Cobra's Market View

We need to finish higher than this if we're to continue the upleg. The higher the better

XIV is trying to make a move to the downside, but with this price action, looks like little effect on the indices...

Cobra wrote:I'm no bull (I actually have a sell stop somewhere , again it's not a protective sell stop, it's something more aggressive ). I mean bulls need pray here, no failure allowed.

NO NO...Not praying for the bulls..My trading is on the bearish side today.

KENA wrote:

Cobra wrote:I'm no bull (I actually have a sell stop somewhere , again it's not a protective sell stop, it's something more aggressive ). I mean bulls need pray here, no failure allowed.

NO NO...Not praying for the bulls..My trading is on the bearish side today.

I was on the bullish side at open closed position then joined bear stopped out with losses then joined bulls out partial then rejoined bulls out all now I'm thinking of joining bears only if they can trigger my sell stop which I really hope not because I had enough for today

Uempel
1 min
(ps gotcha thx)
(pps )

Houston can we spank Da bears once more before landing, over........

Excrutiating....

Cobra what you think of this ?

TraderGirl wrote:Excrutiating....

It looks like it actually may break to the upside...

I'm neutral, wait for breakout.

CarlosDK wrote:Cobra what you think of this ?

Personally I think that looks like whooey.....we won't see those highs.... and we won't see that low of a wave 3 either....IMHO...
Edit: we won't see those highs in the next week or so...

TraderGirl wrote:

TraderGirl wrote:Excrutiating....

It looks like it actually may break to the upside...

thats what im afraid of
Even tho my other vixers are leaning bear spy
nyadv refuses to give up yet
http://stockcharts.com/h-sc/ui?s=$ONE:$ ... =266005383

Cobra what do you think of this?

XIV could be breaking to the upside...

triangle breakout to upside.

IWM has a cup & handle

OK, I am seeing more and more bearish bias picture, thing need to change back to bullishness quick, here's for those who drink Heineken.

good, I'm relieved, at least I don't need take another trade today which I really don't want to. the rebound is weaker than I thought so I don't believe the target now.