Cobra's Market View

bottomed? well, i see people are still indifferent about my blog, so most likely not.

usually when people are concerned, I get spike in visits. no, i don't get it for now...

Gold
Update.
http://99ercharts.blogspot.com/2011/06/gold_08.html

Dow seems to be struggling at its settlement number (12072) from yday, even the futures have been below it most of the time, a good jump over 12072 is needed, at the same time holding up well considering the Dollar today

Prosh*res is pleased to anounce it's new ETF... Prosh*res Ultra-Cobra

Silver
Update.
http://99ercharts.blogspot.com/2011/06/silver_08.html

Crude
Update.
http://99ercharts.blogspot.com/2011/06/crude_08.html

cougar wrote:QQQ is very weak, but it should be able to bounce a little!
If it gives up again, next support is 55.27 ( Fibonacci harmonic)

Chart update:

RUT
Update.
http://99ercharts.blogspot.com/2011/06/rut_08.html

ok, indeed, another push up as I was afraid for bears. looks strong so far...

quientuves wrote:Prosh*res is pleased to anounce it's new ETF... Prosh*res Ultra-Cobra

how's the volume now? Not trade-able if less than 200K a day.

Cobra wrote:ok, indeed, another push up as I was afraid for bears. looks strong so far...

Never mind this push up. its up following 5 min bar, but 15 min stoch is point down.

Any thoughts on AAPL anyone ? I see a bear flag on the 5 min. looks pretty bearish in general . should at least re-test 330

AK84 wrote:Any thoughts on AAPL anyone ? I see a bear flag on the 5 min. looks pretty bearish in general . should at least re-test 330

60 min chart shows the rebound if any is sell-able.

Cobra wrote:

AK84 wrote:Any thoughts on AAPL anyone ? I see a bear flag on the 5 min. looks pretty bearish in general . should at least re-test 330

60 min chart shows the rebound if any is sell-able.

Thank You Cobraaa!!! You izzz.....AMAZING !

A smaller bounce on the VXX would seem to suggest sellers are getting tired rather than gaining strength.

the eye is still on QQQ, breakdown would be bad for bulls.

Not bullish gentlemen. special care is needed for Bulls.

triangle?

Cobra wrote:triangle?

Nice didn't see that one.