Scrolling the charts I found this

The attachment hpr.png is no longer available

Grid system helps understand what's going on

KeiZai wrote:

CounterTrend wrote:

57chevy wrote:

Cobra wrote:

I

P.S: have a nice weekend all!

It must be sunny

Weekly look
note the 89 envelope is now inside the 55 at best suggests severe loss of momentum...

TradingJackal wrote:Mr. Miyagi, do you have access to futures - ES? If so, have you noticed p-bars on futures too? Thanks.

No futures, just intraday.

BullBear52x wrote:

KeiZai wrote:

CounterTrend wrote:

57chevy wrote:

Cobra wrote:

I

P.S: have a nice weekend all!

It must be sunny

sunstroke

L_T wrote:

Petsamo wrote:Anyone have a Friday morning quarterback analysis on why OIH, XOP, & XLE are not selling off ?

SLB and BHI earnings?

OK thanks

maybe this way of measuring the target would be more practical, it's almost reached though.

Gold breaking 15 minute bar trendline and sto crossing over downward. A perfect setup? Famous last words. But yeah.

uempel wrote:

uempel wrote:Scrolling the charts I found this

hpr.png

Grid system helps understand what's going on

hhpr.png

Interesting...

Glad I don't own CMG....wish I were short though....

L_T wrote:

Petsamo wrote:Anyone have a Friday morning quarterback analysis on why OIH, XOP, & XLE are not selling off ?

SLB and BHI earnings?

Oil is feeling strong so it may fight the bear.

resistance.

I appreciate ALL charts posted
Charts add value to this board
So does thoughtful TA analysis, right AND wrong
Rude sniping at each other, and honey-badger-type silly nonsense does not add TA value to this board
THANK YOU TO EVERY GENEROUS BOARDIE WHO POSTS CHARTS
[ps keizai i ALWAYS learn from your charts, please keep posting]

essessme wrote:Weekly look
note the 89 envelope is now inside the 55 at best suggests severe loss of momentum...

Tks, nice chart, shows too that the center line of the big Andrews has to be pierced

Al_Dente wrote:I appreciate ALL charts posted
Charts add value to this board
So does thoughtful TA analysis, right AND wrong
Rude sniping at each other, and honey-badger-type silly nonsense does not add TA value to this board
THANK YOU TO EVERY GENEROUS BOARDIE WHO POSTS CHARTS
[ps keizai i ALWAYS learn from your charts, please keep posting]

did you just calling name?

sold most of my puts here.. gotta be careful playing the short side especially with the aii sentiment data pointing to bearish extremes.

Al_Dente wrote:I appreciate ALL charts posted
Charts add value to this board
So does thoughtful TA analysis, right AND wrong
Rude sniping at each other, and honey-badger-type silly nonsense does not add TA value to this board
THANK YOU TO EVERY GENEROUS BOARDIE WHO POSTS CHARTS
[ps keizai i ALWAYS learn from your charts, please keep posting]

Well said Dr. Al! I learn from all charts posted but Keizai is one of my favs, keep them coming! Enjoy your weekend!

BullBear52x wrote:Bear bars will be confirmed today, and here is another bear evident.

Here's a line also back to June. This charts has more lines than a party at Pablo Escobar's house

Like on July 12th, if they take the mkt back above the line it's breaking it probably means one more run at the high. The way this rally took place is reminiscent of the $76 billion the Fed quietly fed to the banks in June of 2011 and we know what that lead to; profits for the banksters and then where the mkt was heading anyway. All QE is temporary. It's just your timeframe as to one's perspective on its ultimate failure. The Law of Diminishing Returns applies.

uempel wrote:

uempel wrote:Scrolling the charts I found this

hpr.png

Grid system helps understand what's going on

hhpr.png

It is quite a ways down to those black and green support lines uempel.

SWalsh wrote:
Here's a line also back to June. This charts has more lines than a party at Pablo Escobar's house

Good chart. I don't think that channel will hold, but I hadn't noticed it before.