Cobra's Market View

possible H&S Top in the forming.

AAPL not good looking, could be a descending triangle in the forming.

NDX says a lot of people are being fooled by the banks trying to prevent the inevitable here. Maybe The Lloyd will be jailed if the mkt tanks!

Cobra, on your stockcharts.com posting, what is the top line/indicator for the non-stop model? I can't seem to get that to come up using stockcharts.

The one that has "Generally, the most reliable sell signall is the CPCE..."

Thanks for your posts!

I see volume surge, not sure if it means something, wait.

stktrader wrote:Cobra, on your stockcharts.com posting, what is the top line/indicator for the non-stop model? I can't seem to get that to come up using stockcharts.

The one that has "Generally, the most reliable sell signall is the CPCE..."

Thanks for your posts!

See attached. You should use RSP:$CPCE as the main chart, then set the chart hidden, put the SPY behind the price. Moving average parameters are for references, they don't make huge difference when trying different numbers.

Looks like the Bradley date of the 23rd represented a low. Looks like we could head lower into Thursday, but from what I am seeing it will not go below the low of the 23rd....

There is a possibility we head lower from here, but it looks like there could be a bounce mid-day tomorrow, don't know if it will be a higher high than today, but looks like a potential bounce in any case, then down into Thursday...FWIW...

BullBear52x wrote:a kiss

Did you say "A KISS"?

http://www.youtube.com/watch?v=2t2NDA8J34g

MrMiyagi wrote:

Yes I have one at IWM 79.05..Basd on past preformance I just can't seem to get very excided..Butttt lets see and go for it.

SWalsh wrote:NDX says a lot of people are being fooled by the banks trying to prevent the inevitable here. Maybe The Lloyd will be jailed if the mkt tanks!

NDX is the weakest link today, AAPL is expected to miss or not so bullish. that's my conspiracy thinking

Thanks for your input Al, but the move was hardly tradeable...

AAPL 515 will give us SPY 133-134 that every taxi drivers are talking about.

so far the exhaustion bar call was right.

BullBear52x wrote:

SWalsh wrote:NDX says a lot of people are being fooled by the banks trying to prevent the inevitable here. Maybe The Lloyd will be jailed if the mkt tanks!

NDX is the weakest link today, AAPL is expected to miss or not so bullish. that's my conspiracy thinking

Well, Mr. Anderson, then I think you'll like this:

http://www.youtube.com/watch?v=3YC7TMi0l68

BullBear52x wrote:AAPL 515 will give us SPY 133-134 that every taxi drivers are talking about.

“I would trade all of my technology for an afternoon with Socrates.” [Steve Jobs, Newsweek, October 2001]

Looks like the "U" is forming/formed and now we may go to test the lows and lower..Unless that is if some dippers come in and spoil it..Lets see

RUT...Heavy support around 782, below that is 760ish...

channel I guess.

AAPL volatility per cboe
http://www.cboe.com/micro/EquityVix/VXAPL/