Cobra's Market View

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Possible bull flag. The blue line above has been tested many times, so unlikely to hold another test if bulls can make it.

members only update starts here: http://www.cobrasmarketview.com/2015/05 ... ay-update/

SPX .. possible resistance right here.. watch for a "fake" break / bull trap on the cyan ascending wedge bottom right.. otherwise... upper trends. And as per usual.. mind Fri AM gap + 20d/50d

SPX 5m

Apple down >1%
News?

probably a range day.

AAPL a tad weak..<20d .. tags 50d 126.15

caution.. VIX green SPX green

Out of Bounds wrote:Apple down >1%
News?

Report saying China smartphone market shrunk for first time….. ever, probably. But stock was stretched and dig it: Apple was up every Monday/First day of trading week in 2015, except one. Yeah, up 14 of 15 in 2015 until last week. I think the pattern has played out. But what do I know?

Hope you had a good weekend.

Tick is weak but the bear is weaker.

For OOB

http://www.idc.com/getdoc.jsp?containerId=prSG25614115

AAPL Mondays/First day of week 2015

SPX waiting for hourly... buy small position SPY P here

INDEX days... RUT trying

in range, nothing to say.

Xian wrote:For OOB

http://www.idc.com/getdoc.jsp?containerId=prSG25614115

Thanks.

SPX break 2108 .. look for 20d/50d 2102/2089 Fri AM gap

BPNYA up 0.18% and BPCOMPQ is up 0.34% - but BPSPX is down 0.61%. No clear signal.

http://stockcharts.com/freecharts/candl ... BPENER|B|0

AAPL cracks 50d.. much lower.. .look out below!