Cobra's Market View

break down as expected. tinted area the target.

Dive Dive Dive!!!!!!

Petsamo wrote:So who's placing bets on a gap down ?

im betting on a collapse or mini-crash.

/ES is back and forth between printing a solid green candle (sometimes reversal), and red candle... Turn tomorrow or Thursday. My more reliable chart says we are down into 17/20th then up again into 23/24th. Depending on the rally into the 23/24th would affect the potential sell-off we get after....IMHO..

A small rally could equal bigger selloff, and a large rally could equal small sell-off...??? we'll see..

TraderGirl wrote:/ES is back and forth between printing a solid green candle (sometimes reversal), and red candle... Turn tomorrow or Thursday. My more reliable chart says we are down into 17/20th then up again into 23/24th. Depending on the rally into the 23/24th would affect the potential sell-off we get after....IMHO..
A small rally could equal bigger selloff, and a large rally could equal small sell-off...??? we'll see..

thanks boss

TraderGirl wrote:/ES is back and forth between printing a solid green candle (sometimes reversal), and red candle... Turn tomorrow or Thursday. My more reliable chart says we are down into 17/20th then up again into 23/24th. Depending on the rally into the 23/24th would affect the potential sell-off we get after....IMHO..

A small rally could equal bigger selloff, and a large rally could equal small sell-off...??? we'll see..

Your chart shows how, at the moment, ES (unlike the underlying index) is up 8 days in a row. The evil speculator reported earlier today that odds for a ninth up day are 0.8%.

TraderGirl wrote:/ES is back and forth between printing a solid green candle (sometimes reversal), and red candle... Turn tomorrow or Thursday. My more reliable chart says we are down into 17/20th then up again into 23/24th. Depending on the rally into the 23/24th would affect the potential sell-off we get after....IMHO..

A small rally could equal bigger selloff, and a large rally could equal small sell-off...??? we'll see..

Yes, thank you

EvilTrader wrote:

Petsamo wrote:So who's placing bets on a gap down ?

im betting on a collapse or mini-crash.

My Spain thinks everything is honky-dory, for now.

Thanks Cobra and everyone, GLTA

request a dollar idea, please post your thought, TIA

TA Note: Not so bulls friendly alert is beeping today

another way of measured target.

Come to Papa

oh ouch
bots are big sellers too

both targets were met.

lower targets.. red trendline? followed by blue? .. but that is a bearish rising wedge... so may actually accelerate down at that point!

fib 61.8%.

Lowest tick of the day
I think it was -1100
Not sure
it's bouncing now

Cavalry time?

Al_Dente wrote:Lowest tick of the day
I think it was -1100
Not sure
it's bouncing now

Al, I have two Ticks at less than -1000. Two ticks separated in time on the same day signals a reversal of trend to me. I have seen the same earlier (but on the bullish side).

Other than this close, what a Euribore.