Cobra's Market View

well, guess that's it for today, no miracle for the 4th time as I expected. As for the short-term NORMALLY, there should be at least a lower low ahead. Thank you guys, I'll see you the next Monday.

MrMiyagi wrote:Someone brought to my attention that London markets are closed Monday and Tuesday.

No big deal, they had their reaction to our bad jobs number

SPY block trades:
trades: 529
B/S: 0.7
MF: $-645.53M

THANK YOU KING COBRA AND ALL BOARDIES

CH37 wrote:

Cobra wrote:still fighting, not looking good for bulls though.

Stockcharts.com showed daily SPY $131.50.I think it is a firm P-bar.

Master Cobra , do you think this is a kind of P-bar ? Thanks.

yes, it's P-bar.

Cobra wrote:

CH37 wrote:

Cobra wrote:still fighting, not looking good for bulls though.

Stockcharts.com showed daily SPY $131.50.I think it is a firm P-bar.

Master Cobra , do you think this is a kind of P-bar ? Thanks.

yes, it's P-bar.

It seems P-bar has stopped working recently?

DRINKS ON DA HOUSE GENTLEMEN !!!!

Cobra wrote:

CH37 wrote:

Cobra wrote:still fighting, not looking good for bulls though.

Stockcharts.com showed daily SPY $131.50.I think it is a firm P-bar.

Master Cobra , do you think this is a kind of P-bar ? Thanks.

yes, it's P-bar.

Thank you.
Good weekend.

q2model wrote:

Cobra wrote:

CH37 wrote:

Cobra wrote:still fighting, not looking good for bulls though.

Stockcharts.com showed daily SPY $131.50.I think it is a firm P-bar.

Master Cobra , do you think this is a kind of P-bar ? Thanks.

yes, it's P-bar.

It seems P-bar has stopped working recently?

P-bar is just for fun. As long as you trade with the trend, you should be mostly fine. The past P-bars happened to be all with the trend and that's why they worked.

Cobra wrote: P-bar is just for fun. As long as you trade with the trend, you should be mostly fine. The past P-bars happened to be all with the trend and that's why they worked.

They are still working at a lower success rate. As you said, just for fun and I'll keep posting them with that in mind.

Weird, one of my indicators is pointing to a gap up, India. India got spared from all that mess ... well, it didn't get hammered as much.