Cobra's Market View

Have had more than enough of that dress so I decided to work on a few charts.

DWCF: http://99ercharts.blogspot.com/2011/04/dwcf_30.html

COMP, RUT and SPX: http://99ercharts.blogspot.com/

Have a great weekend!

Chart pattern

fibo combo

Monday play, SPY is getting weaker, but selling will not kick in until it trades below the yellow line, see Thursday action

Interesting developments on the last 15 min. on Friday. SPY and DIA were triggered sell but then traded back up. IWM is triggred a sell again in the last minute. QQQ is moving to sell zone see left chart and the VIX is crawing up. see VIX chart next.

No fear in bigger picture, but that is about to pick up. watch >15 level to favor short term bears.

I should have my own blog, Thanks Cobra to let me spew here.

FAS/FAZ no change see the yellow lines, that's my directional changes in price move,

ONE more.... man...I feel good any more than this one I'll be classified as a SPAM.

TZA, buy above the Yellow line, if this one held up on Monday the pay out will be as good as UNG

DXY
I was told to "trust the charts."
Daily: http://99ercharts.blogspot.com/2011/05/dxy.html
Weekly: http://99ercharts.blogspot.com/2011/05/dxy_01.html
Looks like a bottom.

Crude
Update.
http://99ercharts.blogspot.com/2011/05/crude.html

Copper
Update.
http://99ercharts.blogspot.com/2011/05/copper.html