Cobra's Market View

SPX D/60m

VIX 53 + 81% weekly

SPX

prices

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Tutti wrote:

finman66 wrote:Anyone seen Cletus ??

...that guy

uempel wrote:

Tutti wrote:

finman66 wrote:Anyone seen Cletus ??

...that guy

1926.50

morning hourly hollow red. drop below the bar low eventually? wow, I cannot imagine that.

Cletus, and I've been wondering where Racer has been. He hasn't posted in forever. Some of his stuff was out there, but a lot of his insights and postings were thought provoking

Cobra wrote:morning hourly hollow red. drop below the bar low eventually? wow, I cannot imagine that.

A scary thought indeed.

One good news, this morning took out the 184 pbars from Oct.

Does anyone use ameritrade? I am not even able to login.

2011 left, 2015 right.. expect chop for a few days.. seems 2014 OCT lows are begging to be taken out.. then bounce hard, then rollover again?

9:51 AM 8/24/2015
http://screencast.com/t/NbzJheM1imxi

Unique wrote:

Unique wrote:I'm long TSLA+GOOGL shares vs morning low

Done for the day, will keep the TSLA+GOOGL shares for a few days vs today's low. Probably should had bought QQQ instead, oh well.
No need to overthink things

ES 1968 target. 6minutes until hourly close. We closed above 1890 last bar.

We're about to squeeze Leg 2 here...1h 20ema = 1936, and double confirmation bulls at 1943.75

TSLA+GOOGL doing well, might need to take some profits actually at gap fill 230 and 644 respectively. Not sure if I still want to hold a few days...

...........

worth watching oil.. crazy I know.. USD some targets tagged.

/CL .. short covering rally? to shore up weak portfolios?.. not sure.. and OPEC is squirming... still short of the 2008 lows, and the 20y channel low trend

VIX totally broke the daily.. chart.. + long term weekly..