Cobra's Market View

TODAY IS A MAJOR CYCLE LOW BUY DATE

rpccharts wrote:TODAY IS A MAJOR CYCLE LOW BUY DATE

What category; equities, metals, miners....

well, guess that's it for today. a strong day, but one day doesn't make a trend, so let's see if any follow up tomorrow. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp

rpccharts wrote:ES 1468 NEXT STOP

lol why 1468?

rpccharts wrote:TODAY IS A MAJOR CYCLE LOW BUY DATE

The low was down there, made a few hours ago.

Not that anyone cares BUT I bought some NUGT as a hedge. Strong move end of day always worries me. Although Petsamo would probably point out close at HOD likely gap down next day

This looks nice, should move up to 1455ish and perhaps even further. Bye guys

Just came back from meeting and
WHOAAAA!!! ROCKING!!!

ClarkW wrote:Not that anyone cares BUT I bought some NUGT as a hedge. Strong move end of day always worries me. Although Petsamo would probably point out close at HOD likely gap down next day

Short term momentum looks quite good. A gap down very unlikely.

KeiZai wrote:

rpccharts wrote:ES 1468 NEXT STOP

lol why 1468?

OK never mind I am just wondering how people rocks after one wave up ... I would rather wait to past 50fib before calling higher numbers JM2C

Planning better than guessing : viewtopic.php?f=2&t=702&p=99995#p99995

uempel wrote:

ClarkW wrote:Not that anyone cares BUT I bought some NUGT as a hedge. Strong move end of day always worries me. Although Petsamo would probably point out close at HOD likely gap down next day

Short term momentum looks quite good. A gap down very unlikely.

I've found a chart which might prove me wrong Red Andrews shows resistance at Monday's high. However short term momentum looks ok and I guess this resistance will be breached.

uempel wrote:

uempel wrote:

ClarkW wrote:Not that anyone cares BUT I bought some NUGT as a hedge. Strong move end of day always worries me. Although Petsamo would probably point out close at HOD likely gap down next day

Short term momentum looks quite good. A gap down very unlikely.

I've found a chart which might prove me wrong Red Andrews shows resistance at Monday's high. However short term momentum looks ok and I guess this resistance will be breached.

14.png

Thanks for sharing Uempel