Cobra's Market View

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Double top? The pattern is too small to be a real threat to bulls though.

members only update starts here: http://www.cobrasmarketview.com/2016/04 ... ay-update/

SPX near all time highs.. 2134.71.. just 33 points short.. again possible resistance still in this zone.. pop over the ATH, mind the mega "bull trap" if it stalls and fails.. otherwise.. 2200 by mid summer at this rate.. Near term wedging bearishly.. breaks 2095-93 target - 2085, 2075

Soybean, Wheat, Canola, Corn, Cotton, etc... see the moves in the last few days.... unreal... http://finviz.com/futures_charts.ashx either the dollar is about to tank hard... or as zerohedge says.. the Central Banks are buying... crazy check the links... http://www.zerohedge.com/news/2016-04-2 ... xplanation

feel...its more to do with the US dollar.. something may happen that they hammer it down.. the chart is very precarious.. 16 month channel on the US dollar .. bottom edge, bigger double top... and very very long term.. back to 1986 --- it's the new "QE"... hammer the dollar via Saudi's … oh what a wicked web we weave…

DXY daily close up..

SPX .. on the edge again.. cracks.. could see a decent drop

2093 range key, then 2085, not a bad start...

SPY $209.87 from yesterday hit.

Dollar index moving back up recovering most of the overnight decline. Super Mario and Kuroda San have done what it takes for now. Sure hope Aunt Janet was in agreement.

TLT red, SPX red.

/CL - USOIL 60m.. key time

poor BEARS are getting excited with even a small stain of RED...LOL

this bear shall have legs.

I first read this weekly SPX time signal as April 25th - now I'm not quite sure if it's not this week.

for you GOLD/SILVER ratio fans.. GC/SV daily EOD chart.. not looking good for gold/silver ..fwiw.

GM

UP UP we go good trades let's keep it.

range bound until big fruit announces next week 2095-2015

Checking in on the monthly Coppock: