Cobra's Market View

GOOD News for VXXers or the XIVbears
I got a sell warning light on, here is the sell, a rebound back to 20.67 or a roll down below LOD.

Paging TraderGirl:

Any turn dates coming up. I know we recently had a new moon but that did not put a dent into this run-up.

Miyagi: Any new P-bars. Also can u see if there are any (bullish) P-bars on XLE, OIH, etc.? (oil-patch).

deeko wrote: you're the best!

Thanks. but i'm not the best. the fact I'm trying to sell everyone here my daily report proves that I'm not the best, although I'm working hard toward so, hopefully one day. My report is good to learn TA though, that's honestly speaking.

I really hope it's a bull flag and price surge before the close so that I can dump my longs today.

Nrsimha wrote:Paging TraderGirl:

Any turn dates coming up. I know we recently had a new moon but that did not put a dent into this run-up.

Miyagi: Any new P-bars. Also can u see if there are any (bullish) P-bars on XLE, OIH, etc.? (oil-patch).

18th is a strong turn day +/-....also uempel has a big turn next Tues...Monday closed...

TraderGirl wrote:

Nrsimha wrote:Paging TraderGirl:

Any turn dates coming up. I know we recently had a new moon but that did not put a dent into this run-up.

Miyagi: Any new P-bars. Also can u see if there are any (bullish) P-bars on XLE, OIH, etc.? (oil-patch).

18th is a strong turn day +/-....also uempel has a big turn next Tues...Monday closed...

so you see a reversal tomorrow? this will correspond with Demark's 13th = exhaustion.

BullBear52x wrote:GOOD News for VXXers or the XIVbears
I got a sell warning light on, here is the sell, a rebound back to 20.67 or a roll down below LOD.

Thank you BB for indicating. What is the upside on VXX and downside target on XIV. If you short xiv where do you exit? TIA!

BullBear52x wrote:GOOD News for VXXers or the XIVbears
I got a sell warning light on, here is the sell, a rebound back to 20.67 or a roll down below LOD.

Reversal candle still valid...

Here is the proper rookie way to trade XIV this time. No Projection target but VIXies are not cheap, the pay outs are good.

I really don't like if $VIX would close in green today. I'll explain to members if indeed. https://stockcharts.com/public/1684859/ ... /122111957;

Cobra wrote:

deeko wrote: you're the best!

Thanks. but i'm not the best. the fact I'm trying to sell everyone here my daily report proves that I'm not the best, although I'm working hard toward so, hopefully one day. My report is good to learn TA though, that's honestly speaking.

Dunno, Cobra. Been doin' this a long time, and I don't think I've seen someone who puts it on the line each day like you, and nails it so often.

Not the best? A contender for the best, at the very least.

Just voted ...

deeko wrote:

TraderGirl wrote:

Nrsimha wrote:Paging TraderGirl:

Any turn dates coming up. I know we recently had a new moon but that did not put a dent into this run-up.

Miyagi: Any new P-bars. Also can u see if there are any (bullish) P-bars on XLE, OIH, etc.? (oil-patch).

18th is a strong turn day +/-....also uempel has a big turn next Tues...Monday closed...

so you see a reversal tomorrow? this will correspond with Demark's 13th = exhaustion.

I don't see a reversal candle on the Dow or SPX as of yet...but most likely see a top in the next day or so...the reversal on the 17/18th is pretty strong...

Might not a bad idea to hedge silver here just in case it was corrective abc

TraderGirl wrote:

Nrsimha wrote:Paging TraderGirl:

Any turn dates coming up. I know we recently had a new moon but that did not put a dent into this run-up.

Miyagi: Any new P-bars. Also can u see if there are any (bullish) P-bars on XLE, OIH, etc.? (oil-patch).

18th is a strong turn day +/-....also uempel has a big turn next Tues...Monday closed...

Also, if you could take a peek at the daily chart for F (Ford Motor Co.) -- it looks a bit toppy !!

TraderGirl wrote:

deeko wrote:

TraderGirl wrote:

Nrsimha wrote:Paging TraderGirl:

Any turn dates coming up. I know we recently had a new moon but that did not put a dent into this run-up.

Miyagi: Any new P-bars. Also can u see if there are any (bullish) P-bars on XLE, OIH, etc.? (oil-patch).

18th is a strong turn day +/-....also uempel has a big turn next Tues...Monday closed...

so you see a reversal tomorrow? this will correspond with Demark's 13th = exhaustion.

I don't see a reversal candle on the Dow or SPX as of yet...but most likely see a top in the next day or so...the reversal on the 17/18th is pretty strong...

Chinese GDP reversal? GDP numbers late tonight.

TraderGirl wrote:

deeko wrote:

TraderGirl wrote:

Nrsimha wrote:Paging TraderGirl:

Any turn dates coming up. I know we recently had a new moon but that did not put a dent into this run-up.

Miyagi: Any new P-bars. Also can u see if there are any (bullish) P-bars on XLE, OIH, etc.? (oil-patch).

18th is a strong turn day +/-....also uempel has a big turn next Tues...Monday closed...

so you see a reversal tomorrow? this will correspond with Demark's 13th = exhaustion.

I don't see a reversal candle on the Dow or SPX as of yet...but most likely see a top in the next day or so...the reversal on the 17/18th is pretty strong...

Thank you. Long red candle on 1 min. SPY with volume right now

BullBear52x wrote:Here is the proper rookie way to trade XIV this time. No Projection target but VIXies are not cheap, the pay outs are good.

You are saying first it will rebound to 20.67 before it roll over? Thx.

JFR wrote:

Cobra wrote:

deeko wrote: you're the best!

Thanks. but i'm not the best. the fact I'm trying to sell everyone here my daily report proves that I'm not the best, although I'm working hard toward so, hopefully one day. My report is good to learn TA though, that's honestly speaking.

Dunno, Cobra. Been doin' this a long time, and I don't think I've seen someone who puts it on the line each day like you, and nails it so often.

Not the best? A contender for the best, at the very least.

Just voted ...

Thanks.

JFR wrote: Dunno, Cobra. Been doin' this a long time, and I don't think I've seen someone who puts it on the line each day like you, and nails it so often.
just voted ...

+1