Cobra's Market View

Some weekend charts...

SPX http://99ercharts.blogspot.com/2011/06/spx_25.html
ES http://99ercharts.blogspot.com/2011/06/es_25.html
Gold http://99ercharts.blogspot.com/2011/06/gold_25.html
Silver http://99ercharts.blogspot.com/2011/06/silver_25.html
Crude http://99ercharts.blogspot.com/2011/06/crude_25.html
DX http://99ercharts.blogspot.com/2011/06/dx_25.html
30Y http://99ercharts.blogspot.com/2011/06/30y_25.html

Have a good one!

Gold

While the longer term chart posted above appears bearish, a close up reveals a bullish Gartley Pattern (in gold) and a Wolfe Wave (in blue) targeting around 1600. Caution gold bears.

http://99ercharts.blogspot.com/2011/06/gold_3125.html

the chart study below is for evaluation of some favorite indicators,
it also reminds me of the quality of their signals....

SPY, I favored RED line move.
Short term, SELL.

DBV is bearish, means equity market is negative.
UUP is Bullish, not bulls friendly when USD$ is up.
so? Sell on.

Fear indexes is positive, my longer date MACD indicates Fears every where Sell the Rally is still on baby. what's in front of me that I see chart wise is sell the rip as usual, it could change next week, but now sell on....GLTA

One more, UNG, UNG is not a buy it's a screaming BUY

Three more...

EURUSD http://99ercharts.blogspot.com/2011/06/eurusd_26.html
COMP http://99ercharts.blogspot.com/2011/06/comp_25.html
Copper http://99ercharts.blogspot.com/2011/06/copper_26.html

Looking forward to Monday!

Like long-term charts?

http://advisorperspectives.com/dshort/c ... 0-real.gif

http://advisorperspectives.com/dshort/u ... -Bears.php

Two bullish biased charts: (too many more in my blog to upload here)

market needs to rise today. otherwise it will slip below SMA 200

http://babaro22.blogspot.com/

The bulls are almost counted out, but not yet

Still a glimmer of hope... if they can retake 1142+