Cobra's Market View

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

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Maybe a pullback here, but this bull shall have legs.

Copy and pasting from what I wrote in another forum

When day session opens, if ES gets an hourly close above 2070 - this massive feedback loop of trapped shorts should squeeze to the 2089.5 immediate target fairly quickly.
That is also just a hair below the daily Bollinger Band. All eyes on first 30minute!

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Food for thought and staying objective:

ES near daily BB, NQ at daily BB. The ECB stat of avg down 50 is still lingering. FOMC announcement next week Wednesday. This means that if you have not bought this dip from the 1861 vs 1861.5 hourly double bottom from 20 sessions ago. You don't chase up here for swing, you wait for an optimal entry!

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ES: 1HR 8EMA = 2063.5, 1HR 20EMA = 2055.5.

These are the hourly BULL TRAIN re-entry points for day trading purposes. If they don't sticksave like they have in the past few sessions, then you know what's up.

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Let's see if we get a blow off top/consolidation/bull train continuation

members only update starts here: http://www.cobrasmarketview.com/2015/10 ... ay-update/

[quote="Unique"]Copy and pasting from what I wrote in another forum

When day session opens, if ES gets an hourly close above 2070 - this massive feedback loop of trapped shorts should squeeze to the 2089.5 immediate target fairly quickly.
That is also just a hair below the daily Bollinger Band. All eyes on first 30minute!

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" HI Unique,
yesterday , you mention, the threadhold 2069, so are u going to stop all of swing short as ES already touched 2070 , could go to squeeze to 2089? thanks a lot.

Just FYI, negative divergence on our hourly extreme overbought ES signal. Below 2060.00 confirms it

Jennyahwu wrote:

Unique wrote:Copy and pasting from what I wrote in another forum

When day session opens, if ES gets an hourly close above 2070 - this massive feedback loop of trapped shorts should squeeze to the 2089.5 immediate target fairly quickly.
That is also just a hair below the daily Bollinger Band. All eyes on first 30minute!

---
" HI Unique,
yesterday , you mention, the threadhold 2069, so are u going to stop all of swing short as ES already touched 2070 , could go to squeeze to 2089? thanks a lot.

We will be exiting/taking losses on all the OTM Nov Puts if HOURLY candlestick ES closes above 2070 at 10:00AM eastern.
Click the link in my signature for a Keep It Simple Series Update that I post that explains my Swing account positions.

SPX gapping up over 200d/50w 2060. Mind the morning gap, and possible retest of 200d. Weekly Candle strong, RUT still weakish/lags. VIX possible diamond, invs H&S looks like fail.. but could hold.

4 hour. Push to R1?Next week.Time to chase value? https://www.youtube.com/watch?v=YfkRObLH75k Vote Cobra. glta

Cobra wrote:If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

========================================================================================================================================================================

Maybe a pullback here, but this bull shall have legs.

Boss, what is the odd for 5 unfilled gap in one up leg?

Late October is supposed to suck (someone didn't get the email...)

from stock charts...

Sharp reversal on IWM from pre-market

SPX … RUT almost red already.. weak, lags

Key time boys, ES 1HR 8EMA sticksave or not.

Bot some VXX 20 calls

SPY

If SPX stays above monthly MA9 into next Friday (end of month) this system suggests "buy". At the moment MA 9 is at 2055 ...

Besides 4 big tech names, where is the strength in this AM rally? Relative to SPX (top of left most chart, sector efts denoted by last letter) only Tech ("K")and beaten down healthcare ("V") is strong. Silver miners ("s" )have a bit of shine to it but GDX ("g") isn't confirming. U/D @ +1.4 A/D @ +1.6 =/= monster rally...

TV's SPX500 Daily = /ES kinda - possible resistance

So far RUT has not joined the rally in any bit.

RUT daily small ascending triangle.