Cobra's Market View

CarlosDK wrote:Cobra you said we would reach new highs after today ,, still think we rally up big tomorrow ?

where I said we'd reach new highs after today?

First sell the rip spot on this run down.

Cobra in your daily outlook for markets ,, you said pullback today and then new highs. or SPY 142.

DJT bear flag in the making???

still this could be C&H, but let's wait for the breakout first, as the chart is ambiguous.

TraderGirl wrote:Trading in a triangle, a fall through the triangle would give way to lower prices....

Maybe…but right now I am hedged on SPY: long May (monthly) 139P and short weekly 140P (which should expire worthless in 2 days)

Another breakout attempt....

breakout, so maintain the C&H target.

Tradergirl Karen st, says tomorrow is a bearish day by planets, you agree ?

whether this push up could reach the target would determine the bulls fate today, so it's a very critical push up!

Anaconda wrote:Cobra,

Still have open gap to 140.65 on SPY. (Aligns nicely with recent p-bar to 140.7) Good probability to fill.

A.

Gap almost closed. Trailing stop on SPY MayWk1 calls at 140.55.
GLTA.
A

PS - Nice to see you back Cougar.

cougar wrote:

TraderGirl wrote:Trading in a triangle, a fall through the triangle would give way to lower prices....

Maybe…but right now I am hedged on SPY: long May (monthly) 139P and short weekly 140P (which should expire worthless in 2 days)

I'm holding longs from the lows, but trading the dips and rips. Looking to get out of all longs around the 11th....then look to buy back around 15/16th and re-assess...

if we bounce into tomorrow, I will sell it, and if we are at a low on Friday/Monday, I will be buying it into the 11th.

2 bar reversal, wait...

Let's see if the signal is valid:

I still don't like what aapl looks here: http://stockcharts.com/public/1684859/c ... /260183775;

still sell the rip set up short term.

another failed breakout....

not looking good, now my 5th call on the downside stands a chance!

Update:

my wild-est-est-est guess!