Cobra's Market View

Six To Start...

SPX http://99ercharts.blogspot.com/2011/07/spx_5080.html
ES http://99ercharts.blogspot.com/2011/07/es_9065.html
Gold http://99ercharts.blogspot.com/2011/07/gold_01.html
Silver http://99ercharts.blogspot.com/2011/07/silver_01.html
Crude http://99ercharts.blogspot.com/2011/07/crude_01.html
30-Year http://99ercharts.blogspot.com/2011/07/30y_01.html

A long weekend! Have a great one.

Ruby Tuesday

Three views of the Total US Stock Market Index (DWCF)--Weekly, Daily and Hourly.

1. http://99ercharts.blogspot.com/2011/07/dwcf-1.html
2. http://99ercharts.blogspot.com/2011/07/dwcf-2.html
3. http://99ercharts.blogspot.com/2011/07/dwcf-3.html

Happy Fourth!

The Q Ratio

The mean-adjusted charts above indicate that the market remains significantly overvalued by historical standards — by about 48% in the arithmetic-adjusted version and 61% in the geometric-adjusted version.

http://advisorperspectives.com/dshort/u ... uation.php

Two More

EURUSD http://99ercharts.blogspot.com/2011/07/eurusd_02.html
AUDJPY http://99ercharts.blogspot.com/2011/07/audjpy_02.html

Hell...it's over 100 degrees today.

if you always think the market is gonna tank then One day you will get it right, Euro is going mush higher by the way and we will see new highs in markets by the end of year also.

For Fans of Futures

NQ
Possible H&S targeting 1921.
http://99ercharts.blogspot.com/2011/07/nq.html

YM
Hit "Return."
http://99ercharts.blogspot.com/2011/07/ym.html

Nice. Market is open tonight.

kamukak wrote:if you always think the market is gonna tank then One day you will get it right, Euro is going mush higher by the way and we will see new highs in markets by the end of year also.

he seems to be trying to will the market down with the force of his charts

NQ Update

Negative divergence on MACD.
http://99ercharts.blogspot.com/2011/07/nq_03.html

I am interested in the precious metals. primary silver and rare element.
Your silver chart seems to tell more room to go down. But your chart is a very short term, less than two months.

silicon beaver

Silver: For the near term, a possible Wolfe Wave targets 38.39. Long term, silver may prove to be the single best investment you have ever made. But who knows.

Rare Earth:

According to Nikkei, "Vast deposits of rare earth minerals have been discovered on the seabed of the Pacific Ocean amounting to 1,000 times those on land, media reported on Monday citing a study by Japanese researchers."

http://www.zerohedge.com/article/goodby ... it-discove

Thanks for your prompt reply.
SLV is moving between its BB and it's close to its lower band ($32), still above its 200D MA.
Waiting ...

ES
Update.
http://99ercharts.blogspot.com/2011/07/es_03.html

120 minute chart e-mini globex
depending on your perspective and time frame, you might say the bulls still have the ball
dollar is up against the euro by about .30%, without lowering our markets.
it's 9:00 am

on 7/01 Friday i shorted the e-mini S&P at the close,
got very lucky on July 4th around mid-night and covered the short position, gained 4 pts. per contract traded
i didn't catch the bottom but was happy to get out of the counter trend trade ...
15 minute chart

SPX 1619.

http://99ercharts.blogspot.com/2011/07/spx_04.html

Let's be optimistic today...Happy Independence Day!

EURUSD
Update.
http://99ercharts.blogspot.com/2011/07/eurusd_04.html

99er got bullish? well, can't fight them joint them right? Cobra got everything covered in his weekend report, another endless of excellent reports. hope bulls didn't waste all that easy money last week on the fire works and hopefully bears didn't get squeeze to the point that can't even afford a cheesy smoke bomb

My next week out look probably the same as everyone else, expect a little pull back and then move higher. some called educated guess/prediction. what I see in from of me is up and will be challenged at the 3rd resistance, all indicators still pointing up for the trend followers.

Intraday is up no sell as I can see unless we trade down under 132 straight from the open for me to get a sell signal, my usual trend follow it has to trade under 200ma 1 min. to sell. 132 is key intraday support for now.

5 min. nothing bearish here either, we may get a pull back to 390ma (5dma), but I will expect a strong support there, well that's day or two out yet to get there.

UUP got some support at -1std 20.0BB, trades below here will be so bearish for the green back.

DBV backs on its Bullish trend.