Cobra's Market View

Harapa wrote:

Al_Dente wrote:HARAPA
The cumulative tick goes honey badger on the 10min time frame so please don’t use it
It is not accurate

1126cumtick10m.png

Thanks . I am watching this.
http://stockcharts.com/public/3828047/c ... /217834305;

Nice chart Harapa...

My spreadsheet's suggesting this bull run ain't over

uempel wrote:

MrMiyagi wrote:Place your bets before window closes; last hour. 141.20$ SPY maybe?? Maybe??

238.png

Hi Uempel,
You gonna play this move? Only 7 minutes... Or maybe on ES for 15 more?

Petsamo wrote:My spreadsheet's suggesting this bull run ain't over

Indicators still overbought but seasonality is kicking in.

IWM trying to print 6th black (green) bar in a row on the daily chart. Volume is declining and it is technically (RSI, stochastics) overbought. Problem is sideways movement can burn off the overbought technicals and diverging volume so not a 100% fool proof short signal.

dust
LOD

looking good, a breakout is possible.

Last chart, bye guys

champix wrote:

uempel wrote:

MrMiyagi wrote:Place your bets before window closes; last hour. 141.20$ SPY maybe?? Maybe??

238.png

Hi Uempel,
You gonna play this move? Only 7 minutes... Or maybe on ES for 15 more?

Yeah, but only because I'm bullish for the next 10 days. So even if it does not work out I'm ok with adding a bit more longs here. Maybe only very short term.

guys, before the close, please take a little time to vote for me. thanks. https://stockcharts.com/public/1684859/tenpp

I'm surprised no breakout here, the chart pattern looks good. 6 min to close, so no idea now, anything could happen.

uempel wrote:Last chart, bye guys

239.png

There is only 15% chance that tomorrow SPY will open lower by 0.75%( per New M05 setup. It is not a firm conclusion due to low n, just an observation)
Edited to bring clarity.

well, guess that's it for day. members should now know that to expect in general, tomorrow, so no blah blah here. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thank. https://stockcharts.com/public/1684859/tenpp

200 days. fwiw.

well, here comes the breakout finally.

Odds of 6 daily candles in a row in one direction continuing is not good. Short via TZA calls---maybe just an overnight hold though.

Bye guys

Harapa wrote:

uempel wrote:Last chart, bye guys

239.png

Chance of "Gap down > 0.75%" tomorrow per New M05 setup is only 15% (an observation not a firm conclusion due to low n)

You mean 0.75%, not 75%, right?

uempel wrote:

Harapa wrote:

uempel wrote:Last chart, bye guys

239.png

Chance of "Gap down > 0.75%" tomorrow per New M05 setup is only 15% (an observation not a firm conclusion due to low n)

You mean 0.75%, not 75%, right?

Yes, means tomorrow SPY opens lower by 0.75% relative to today's close.
Here is the data
since March 2012
GAP by 0.75%
Gap Up/Gap Dn/T-Status
8/ 2/ T-Buy
1/ 11/ T-Sell
89%/ 15%/ % Gap up/dn
Current Status: T-Buy