Cobra's Market View

Here's the conclusion of this week's stock picks.
viewtopic.php?f=10&t=723&p=104190#p104190

The next week's stock picks:
viewtopic.php?f=10&t=730&p=104192#p104192

ClarkW wrote:$CRB Index looking to kiss the channel before heading back up?

Thanks Clark great chart! Here is upgrade Don´t forget QE-∞ will hit the wires on november 14, if I am right and we will see nice rally into 2013 will be led mainly by commodities

KeiZai wrote:

ClarkW wrote:$CRB Index looking to kiss the channel before heading back up?

Thanks Clark great chart! Here is upgrade

CRB Weekly.png

Don´t forget QE-∞ will hit the wires on november 14, if I am right and we will see nice rally into 2013 will be led mainly by commodities

I like it KeiZai!!

Will monitor copper for a possible rebound here soon. We have positive D on Daily.
No positions, no recommendations.

ClarkW wrote:Will monitor copper for a possible rebound here soon. We have positive D on Daily.
No positions, no recommendations.

Haha u read my mind

From http://blog.kimblechartingsolutions.com/

This is 100% from the great Al Dente but I really like it so posting . Showing GDX is still is sell the rip mode but just barely

GDX Daily: Still looks bearish to me. As do 1 and 2 hour charts

ClarkW wrote:

KeiZai wrote:

ClarkW wrote:$CRB Index looking to kiss the channel before heading back up?

Thanks Clark great chart! Here is upgrade

The attachment CRB Weekly.png is no longer available

Don´t forget QE-∞ will hit the wires on november 14, if I am right and we will see nice rally into 2013 will be led mainly by commodities

I like it KeiZai!!

Hi Clark and KenZai!

Thanks for the CRB chart.
Here is my opposing take on the chart.

Looks to me, that the CRB will go to 500 and if it doesn't hold there, fall to 430 area.
It will have to hold 550 to avoid this and I don't think it will.

KeiZai wrote:
This one is for BB bro

The attachment Russell-ending.png is no longer available

Thanks boss.
here is my classic on UUP looking at gap resitanceand here is GLD and SLV both looking at 34ma resistance, sell the rip is still call for both where UUP is in buy the dip mode from my corner.

daytradingES wrote:
Hi Clark and KenZai!

Thanks for the CRB chart.
Here is my opposing take on the chart.

Looks to me, that the CRB will go to 500 and if it doesn't hold there, fall to 430 area.
It will have to hold 550 to avoid this and I don't think it will.

I see support right here, a break down then 530ish.

Financial, XLF looking at short term support, this week will tell if a buy will be in or not. see note on chart.

SMH looks like the swing buy about to fail. last stand for da bulls here.

BullBear52x wrote:Financial, XLF looking at short term support, this week will tell if a buy will be in or not. see note on chart.

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Watching same in BKX, either backtest or failed breakout

UNG is buy-able but still wait for the good entry, swing set up is still on sell, no go for bulls just yet

BullBear52x wrote:

daytradingES wrote:
Hi Clark and KenZai!

Thanks for the CRB chart.
Here is my opposing take on the chart.

Looks to me, that the CRB will go to 500 and if it doesn't hold there, fall to 430 area.
It will have to hold 550 to avoid this and I don't think it will.

I see support right here, a break down then 530ish.

The attachment 1.JPG is no longer available

The attachment 2.JPG is no longer available

Good one, I see it on strong support as well but also strong res above, kind of stucked here (possible iH&S forming) next week will be crucial for next months

Housing looks good, few months ago I mentioned possible iH&S pattern, target have not been reach yet

NYSE same as BKX, backtest or fail

TYX backtest or fail