Cobra's Market View

this is final close number. guys, you tell me if uempel own me beer?

Cobra wrote:hmm, what did uempel say? close below 1377?

I saw a P-bar on SPY, do you ?

Cobra wrote:

uempel wrote:

Cobra wrote:some resistances here. 13 min to close, anything could happen, so no idea.

I know that you don't drink, but I'd buy you a beer if SPX closes below 1376/77...

have my fingers crossed.

I don't drink ONLY IF I HAVE TO PAY!

1376.89 - no free beers for you tonight...

Cobra wrote:this is final close number. guys, you tell me if uempel own me beer?

I say you have a beer coming!

uempel wrote:

MrMiyagi wrote:Gap up in the morning is what my Koi is telling me.

Yes...

I hope so...

uempel wrote:

Cobra wrote:

uempel wrote:

Cobra wrote:some resistances here. 13 min to close, anything could happen, so no idea.

I know that you don't drink, but I'd buy you a beer if SPX closes below 1376/77...

have my fingers crossed.

I don't drink ONLY IF I HAVE TO PAY!

1376.89 - no free beers for you tonight...

close below 1376/77 = close below 1377. SPX closed at 1376.92. 1376.92 < 1377. So I should get free bees, shouldn't I?

CH37 wrote:

Cobra wrote:hmm, what did uempel say? close below 1377?

I saw a P-bar on SPY, do you ?

yes.

Cobra wrote: close below 1376/77 = close below 1377. SPX closed at 1376.92. 1376.92 < 1377. So I should get free bees, shouldn't I?

How 'bout I save you the trouble and send you some honey instead?

MSFT jump 2+%. Will that lift up the whole world tomorrow (similarly like what AA did last week)?

Petsamo wrote:So who's placing bets for a gap down ?

It would need a big drop in Europe. I see a wounded animal fighting for its life as they aren't buying now with this HFT activity....they are seeking out moments where they can bid and move prices but they aren't drawing in buyers and will likely soon be looked at by sellers as bids to hit. .

I think the Death Throes of the Market are in place. What should never have happened may well be undone by the time it is over.

SPX: Maybe price unfolding a Triangle wave (B)

VIX : I like the project of an inverted H&S