Cobra's Market View

Flat open so any gap will be filled and likely a range day today.
Institutional actions from stocktiming.

MOBI and MOTR I think have lost there luster. Both have been good swing trades in the past.Mobi has been very good. Right now leave them alone but watch them,they may come back.Now I have to find something besides the SPY.Today might be a slow day but tomorrow and Fri may be more action. I am still looking for the week to be in the Red. Wait and see.

Good Morning.
ES update: http://99ercharts.blogspot.com/2011/05/es.html
Near-term target: 1318.

EURUSD
Possible necklines below.
http://99ercharts.blogspot.com/2011/05/eurusd.html
But not yet.

More and more frustrated bears. Wait til at least May 24th to short.

Cobra wrote:Flat open so any gap will be filled and likely a range day today.

So, red is postponed to later time. Can you imagine a scenario when the market climbs slowly for one other week.

I am reading deep into your pages. Do you really watch moon cycle? Di Napoli azimuth?

99er wrote:Good Morning.
ES update: http://99ercharts.blogspot.com/2011/05/es.html
Near-term target: 1318.

Hope you are right today.

the open. I'd suggest to pay attention to EURO.

gabor wrote:

Cobra wrote:Flat open so any gap will be filled and likely a range day today.

So, red is postponed to later time. Can you imagine a scenario when the market climbs slowly for one other week.

I am reading deep into your pages. Do you really watch moon cycle? Di Napoli azimuth?

I don't really watch moon cycle.

yep today seems it's the old dollar up / market/pm's down day.... /dx is in a range it seems and it reached the bottom last night.. top of the range is 75.4.

Cobra wrote:

gabor wrote:

Cobra wrote:Flat open so any gap will be filled and likely a range day today.

So, red is postponed to later time. Can you imagine a scenario when the market climbs slowly for one other week.

I am reading deep into your pages. Do you really watch moon cycle? Di Napoli azimuth?

I don't really watch moon cycle.

expecting a small rebounce from 1.4300?

For those who would like to watch the futures incl. the USD,EURO,AUD etc here is the Web Site...www.finviz.com/futures.ashx

KENA wrote:For those who would like to watch the futures incl. the USD,EURO,AUD etc here is the Web Site...www.finviz.com/futures.ashx

the only thing I dislike is the graphs are not interactive, need refresh:D

ES and ZB
Ben's in trouble.
http://99ercharts.blogspot.com/2011/05/es-zb_11.html
Equities falling while the Long Bond--back testing a rising channel--appears ready to fall as well.
Good luck Dear Uncle.

bbc wrote:

KENA wrote:For those who would like to watch the futures incl. the USD,EURO,AUD etc here is the Web Site...www.finviz.com/futures.ashx

the only thing I dislike is the graphs are not interactive, need refresh:D

if you want free real-time streaming futures prices sign up for a paper trading account with thinkorswim.

agnosia wrote:

bbc wrote:

KENA wrote:For those who would like to watch the futures incl. the USD,EURO,AUD etc here is the Web Site...www.finviz.com/futures.ashx

the only thing I dislike is the graphs are not interactive, need refresh:D

if you want free real-time streaming futures prices sign up for a paper trading account with thinkorswim.

I have bloomberg anywhere, I don't need those

agnosia wrote:

bbc wrote:

KENA wrote:For those who would like to watch the futures incl. the USD,EURO,AUD etc here is the Web Site...www.finviz.com/futures.ashx

the only thing I dislike is the graphs are not interactive, need refresh:D

if you want free real-time streaming futures prices sign up for a paper trading account with thinkorswim.

This is great. On line tick movement, overlay possibilities. Line tools, technical indicators.SPX500 and the major indexes currencies are available.

http://www.dailyfx.com/charts/netdaniachart/

nothing to say, as long as the price is in the current range, nothing to worry. so far I don't see broad based selling yet.

Decent support on IWM from 84.75 higher and it's held so far, so unlikely today is a big down day. Closed out my IWM puts for 20% and now have bought some calls. Targeting 86.25.

bbc wrote:

I have bloomberg anywhere, I don't need those

nice. i used to have this when i worked for goldman. i miss my bloomberg