Cobra's Market View

victorm wrote:Would appreciate any views on GDX. Thanks.

GLD OK? my entry setup for swing.

BullBear52x wrote:

victorm wrote:Would appreciate any views on GDX. Thanks.

GLD OK? my entry setup for swing.

We agree on that! What setting are you using for RSI?

VIX does not look good

victorm wrote:Would appreciate any views on GDX. Thanks.

GDX daily.. fwiw. In between two trend lines. Look to see what happens if it makes it down to the 50 day SMA.

victorm wrote:Would appreciate any views on GDX. Thanks.

Generally a good idea to indicate what timeframe you envision for the holding.

Intraday, daily/swing, weekly/invest...

Intraday, GDX is cruising, riding high, exuding RS. Strength is confirmed by the juniors (GDXJ) which often lead the moves of GDX.

Daily, see the charts recently posted by Fehro and others.

wayne0708 wrote:VIX does not look good

inverted hammer?.. but we still have 53 minutes to go.. lots can happen in that time!

http://www.thepatternsite.com/HammerInv.html

"WTI oil futures settle the day above $110 - the highest close since May 3, 2011" - Forex Trading News

well, this is not a good close I'd like to see. I'm neutral.

Gas attack reported in Syria...

SPX 15m

Twerking..

volume surge, biggest red bar, so hopefully a rebound here first then we'll see.

watch $VIX

Asad should be making a lot of money in this mkt.

rocket wrote:Asad should be making a lot of money in this mkt.

If assad took a massive short position and then launched a gas attack.. Would that be insider trading?

wayne0708 wrote:VIX does not look good

Is this not more like the 13.90 hit on the middle of the bollingerband?

ALdaytrade wrote:

wayne0708 wrote:VIX does not look good

Is this not more like the 13.90 hit on the middle of the bollingerband?

I think he means support at mid BB, not looking good for equity market.

Richarab wrote:Twerking..

(see pm)

fehro wrote:Gas attack reported in Syria...

Probably doesn't matter,Putin all ready told Obama to STFU