Cobra's Market View

uempel wrote:Update:

The attachment SPX2.png is no longer available

Support here at your 78 MA (purple)?

OK, I was wrong. this bear may have legs. It's H&S top.

Mr. BachNut wrote:

Denali92 wrote:Rare event next week - market closed for Good Friday so NO OPEX day trading!

-D

Completely did not have that on the radar. Thank you.

You know they'll be able to game that somehow.

After yesterday, very little POMO left between now and then. Projection for end of next week is around 1809. Be interesting to see how they keep the market afloat.

.

Nice chart

VIX 15m .. popped out of the congestion

INDEX dailies.. TLT pressing.

Already broken?

uempel wrote:Already broken?

SPX6.png

Broken

SPX 5m.. H&S target hit.. need to check 15m, 60m.. for lower levels of support.. another interday gap 1862ish

SPX 15m

USD/JPY daily

Today VIX is 14.61 and VXN is 18.81

XOM at the money call option implied volatilities are 13.03 and AAPL at the money call implied volatilities are 15.81%

XOM call volatility is undervalued relative to VIX

AAPL call volatility is undervalued relative to VXN

So smart money may be buying Equity calls as high as 247% on the Equity Indices, suggesting Market UP

http://www.ise.com/market-data...

Of course this may not be easy to do in the face of a declining intraday market

Mr. Miyagi must have awakened. Looking for 185.08 PBar from yesterday

SPX 15m

VIX 15m.. popped over 20d, 200d, .. as SPX moved below 20d

$SPX: Possible s/t count

Heck wrote:Today VIX is 14.61 and VXN is 18.81

XOM at the money call option implied volatilities are 13.03 and AAPL at the money call implied volatilities are 15.81%

XOM call volatility is undervalued relative to VIX

AAPL call volatility is undervalued relative to VXN

So smart money may be buying Equity calls as high as 247% on the Equity Indices, suggesting Market UP

http://www.ise.com/market-data...

Of course this may not be easy to do in the face of a declining intraday market

not a good comparison:
1. beta?
2. underlying period?

key time, wait to see if bulls can make a double bottom here.

Thought it would hold. ugly.