Cobra's Market View

60 min spy ChiOsc (second panel in gold) is suggesting a bounce but it is just a suggestion, and spy is ignoring it at the moment.
But spy cannot long ignore her own volume pattern… can she? (reduced selling volume)

Al_Dente wrote:60 min spy ChiOsc (second panel in gold) is suggesting a bounce but it is just a suggestion, and spy is ignoring it at the moment.
But spy cannot long ignore her own volume pattern… can she? (reduced selling volume)

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Awesome, Al! Thanks for sharing

L_T wrote:

TraderGirl wrote:TZA....

Still long?

Took my profits yesterday...too early, but charts said a possible low and bounce today... but may be delayed until tomorrow or next Tuesday...

EURUSD: Coincidence ? Maybe another Ending Diagonal

Pets,
There is no since complaining about the health care law. It is the law, it’s here to stay. It’s good for some and some don’t like it BUT like it or not, it is the law.

I think it’s time for people to stop crying about spilt milk.. It’s over, it’s done!!!!
If you want to complain about something, find something that you could actually change. That would be constructive and benefit the people in the world.

consolidation, direction is not clear.

TraderJoe wrote:Pets,
There is no since complaining about the health care law. It is the law, it’s here to stay. It’s good for some and some don’t like it BUT like it or not, it is the law.

I think it’s time for people to stop crying about spilt milk.. It’s over, it’s done!!!!
If you want to complain about something, find something that you could actually change. That would be constructive and benefit the people in the world.

You're asking me not to cry over people who have lost jobs or will lose jobs, "spilt milk".

I am happy with my NUGT today, I bought it the other day and I added to it today near the $14 mark. I'm thinking about getting out, what your take TraderGirl???

DUST looks like a bear flag, within a possible bullish wedge...one more low to get some pos d, then up??

If we end at the lows of the day, I wonder if they're gonna gap this thing up

TraderJoe wrote:I am happy with my NUGT today, I bought it the other day and I added to it today near the $14 mark. I'm thinking about getting out, what your take TraderGirl???

Our minds must be melding...I was working on this chart without seeing your post...

back to the day low again, key time. I'm clueless.

TraderGirl wrote:

TraderJoe wrote:I am happy with my NUGT today, I bought it the other day and I added to it today near the $14 mark. I'm thinking about getting out, what your take TraderGirl???

Our minds must be melding...I was working on this chart without seeing your post...

That's good for me, you know a LOT!!!!!

SB73 wrote:looks to me that assuming no hail mary this will just keep grinding lower all day long in a channel until the bulls have capitulated.

Cut half shorts stop loss on the other 1/2 at breakeven...a littl Cobra trick

Bamma and Bernank are not taking this second term election seriously.. bastards!!

NUGT daily chart looks very nice, a run to 18$ would not surprise me here with gold and HUI move.

Al. I'm anxious for the market to close so I can check out your GDX Daily swing chart using $BPGDM. Curious if today's move changes anything

MrMiyagi wrote:Bamma and Bernank are not taking this second term election seriously.. bastards!!

NUGT daily chart looks very nice, a run to 18$ would not surprise me here with gold and HUI move.

I have Dec 15 calls so I may hold them a while..

I think AAPL needs to pay for some snuggle time because it's getting no love whatsoever........sorry that's kinda lame!

SPY

one target fulfilled and here's another target. I'm still clueless.