Cobra's Market View

The bear surge already looks exhausted...

IS KENA HERE ??

Miyagi......

"Dive, Dive, Dive!!!!!"

last stand for the bulls, DING ding ding.

range bounded, so I cannot see this pullback should be 2 legged. basically I have no clue about this market.

And here comes The Rebound.

Harapa wrote:

BullBear52x wrote:OK Buy Tick is ticking, no ding.

Buy here or 140.65 is next stop. not yet on the buy.

May be no ding this time SPY/VIX ratios turned unfavorable.

I am with you on the internals, but they lag, lets see how this buy pan out.

If u look at daily SPY with a default bolinger on it
This is the first time since ……….long time…….. that the bb is starting to compress
Not tight enough (?) yet………….but still worth noting/watching……..

break the lower triangle support 1397ish... could see a very sharp downward move.

Al_Dente wrote:If u look at daily SPY with a default bolinger on it
This is the first time since ……….long time…….. that the bb is starting to compress
Not tight enough (?) yet………….but still worth noting/watching……..

I used .5 deviation here. this is bearish.

What a mess, now my intraday MACD hist. is turning bearish, sell the rips that is.....a selling next one to come, I hope for 4th time is a charm for bears.

BullBear52x wrote:

Al_Dente wrote:If u look at daily SPY with a default bolinger on it
This is the first time since ……….long time…….. that the bb is starting to compress
Not tight enough (?) yet………….but still worth noting/watching……..

I used .5 deviation here. this is bearish.

Explain green blue red for the benefit of ……aaaaaaaaaaa……..u know……. newbies ………..

Al_Dente wrote:

BullBear52x wrote:

Al_Dente wrote:If u look at daily SPY with a default bolinger on it
This is the first time since ……….long time…….. that the bb is starting to compress
Not tight enough (?) yet………….but still worth noting/watching……..

I used .5 deviation here. this is bearish.

Explain green blue red for the benefit of ……aaaaaaaaaaa……..u know……. newbies ………..

simple standard deviation, upper is +.5 lower is -.5 ........newbies? you make me laught

2 Miyagi-bar update

PetroChina MSFT

Harapa wrote:

Al_Dente wrote: Futures contango distorts the view

http://seekingalpha.com/article/802871- ... ocus&ifp=0

http://seekingalpha.com/article/840301- ... itle&ifp=0

Thanks for the links, learned soothing new.

if you like digging deep into vix and contango, contact Rob Hanna at quantifiabledges.com, he has frequent webinars on that topic and millions of data points for his quant studies, GL

and AL: thanks for FXA reminder

If Transports (TRAN) bounces again from here like it did yesterday then I will start with SPX 1800 posts.

TNA from Diamond top to Bull flag, you got to love it. I bet ya they use computer program on this bad boy

MrMiyagi wrote:If Transports (TRAN) bounces again from here like it did yesterday then I will start with SPX 1800 posts.

PPT missed the memo, they thought it said XLM and XLV will lead the healthy rally up.....keizai was looking at some of those components late in the weekend post...GL...

Tran is the older continuous index in existence...(and some other cool stuff here)http://www.djindexes.com/mdsidx/downloa ... _Sheet.pdf

So, I've been drinking and every time I am wrong about the market over the next ten minutes, I take a drink.

I am drunk!