Cobra's Market View

CMT wrote:IEF - if we get some volume behind today... I like what I see!

CMT, great IEF chart, thanks 4 posting, let’s see if she will hold that quad top breakout
(i.e.: if everybody keeps buying the bond mkt, they AIN’T buying stocks)

PS THANKS BARON, got yr TLT

waverider wrote:

BullBear52x wrote:IWM confirmed another selling, not on SPY just yet.

Nice one BB, here's your $VIX update:

The attachment vix.png is no longer available

my intraday vix support bulls at the mom.

TraderGirl wrote:

CMT wrote:IEF - if we get some volume behind today... I like what I see!

I am wondering why my chart looks different than yours...?? You have a new high on stock charts, and I have a lower high...???

Data feed are from different exchanges most likey.

waw4 wrote:cobrasmarketview.com's live twitter feed window of Cobra's market comments has gone dark and is not updating. -Bill

Thanks. but it's updating now. sometimes this kind of problem does happen, just wait for a few minutes.

my intraday vix support bulls at the mom.[/quote]

Agreed, it was rejected by the fan on the open.

CounterTrend wrote:

TraderGirl wrote:

CMT wrote:IEF - if we get some volume behind today... I like what I see!

I am wondering why my chart looks different than yours...?? You have a new high on stock charts, and I have a lower high...???

Data feed are from different exchanges most likey.

I'm looking at Schwab also, and it does not have a higher high either...It did break out of triangle though, good for bears is all that matters....

The bears don't want this back test to break the 1308 to much..If it holds we go back dn. Lets see.

A close above 131 is bad for bears...

Let's prey them!

proteus46 wrote:SPX failed to break the 50% Fib. retracement line (1308.62).

1 minute chart.

Second attempt at 50% Fib. line has failed.

proteus46 wrote:

proteus46 wrote:SPX failed to break the 50% Fib. retracement line (1308.62).

1 minute chart.

Second attempt at 50% Fib. line has failed.

Thanks proteus, nice chart!

Spain and Italy's bond yields are down quite a lot, yet Portugal's recently rose a fair amount.

OK spy is now confirmed another selling wave.

QQQ 1min, usually a cleaner picture
http://stockcharts.com/h-sc/ui?s=QQQ&p= ... =253691130

My HFT program trading bar is set at 500k volume spikes QQQ 1m (feedback anyone?)

BullBear52x wrote:OK spy is now confirmed another selling wave.

i got it too

I think they shipped the bulls to Mars that were cheering for 135...Boring day..waiting for the afternoon sell off. Invalid if we break 131.

TraderGirl wrote:

CounterTrend wrote:

TraderGirl wrote:

CMT wrote:IEF - if we get some volume behind today... I like what I see!

I am wondering why my chart looks different than yours...?? You have a new high on stock charts, and I have a lower high...???

Data feed are from different exchanges most likey.

I'm looking at Schwab also, and it does not have a higher high either...It did break out of triangle though, good for bears is all that matters....

Schwab bought OptionsExpress who used the Pacific Exchange. Quite a bit of difference on the daily spy between the exchanges. Not sure if Schwab is using different exchanges for account holder locations or trading platform differences.

Baron it’s just unsettling and rare that we are on same page….
Must be some kind of “soft indicator” in that…
Now a bit of covering perhaps (already?)

What higher high are u guys talkin about?

still a little bullish biased, could be an Ascending Triangle. but overall, the gap might not be filled today.

Risk on of EEM and IWM have been weaker since the open.