Cobra's Market View

mini breakout DUST

ZSL testing yest hi
doub top

support. key time.

Unique wrote:My indicators show today is another consolidation day for SPY.

Good luck everyone
viewtopic.php?f=2&t=655&p=92206#p92206

Same thing today, with an exception for slight potential in afternoon. Indicators show this afternoon SPY can see some true movement unlike yesterday's consolidation day.

note bots started buying
on a lower low

note TLT

Al_Dente wrote: Everything should clarify as soon as Ben opens his Jackson pie-hole on friday

The attachment 829follow dollar.png is no longer available

Not too fast, it may be a non event.

Consumer confidence composite suggest a down market ahead Check this out when you have time
http://advisorperspectives.com/dshort/g ... Broken.php

SPY will come out of this triangle but which way? Keep an eye on VIX for a clue.

trendlines... seems like a bigger move is imminent

nothing to say, wait for breakout. this market is dead.

Trying to trade ES or DAX prior to Jackson Hole is a waste of time. I'm off for today, and I might as well do something else tomorrow too

Check the big BPSPX chart, suggests a big move either on Friday, or more likely next Tuesday

Harapa wrote:

Al_Dente wrote: Everything should clarify as soon as Ben opens his Jackson pie-hole on friday

The attachment 829follow dollar.png is no longer available

Not too fast, it may be a non event.
Consumer confidence composite suggest a down market ahead...Check this out ...
http://advisorperspectives.com/dshort/g ... Broken.php

thanks boss
here's trin

The day is still very young, but wondering if transports might be trying to bottom here.

No change.
Net Long with longs and shorts.
My trend signal is long (pretty solid but a few chinks appearing in the armor).
My Summation Index signal is short (anticipatory turn signal with ho hum probabilities but can pay off catching turns early).

Feels like energy is building up for a burst one way or another or both.

Harapa wrote:

Al_Dente wrote: Everything should clarify as soon as Ben opens his Jackson pie-hole on friday

829follow dollar.png

Not too fast, it may be a non event.

Consumer confidence composite suggest a down market ahead

LR-consumer-confidence-composite-082812.png

Check this out when you have time
http://advisorperspectives.com/dshort/g ... Broken.php

Harapa, I'm expecting a false breakout to the upside prior to a downmove, but that's guessing... I'm off. Bye guys.

Hi Cobra and others who keep me learning and laughing,
Congratulations on your charts Cobra and thank you for all you do
I was skimming through them last night and even though I will still vote for you everyday, do we have to keep the votes up in order for you to keep your charts.

revisit morning low, key time.

triangle? not sure.

the 3rd touch of the low, not good for bulls because it'd likely break.

break. not sure how to measure the target.