Cobra's Market View

Cobra wrote:hmm, phantom bar, now everyone knows the target, it's almost the same of my mini target given earlier.

You are so good! I am so impressed!

But the p-bar is NOT On 5-min chart.

Petsamo wrote:I wonder if there are big name companies out there that'll cause after-hours & pre-market prices to shoot to the moon with their knockout earnings.

As Tim Knight said "we are all Forex traders now". Earnings don't matter. Its all about insolvent Europe.

silicon_beaver wrote:But the p-bar is NOT On 5-min chart.

It's on my 5 minute chart.

Cobra wrote:hmm, phantom bar, now everyone knows the target, it's almost the same of my mini target given earlier.

As fast as the HFT robots work, they do have bugs It could be one robot forces another to show the "bottom line".

bushwaffle wrote:

jarbo456 wrote:phantom bar? anyone see that?

bearish one, so should be taken with a grain of salt...

120.1

I don't think it should be taken with a grain of salt just because it is bearish..They work both directions.

jarbo456 wrote:

Al_Dente wrote:

jarbo456 wrote:looks like we have a reverse of a reverse candlestick on the 5 minute. should indicate lower into the close today.

jar what platform u on, u ever use freestk?

TOS no, what is it?

wow, confirmed bear right into the close
freestockcharts.com .... hellaciously aggravating but fluid as water
They have zillion indicators, many never heard of b4…am testing/tweaking one called “Volatility Stop” … don’t even know what it is (their HELP glossary is one sentence), has my eyeballs popping out (kind of like SAR, only SAR lies half the time)
Anyway, will look it up b4 I get too excited

the 120.1 p-bar disappeared!

well, guess that's it for today. the feeling is more down at least tomorrow morning maybe after reading tons of evidences I'd change my mind, so nothing guaranteed. thank you guys. I'll see you tomorrow.

pdz wrote:the 120.1 p-bar disappeared!

My broker still shows it.

THANK YOU COBRA thank you very much

THANKS

Al_Dente wrote:THANK YOU COBRA thank you very much

Ha! You beat me, Al_Dente! A good thing! We ALL loooove the King Cobra! THANKS SO MUCH, COBRA!!!! You make me $$$'s.

Thanks! Cobra. Really good stuff!

My ToS is showing a bullish p-bar to 122. Is this just an error?

EDIT: Sorry for the huge image. I'll make sure that is fixed next I upload.

rhapsody1447 wrote:My ToS is showing a bullish p-bar to 122. Is this just an error?

after hours pbars aren't really anything, especially on TOS...it gives tons of them outside of market hours.

Thanks, didn't notice it was after-hours.

MrMiyagi wrote:

pdz wrote:the 120.1 p-bar disappeared!

My broker still shows it.

Still shows up in Bloomberg. Next time I call out a pbar that doesn't work, pls call me out. So far been thinking that all pbars i've been calling out have come to fruition.

Cobra wrote:well, guess that's it for today. the feeling is more down at least tomorrow morning maybe after reading tons of evidences I'd change my mind, so nothing guaranteed. thank you guys. I'll see you tomorrow.

Hi, Cobra, Would you, please, provide your thoughts on the following (if you have time):
1) Looks like very nice inverse H&S setting up on Russell
2) 15 -min chart of Russell shows we stopped dead in tracks today on top of 200MA, which (as you already mentioned) is major support
3) The 5-minute chart MACD of Russell and TNA are screaming "going up" and TZA's 5-minute "going down"

I guess I am wondering whether our bear day was today only. The TZA chart almost shouts "going into hibernation".

Unique wrote:

BullBear52x wrote:Pos D. money line bulls need to hold above this blue line, today LOD is close.

What's that bottom indicator you got there?

RSI(50)