Cobra's Market View

rising wedge

Al_Dente wrote: Which one is it for today I mean tomorrow open?]

Actual call is made based on Gapper's posturing ~3:30 PM EST, so stay tuned!

Thought provoking chart - THANKS!

-D

toddymc wrote:Either breakdown here or....
possible gap down(SPX) tomorrow if she holds here

VIX Chart target.jpg

Reversal candles everywhere, even Apple...

Harapa wrote:

Al_Dente wrote: Which one is it for today I mean tomorrow open?]

Actual call is made based on Gapper's posturing ~3:30 PM EST, so stay tuned!

got it
Doc 81% and 89% is as good as it gets for me
Is the “n” number of instances enough yet?
(Are we there yet?)
Nevermind, I’ll be patient, I mean it, no LOL, let's not jump the gun........

knock wrote:rising wedge

I see that on SPY

TraderGirl wrote:Reversal candles everywhere, even Apple...

For tomorrow I gather?

MrMiyagi wrote:

TraderGirl wrote:Reversal candles everywhere, even Apple...

For tomorrow I gather?

Yes they usually affect the next day...

Here is one on XLE

i always thought teabagger was when you put your balls in someone's face while their sleeping. atleast thats what we called it in college

Al_Dente wrote: Is the “n” number of instances enough yet?
(Are we there yet?)
Nevermind, I’ll be patient, I mean it, no LOL, let's not jump the gun........

We will never be there, this is statistics, never 100% sure. BTW, this data looked at recent 208 trading days (limit imposed by the availability of intraday data).

Hello wussies what r u waiting for come on get with the program
Actually if the wussies won’t cover more here (and they’re not exactly racing to cover zzzzzzz)
That is bearish
And every time I have ever said that in the history of ever…… the wussies zoom in and whoosh cover…
At the moment it’s HL higher low intraday, scalpers have the sqz goggles on

[quote="Denali92"]Thought provoking chart - THANKS!


You're Welcome!! I'd be nervous holding long here unless we close below that
trendline..On the VIX chart that is--- But other indicators are urging caution like XIV--

My MO reading is on the overbought side at the moment.
Could get more overbought, but it puts me in top hunting mode.
Trigger finger is twitching...

I see bunch of resi here (not shown all on chart)...for the first time...hmmm...I don´t know I am sceptical
Have a good one

Harapa wrote:

Al_Dente wrote: Is the “n” number of instances enough yet?
(Are we there yet?)
Nevermind, I’ll be patient, I mean it, no LOL, let's not jump the gun........

We will never be there, this is statistics, never 100% sure. BTW, this data looked at recent 208 trading days (limit imposed by the availability of intraday data).

http://www.youtube.com/watch?v=4Ga9Bs4f ... re=related

KeiZai wrote:I see bunch of resi here (not shown all on chart)...for the first time...hmmm...I don´t know I am sceptical

The attachment ES-29.png is no longer available

Have a good one

Yes, there is resistance there

Hi All. It seems things have calmed down. From 1468 to 1340.25 on ES; I show 1419-1420ish is the 61.8% retracement. This is the area that I watching. Any thoughts?

still looks like a breakout is likely. wait.

Must be running "go to sleep" program so traders will be zzzzzz when it finally breaks out.

Cobra wrote:still looks like a breakout is likely. wait.