Cobra's Market View

daytradingES wrote:both LOD and HOD in place

Are you saying it will be a range day?

INDEX 20d almost tags all around… NDX COMPQ slip.. SPX testing.. UUP 0.02 short..

SPX MA 9 does not have a good track record as "resistance". Suggests it's going to be broken soon (MA 9 is quite good as support level...)

Am I blind or missed the Greece News!! whats happening there??

Junior Buffett wrote:Am I blind or missed the Greece News!! whats happening there??

http://www.telegraph.co.uk/finance/econ ... -live.html

Merkel warns Greek reform plans need to 'add up'
Athens waits on decision from Brussels Group over its €3bn reform plan as government fears it could run out of money in the coming weeks

http://www.marketwatch.com/story/greece ... 2015-03-30

quientuves wrote:

Junior Buffett wrote:Am I blind or missed the Greece News!! whats happening there??

http://www.telegraph.co.uk/finance/econ ... -live.html

Merkel warns Greek reform plans need to 'add up'
Athens waits on decision from Brussels Group over its €3bn reform plan as government fears it could run out of money in the coming weeks

http://www.marketwatch.com/story/greece ... 2015-03-30

Thank you..its just crazy how news been hidden..

cletus wrote:The NYAD cumulative made a new all time high ahead of the SPX recently. New all time highs are coming. Bears didn't see that one coming.

Cletus, it's not the first time - I don't quite understand your dismissive tone in regard to "bears". As long as you are making money with longs everything is fine - and the more bearish sentiment there is the better for the bulls. I just don't quite understand your irritation in regard to humans or algos or fundmgrs who are selling for whatever reason. Please explain.

Finding support.

2nd test of day high, 40% chances of double top, wait. I think unlikely it's double top thought.

AMBA having another run.

SPX.. looks like a little bull flag.. all about the 20d SMA today.. bulls want a close above.. bears below. . few indicators showing weakness as we head into the lunch hour.. still mind the morning gap..

ascending triangle, so bias is up

getting ready for a push up?

Out of Bounds wrote:

daytradingES wrote:both LOD and HOD in place

Are you saying it will be a range day?

Hi OOB

Sorry for the late reply .
Yes.

I was rushing at the open but still need to get up earlier.
With a range est of 11.75 and the L2064.75 => 2076.50 and we had 2076.25 at 9:01
so it had met the range target -

SPX at 10 Bollinger overhead.

SPX..nearing hourly MA's

Market update in this excerpt from IBD.

Downside pBar just popped on SPY, target is $205.78.
Plenty of upward targets still open.

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