Cobra's Market View

Unique wrote:Cobra, so you're saying 119.2 is gonna hold today..

I have a tough time seeing that

You gonna answer this or what? Lol...

Proud of you, Cobra Da.

Cobra wrote:Perfect, I made all the score today.

Great call and I followed your call at the last top ...

niu!

Cobra wrote:Perfect, I made all the score today.

Thanks Cobra much appreciated!

well, I just want to remind all the bears here: despite all the negative signs, the chart pattern looks unbelievably strong, a consolidation at an important resistance usually means a blast to the upside, so be careful here, don't get too bearish!

Bears look weak.

watch red line here, will dow (dia) lead?

I'm not sure if Russell 2000 can break out firmly. Just closed my calls on IWM.
Should I short it?

Cobra, U r amazing!
So, 1 Hour away, should be closed below.
But can we revisit 118.2 today? There's a huge gap down there.

Keep this chart in mind for short term

I followed Cobra's evil plan and made three successful scalps.

Cobra is Invincible today!!!

bears looking a little better..

man I got scalped.

I'm down $85 for the day. No fun.

Cobra wrote:well, I just want to remind all the bears here: despite all the negative signs, the chart pattern looks unbelievably strong, a consolidation at an important resistance usually means a blast to the upside, so be careful here, don't get too bearish!

roger that!

laoguo wrote:I followed Cobra's evil plan and made three successful scalps.

Cobra is Invincible today!!!

next time, don't follow, have your own system, please. It's just a watering thread. Trading and forecast are totally different thing. Trading involves more, such as the entry, the exit and the stop loss while forecast is much easier, only need 30% similar, that's it. So please, don't follow the next time.

green line is the key to watch, cannot decisively breakdown, then bears are over. So far the big picture does not look bearish, still looks like a consolidation before breakout.

new high of the day coming.

Cobra wrote:

laoguo wrote:I followed Cobra's evil plan and made three successful scalps.

Cobra is Invincible today!!!

next time, don't follow, have your own system, please. It's just a watering thread. Trading and forecast are totally different thing. Trading involves more, such as the entry, the exit and the stop loss while forecast is much easier, only need 30% similar, that's it. So please, don't follow the next time.

Cobra, can you put back the X on my name? this market move too slow, I need to x it

This is the bullish scenario targeting 1205 - this would put a buy signal on the P&F chart..