Cobra's Market View

FIRE Target +83%:

http://stockcharts.com/webcgi/Pnf.asp?S ... =A&B=1&N=C

Is there enough time for a breakout?
Seems slow motion today.

MrMiyagi wrote:Is there enough time for a breakout?
Seems slow motion today.

if price wants to breakout, 30 min is plenty of time.
My guess price will fake breakdown and reverse buy end of day and continue floating higher tomorrow.

well, no breakout, instead of a pullback. I better shut up today.

VIX is green and indexes green. VIX looking to close back inside the daily BB bands.

fehro wrote:VIX is green and indexes green. VIX looking to close back inside the daily BB bands.

VIX closes green today and RED tomorrow
vix signal may take days to work

VIX continue up which is not good.

Trading day is about over..Everyone have a good Thanksgiving with your family and freinds.

Cobra:
Before close intraday update?

wayne0708 wrote:

fehro wrote:VIX is green and indexes green. VIX looking to close back inside the daily BB bands.

VIX closes green today and RED tomorrow
vix signal may take days to work

yes that's true. but in 20 minutes... a lot can happen with the VIX.

If spy gets over 139.45$ it may run a bit today.
Big chunk of shares sitting there.

Now 139.48$ big chunk of shares

Last chart, here is my Turkey Day special. for educational purpose only.

simply MACD histogram.
sell will not confirm until the red line is breached.

You playing on Friday Miyagi???

Looking non-bearish, fellas
Maybe we get a non-bearish Friday

Everytime price went up on SPY a penny, the big block of shares was moved up until 139.52$
Someone didn't want that breached! Let's see what happens now.

Mr. T wrote:You playing on Friday Miyagi???

Status quo. I have a few SPY 139 calls, if they sell today at a small profit then that's fine otherwise it's a big chunk of written TNA puts and GDX puts. So I'm rooting for miners and market can stay where it is..

volume on spy 5min spiking up for last 20 mins

floating up to close peepz