Cobra's Market View

Out of Bounds wrote:

BullBear52x wrote:

Out of Bounds wrote:

BullBear52x wrote:Hmm...am I going to be right again?

1.JPG

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What am I looking at there?

mid to long term sell the rip is at selling zone, short term got bearish rising wedge chart pattern, it is what it is boss.

Help my old tired eyes, what is that indicator you have circled?

RSI is overbought.

THX. Wasn't sure what I was looking at.

just a reminder MA 13/34 also got bearish crossed. some times it means something

I think punish-the-shorts will be the theme this afternoon and early in the next week,
its friday and sell-the-vol is all too common
too many retail and professional bears too soon piled on (sentiment),
breadth and internals were oversold and bounced too quick back up,
now the shorts get hurt, then maybe we can go down after labor day?
GL all boardies

lets trade what's in front of us.

BA

Anyone else stymied?

another round for IYR

Out of Bounds wrote:Anyone else stymied?

Still time to catch the next leg up on Corn.

stlwater wrote:

Out of Bounds wrote:Anyone else stymied?

Still time to catch the next leg up on Corn.

It would be easier to just mail you my money. I always lose in commodities.

BullBear52x wrote:lets trade what's in front of us.

BA

I'm sure you noticed the bounce off the 20WMA and the breakout of the falling trendline and now consolidation above.

stlwater wrote:

BullBear52x wrote:lets trade what's in front of us.

BA

I'm sure you noticed the bounce off the 20WMA and the breakout of the falling trendline and now consolidation above.

a close above 166.08 (10WMA) will put the bears on hold until a retest of the highs IMHO.

Out of Bounds wrote:Anyone else stymied?

Long SPY (intraday) as of right now is what I'm seeing FWIW.

L_T wrote:

Out of Bounds wrote:Anyone else stymied?

Long SPY (intraday) as of right now is what I'm seeing FWIW.

I'm on a losing short and am looking for a drop.

one more
SBUX

GLTA, Peace!

stlwater wrote:

stlwater wrote:

BullBear52x wrote:lets trade what's in front of us.

BA

I'm sure you noticed the bounce off the 20WMA and the breakout of the falling trendline and now consolidation above.

a close above 166.08 (10WMA) will put the bears on hold until a retest of the highs IMHO.

Cool thanks, for the time frame I posted I only concentrated on mid to long term swing using 5,20, and 50 daily MA.

SPX 15m about to break down?

nothing to see. consolidation is not bad for bulls.

Out of Bounds wrote:

L_T wrote:

Out of Bounds wrote:Anyone else stymied?

Long SPY (intraday) as of right now is what I'm seeing FWIW.

I'm on a losing short and am looking for a drop.

Errr......don't worry be happy?

BullBear52x wrote:

stlwater wrote:

stlwater wrote:

BullBear52x wrote:lets trade what's in front of us.

BA

I'm sure you noticed the bounce off the 20WMA and the breakout of the falling trendline and now consolidation above.

a close above 166.08 (10WMA) will put the bears on hold until a retest of the highs IMHO.

Cool thanks, for the time frame I posted I only concentrated on mid to long term swing using 5,20, and 50 daily MA.

Understood.