Cobra's Market View

MrMiyagi wrote:

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Mr. MrMiyagi, remember you showed a p-par to 143.6x a few weeks ago. Could you share it again?

SPX: Price should unfold a ZZ off 1410.90 with 1x1 target at 1427.84

flrtrader wrote:

Petsamo wrote:

MrMiyagi wrote:Still thinking gap up on your sheets?

Of course
The best case for a gap down is if we finish at the highs

Gap up if we close on the highs? Hmmm... Gap up if we don't where do you get these calculations? I've saw you call gaps and the last 3 times we got regular opens.

Just curious... I have targets at 1428 and a gap down might ding that feeling!

Thanks

You'll need to reread my sentence. The best case for a gap down is if we finish at the highs.
Regarding the calculations, I've repeated them a few times. They're not complex. My calculations don't have targets. The nice thing about my gap up predictions is if we gap down, there's still a chance we rally, like today, as if we gapped up. Since the Nikkei, Hang Seng, & India sold off for a second day, the likelyhood we gap up is even better.

well, guess that's it for today. tomorrow might be another boring day, all waiting for FOMC the day after tomorrow. thank you guys, I'll see you tomorrow.

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

882 K last sell on SPY

ILF and IYT closed right at or about HOD, few other ETFs did. Message of the market: buy companies that transport to Latin America...

ARMs Sell Warning...just to keep things interesting.

According to this chart the market finished the session on a negative note:

uempel wrote:According to this chart the market finished the session on a negative note:

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Hi uempel, ES closed much higher at 1420.25, doesn't that count for something

Looks like panda will have the small party tomorrow

MrMiyagi wrote:

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NICE POP today off weekly abc... BUT no volume watch out for double bottom test.

ES Globex: Flat or Break out ? while Mr. market makes up his mind Triangle into FOMC day ?

TWT wrote:ES Globex: Flat or Break out ? while Mr. market makes up his mind Triangle into FOMC day ?

Break out it is TWT

EUR: Corrective bounce that could be shaping the right shoulder of H&S bearish pattern

ES Globex: Another Zig Zag higher ? 1 x 1 target = 1428.25

FDAX: Melt up ending badly ?

EURUSD: Last impulsive up leg ? (Of the DZZ)