Cobra's Market View

Posted: **Fri Mar 23, 2012 10:03 am**

/ES here 1377 support any thing else is resistance.

Posted: **Fri Mar 23, 2012 10:04 am**

nothing to say, I'm neutral. bears are in a little bit better shape though.

Posted: **Fri Mar 23, 2012 10:04 am**

NDX: Still looking for at least a 2 down legs pullback

Posted: **Fri Mar 23, 2012 10:05 am**

unexpected drop in new home sales, just now, bots sell on that news
1 min

Posted: **Fri Mar 23, 2012 10:05 am**

the 3rd test, hold your breath.

Posted: **Fri Mar 23, 2012 10:07 am**

Update - I forgot to show 1388 on the previous chart.

Posted: **Fri Mar 23, 2012 10:07 am**

all other leaders have made the lower low already.

Posted: **Fri Mar 23, 2012 10:11 am**

not a confirmed break down yet, but bears could dream a little about their target now.

Posted: **Fri Mar 23, 2012 10:12 am**

A different look at 1388:

Posted: **Fri Mar 23, 2012 10:13 am**

oh cobra ..." I HAVE A DREAm..?".
you are so cool, you make me laugh every time. thanks for throwing the humor I love it . !!!!

Posted: **Fri Mar 23, 2012 10:13 am**

a consolidation here instead of a rebound will be good for bears (kind like dream come true).

Posted: **Fri Mar 23, 2012 10:14 am**

OK my lead man say it's buyable now intraday guru.

Posted: **Fri Mar 23, 2012 10:15 am**

Close-up of previous chart, 1388 is broken - either bearish or a trap.

Posted: **Fri Mar 23, 2012 10:17 am**

$RUT is in the process of closing the gap up from 814 on 3/13.

Posted: **Fri Mar 23, 2012 10:17 am**

Cobra wrote:not a confirmed break down yet, but bears could dream a little about their target now.

Can I get an AMEN?

Posted: **Fri Mar 23, 2012 10:17 am**

normal pattern would be like this.

Posted: **Fri Mar 23, 2012 10:19 am**

Cobra, just a quick question re:charts.
When charting SLV, wouldn't be better idea to look at underlying commodity ?
Thx!

Posted: **Fri Mar 23, 2012 10:21 am**

uempel wrote:Close-up of previous chart, 1388 is broken - either bearish or a trap.
444.png

I agree with uemple right now..I will wait a few min before turning bearish?????

Posted: **Fri Mar 23, 2012 10:23 am**

home sale miss? that's ok
north korea launched missile? satellite? long live general kim

Posted: **Fri Mar 23, 2012 10:25 am**

soku wrote:home sale miss? that's ok
north korea launched missile? satellite? long live general kim

03/23/2012 Intraday Watering