Cobra's Market View

VIX perks up.. NDX nears LOD… dabble a small short here.

Boss, the IWM is moving higher nicely! What STO numbers would you suggest?
thanks!

(some) Breadths are making new highs

te_fern wrote:Boss, the IWM is moving higher nicely! What STO numbers would you suggest?
thanks!

Me?
On 1min IWM I use FULL STO 144,3,21
Or FULL STO 144,3,25
it's pretty overbought and on "prepare to exit" mode
but that's just INTRADAY and no other timeframes

intraday buy coupon hasn't been used. I see Negative D. but dip will be bought, until then.....

something like this.

Al_Dente wrote:

te_fern wrote:Boss, the IWM is moving higher nicely! What STO numbers would you suggest?
thanks!

Me?
On 1min IWM I use FULL STO 144,3,21
Or FULL STO 144,3,25
it's pretty overbought and on "prepare to exit" mode
but that's just INTRADAY and no other timeframes

added chart:

Al_Dente wrote:

Al_Dente wrote:

te_fern wrote:Boss, the IWM is moving higher nicely! What STO numbers would you suggest?
thanks!

Me?
On 1min IWM I use FULL STO 144,3,21
Or FULL STO 144,3,25
it's pretty overbought and on "prepare to exit" mode
but that's just INTRADAY and no other timeframes

added chart:

126one.png.png

Raise stop TNA to 98.43 tight
out soon
Me trying to catch the BEST exit:

Clockworks.

maybe the pullback would be bought around here.

Al_Dente wrote:

te_fern wrote:Boss, the IWM is moving higher nicely! What STO numbers would you suggest?
thanks!

Me?
On 1min IWM I use FULL STO 144,3,21
Or FULL STO 144,3,25
it's pretty overbought and on "prepare to exit" mode
but that's just INTRADAY and no other timeframes

Thank you! I guess we call everyone boss! LOL! Have to figure out if I'm day trading or swing trading!

Stopped out, too soon
NOT complaining

ELSEWHERE, in Silicon Valley:
“Internship salaries in engineering and product management can exceed $6,000 a month, but full-time salaries are even more impressive. According to data collected by Jesse Collins, a Valley intern-turned-employee, the average annual salary for a first-year Silicon Valley worker is more than $105,000, plus a nearly $13,000 stock bonus and almost $26,000 cash bonus. The national wage index is $48,098.63, according to data last compiled by the Social Security Administration in 2015, or about a third of what an entry-level engineer might earn at Facebook or Amazon.com.”
[Bloomberg]

There is no catalyst for the market to move.

To da moon .....

Welcome to the North pole.

[quote="Al_Dente"]Stopped out, too soon
NOT complaining

Still have my TNA, but I got in later today since my internet was down all morning. Will start looking to sell shortly...

breakout line on /es is 2209 on my chart.

BullBear52x wrote:Welcome to the North pole.

Be careful Santa, seasonality suggests a downturn prior to the 15th.

IWM nATH NDX still weak.

ALdaytrade wrote:

BullBear52x wrote:Welcome to the North pole.

Be careful Santa, seasonality suggests a downturn prior to the 15th.

/es 2186.75 is hard stop, bulls got nothing to worry other than intraday which Santa should clean his sled by end of day.