Cobra's Market View

fehro wrote:VIX daily.... hmmm double top?... or break out?

What do you think Fehro??

NORMALLY, this bear shall have legs but if we still repeat the past several day patterns, then the low was in, we should from now on up and up until 1 or 2 pm then down, then up before close. let's see.

Possible US downgrade rumor.. floating around.. careful.. SEPTEMBER employment report will NOT be issued tomorrow.

http://www.best-news.us/news-5547262-Un ... eased.html

now we are in bear territories

Short.

My summation index signal is down. It was neutral for the R2K but turned down this morning.
My composite trend signal is neutral. A bad day could turn it down.

I will try and post some thoughts later. Have to run to the dentist right now.
Another one of my principles is that the market tends to move big when you are unavailable...

bulls will need to wake up here, pronto

"We're never going up again!!!"

Snog daily is still bearish.

Al_Dente wrote:bulls will need to wake up here, pronto

climb_png.png

Al can we get an update on that 5 minute chart you posted a few days back? Please?

Al_Dente wrote:bulls will need to wake up here, pronto

climb_png.png

Ewwwwwaaaa... I can't sleep in a tent as it is and I'm always laying in my bag having to urinate but not wanting to get out and go do it.. can you imagine this? No effing way.

L_T wrote:

Al_Dente wrote:bulls will need to wake up here, pronto

Al can we get an update on that 5 minute chart you posted a few days back? Please?

which one?

nydec = 2200
here are the 5 min internals

Al_Dente wrote:

L_T wrote:

Al_Dente wrote:bulls will need to wake up here, pronto

Al can we get an update on that 5 minute chart you posted a few days back? Please?

which one?

nydec = 2200
here are the 5 min internals

103five.png

This one:

download/file.php?id=51754&mode=view

Possible double bottom forming on the SPY from the drop Monday, with possible positive divergence on the 1 and 4 hr charts?

BigChief wrote:Possible double bottom forming on the SPY from the drop Monday, with possible positive divergence on the 1 and 4 hr charts?

I read it as support and consolidation at 09 Sep close. I think further drop after consolidation.

Edit:spelling

L_T wrote: This one:

It’s bear
This one is better, 30min
Here are all, 30 min

Out of Bounds wrote:

BigChief wrote:Possible double bottom forming on the SPY from the drop Monday, with possible positive divergence on the 1 and 4 hr charts?

I read it as support and consolidation at 09 Sep close. I think further drop after consolidation.

Edit:spelling

50SMA is going to break now

SPX 60m... still having a little slow problem with the blog.. and loading..fwiw.
Watch the green line.. we break that it could get fugly fast

stlwater wrote:

Al_Dente wrote:bulls will need to wake up here, pronto

Ewwwwwaaaa... I can't sleep in a tent as it is and I'm always laying in my bag having to urinate but not wanting to get out and go do it.. can you imagine this? No effing way.

just 4 u

the "waterfall" in the averages may have begun

It looks like the 50 dma is starting to turn over too

Vaamsy wrote:

Out of Bounds wrote:

BigChief wrote:Possible double bottom forming on the SPY from the drop Monday, with possible positive divergence on the 1 and 4 hr charts?

I read it as support and consolidation at 09 Sep close. I think further drop after consolidation.

Edit:spelling

50SMA is going to break now

What time frame? Daily is already smashed.