Cobra's Market View

SPX: Today´s triangle should open the door to the last down leg of the assumed DZZ

TG is saying a possible bounce now..We also have a P Bar to 142.63 so prepared..

failed triangle breakdown, now I don't know what pattern it is. wait. range day, so maybe it's simply sell high buy low, nothing will last...

Harapa wrote:

Al_Dente wrote: Bcuz my head is crammed full of toooooo much other stufffff

That is why I color code..
You are still watching Black & White Classics
I thought they are coloring those.
Any way, no rebound unless VIXies return to the bull side (red turns into green)

I’ll have u know mr-doc-smarty-pants
I have technicolor on my freestock
Plus I have a sweet momo CCI thingie that only works good on freestk platform and only for scalping aid

Al_Dente wrote:dtes
Me no teasing boss
Spell it out is better
Now I know how some folks might get wacky when I talk about squidge and honey badger and etc
If we don’t speak plain English……..PLEASE ASK...
eg LOD = low on day……easy to spell out…..OY …LOD……
OY can’t be spelled out……..it’s just OY gevalte……..eye roll……
Boss: I will FORGET your LE, HE, HZ, LZ etc in a few minutes
Why?
Bcuz my head is crammed full of toooooo much other stufffff
Luv u

Hi al,

I figure that you guys are just bored and having fun with me.
To be honest I doubt anyone pays any attention to what I post so if they are keen they will ask.
to spell out low of the day can be easy for some but I'm slow on the keyboard

I know you will forget HZ, LZ but on the chart I typed out "high zone" - so that makes it easy for those who looked at the chart.

For those who daytrade the ES - doesn't seem to be any here- knowing where the low and high might be is imp enough for them to ask.

Got some tunes for us, Al?

KeiZai wrote:BB euro is close to destination then the dollar bounce I was talking about should happen


now we are at 1.314 so should reverse soon

stops clearing almost done

perfecto....closing now should be done
PS: looks strong but anyways I am sticking to my plan/count (haven´t seen it on twitter so have to work )

Just watching today, too tricky for me to make a DT call:

Momo = momentum
And squeegee = squeeze
Testing 50ma on the five min now
Wussie bear stops MIGHT be hiding in plain sight just above the 50ma [easy guess]

I’m expecting it to fail………but u NEVER KNOW how many wussie bears will cover… etc….

Pezhead9000,
When you use OBV, you need to have an overlay parameter for that such as SMA 50 to see how far it is from the line. I used it for a while but it wasn't a great market direction for the stock. I found out that looking at three parameters in Daily, hourly, 15 mins and for daytrading 5 mins chart are the best. I did not find OBV as a great parameter for the stock direction. (My guess)

390 MA on the 1 min quite useful as an indicator

gap up wrote:

obv.png

Pezhead9000,
When you use OBV, you need to have an overlay parameter for that such as SMA 50 to see how far it is from the line. I used it for a while but it wasn't a great market direction for the stock. I found out that looking at three parameters in Daily, hourly, 15 mins and for daytrading 5 mins chart are the best. I did not find OBV as a great parameter for the stock direction. (My guess)

gap up, check out 55, Fib MAs tend to have more clout

I'm zzzzzzz today.

TNA flaggish?

DTES:
is it too soon for Xmas Carols?
http://www.youtube.com/watch?v=sWEfszb9h8Q

ps the BIG snake and many others trade ES………and snake always likes it straight and (deceptively) simple…….. that’s why we luv him

Hey Al_Dente, if there are Wussie Bears in the market I guess there must be Wussie Bulls too - I'm one

KeiZai wrote:

KeiZai wrote:BB euro is close to destination then the dollar bounce I was talking about should happen


now we are at 1.314 so should reverse soon

stops clearing almost done

EURO-b.png

perfecto....closing now should be done

e1.png

PS: looks strong but anyways I am sticking to my plan/count (haven´t seen it on twitter so have to work )

at this Euro level I'm out of TNA and gold... just in case... futures red... expecting sharp move down in "Power hour"

trend line resistance. I'm neutral.

a wuss bear or bull just means tight stops, right?

Euro breakout, looks bullish.

uempel wrote:Hey Al_Dente, if there are Wussie Bears in the market I guess there must be Wussie Bulls too - I'm one

57.png

U big wuss
3rd 4th 5th time may be the charm

Me, I’m ready for the Toto Bar ……do they have any “early bird” specials?