Cobra's Market View

USO possible intraday entry here.

L_T wrote:Check this out.

Nice one

nothing to say, seems a weak rebound so far.

beware - carl futia

December S&P E-mini Futures: Today's range estimate is 1416-1432. Friday's break was a high volume, wide range drop after a low volume, relatively narrow range rally. This is a warning that support in the 1420-25 range is likely to fail. If it does the prognosis will be for a drop which at least matches the size of the 157 point March-June drop earlier this year.

the very unique thing is usually after 5 red hourly bars, there's a rebound. now we have 12, yet, still no rebound.

NAV slammed me Friday. Today it doesn't wanna retreat

Completely off topic from The Big Picture (Ritholtz blog) that someone somewhere will find useful:

http://shialabeowulf.tumblr.com/post/33 ... ife-easier

PS if you like infographics his blog is a great one to check out every now and then.

Cobra wrote:the very unique thing is usually after 5 red hourly bars, there's a rebound. now we have 12, yet, still no rebound.

No naked shorting the Euro commodities come Nov.

2 possible targets.

“Fed considers upping QE3 size and language
Central bank could alter guidance at this week’s meeting”
http://www.marketwatch.com/story/fed-co ... =rss&rss=1

Just sold out of my KOLD for a nice +6.9% intraday profit. Off to meeting, afraid she'll ramp down into the close. Also afraid this could simply be a higher low on UNG/NATGAS. Don't think it is but just in case... Will look to buy back KOLD on strength in NATGAS over the next couple days

Al_Dente wrote:“Fed considers upping QE3 size and language
Central bank could alter guidance at this week’s meeting”
http://www.marketwatch.com/story/fed-co ... =rss&rss=1

Next rate hike will launch gold to the moon.

Damn! I knew the Feds won't let this market down.
Once you're hooked on printing/cocaine, it just never ends.

Al_Dente wrote:“Fed considers upping QE3 size and language
Central bank could alter guidance at this week’s meeting”
http://www.marketwatch.com/story/fed-co ... =rss&rss=1

trend lines... still a tad lower? divergence building on the 15m .. lacking on the 60m

Not trading but the pic speaks for it's self.

another good bull bar, seems C&H (2nd) target is possible.

I think the Feds just launched another rocket. SPX 1500 is possible now.

Cobra wrote:another good bull bar, seems C&H (2nd) target is possible.

well planned OBAMA debate bounce