Cobra's Market View

Gotta love these two P Bars on SPY from early this morning..... they just have to keep this interesting.

Pagging Varaamo, are you here?

jarbo456 wrote:

BullBear52x wrote:Under here is no no (<open)

Back! Going to take a look at the options expiration probability chart on TOS. If I run into a snag, mind me sending you a PM about it?

/ES still looks like bullish consolidation to me...IMO.

sure

BB,

Yes, i am here..

-varaamo

varaamo wrote:BB,

Yes, i am here..

-varaamo

Here it is.

Many Thanks, BB

Al_Dente wrote:PAGING BULLTART
What did u hear re Straight of Hormuz?
I had all news off, just turned it back on
thanks

Iran basically said it has given the US its final warning to not return. The US 5th fleet left the waterway due to Iranian military exercises. It is now en route back. Iran has warned to not return, supposedly for "the last time."

Again, nothing will probably happen, but the it's all about the threat and rhetoric. Nothing needs to actually happen.

I hope nothing actually happens.

/CL is just absolutely ripping.

Iranian regime is afraid about all the sudden "revolutions" happened in other countries. And a nice way to prevent something like it is to take the population to a pre-war enviroment.

Bonds make a large bull-spy run
1m
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

These overnight gaps sure make for boring intraday trading.

varaamo wrote:Many Thanks, BB

no problem. I hope it's useful to you.

What if something happened, then what?

BullTart wrote:

Al_Dente wrote:PAGING BULLTART
What did u hear re Straight of Hormuz?
I had all news off, just turned it back on
thanks

Iran basically said it has given the US its final warning to not return. The US 5th fleet left the waterway due to Iranian military exercises. It is now en route back. Iran has warned to not return, supposedly for "the last time."

Again, nothing will probably happen, but the it's all about the threat and rhetoric. Nothing needs to actually happen.

I hope nothing actually happens.

BullTart wrote:

Al_Dente wrote:PAGING BULLTART...What did u hear re Straight of Hormuz?...I had all news off, just turned it back on
thanks

Iran basically said it has given the US its final warning to not return. The US 5th fleet left the waterway due to Iranian military exercises. It is now en route back. Iran has warned to not return, supposedly for "the last time."...Again, nothing will probably happen, but the it's all about the threat and rhetoric. Nothing needs to actually happen....I hope nothing actually happens.

Thanks BullTart
Because of yr avatar and yr intelligence, u r now our official lookout for “black swans”
Are u up to the job?
Just remember, “this time is not different”

Al_Dente wrote:Bonds make a large bull-spy run
1m
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

Looks like /ZN has found support?

BullBear52x wrote:

varaamo wrote:Many Thanks, BB

no problem. I hope it's useful to you.

How come everybody else gets PMs and secret coded messages
What about old Al and Mishka?
http://www.youtube.com/watch?v=MafShAW1 ... ure=relmfu

waverider wrote:These overnight gaps sure make for boring intraday trading.

Bored?
FCX

Al_Dente wrote:

BullBear52x wrote:

varaamo wrote:Many Thanks, BB

no problem. I hope it's useful to you.

How come everybody else gets PMs and secret coded messages
What about old Al and Mishka?
http://www.youtube.com/watch?v=MafShAW1 ... ure=relmfu

My chart is way too simple for Dr. Al to even bother to look at.

dollar up, equities down tomorrow?

Al_Dente wrote:

BullTart wrote:

Al_Dente wrote:PAGING BULLTART...What did u hear re Straight of Hormuz?...I had all news off, just turned it back on
thanks

Iran basically said it has given the US its final warning to not return. The US 5th fleet left the waterway due to Iranian military exercises. It is now en route back. Iran has warned to not return, supposedly for "the last time."...Again, nothing will probably happen, but the it's all about the threat and rhetoric. Nothing needs to actually happen....I hope nothing actually happens.

Thanks BullTart
Because of yr avatar and yr intelligence, u r now our official lookout for “black swans”
Are u up to the job?
Just remember, “this time is not different”

Not sure if I qualify, but my avatar does give me an unfair advantage.

Most of the cycle analysis I follow point to downward action into the 2nd or 3rd week of Jan. Nothing is set in stone, but the VIX is not dropping like it should. 1288-1290 on the SPX should be the ceiling if I'm reading the markets correctly here and then we go down. Gap and controlled distribution seems to be the game being played right now.

Basically, if we get a Gap and Crap, then the distribution is over and that's when the fireworks may start on the downside.

Let's see what happens. We could of course, go straight up from here to the moon, but that's why I've got protection with AGQ calls right now which I'll let go once we see the fireworks start.