Cobra's Market View

Okay...couldn't wait any longer for BB52X to start the weekend thread so...some charts.

ES http://99ercharts.blogspot.com/2011/07/es_16.html
EURUSD http://99ercharts.blogspot.com/2011/07/eurusd_16.html
Gold http://99ercharts.blogspot.com/2011/07/gold_16.html
Silver http://99ercharts.blogspot.com/2011/07/silver_16.html
Copper http://99ercharts.blogspot.com/2011/07/copper_16.html
Crude http://99ercharts.blogspot.com/2011/07/crude_16.html
30-Year http://99ercharts.blogspot.com/2011/07/30y_16.html

Have a nice weekend!

A few more...

RUT http://99ercharts.blogspot.com/2011/07/rut_17.html
SPX http://99ercharts.blogspot.com/2011/07/spx_17.html
AUDJPY http://99ercharts.blogspot.com/2011/07/audjpy_17.html

Have fun!

Thanks 99er.
Here is my say: Daily, I am looking at 129.5-ish on SPY

Daily Volatility indexes, suggest sell the rally.

Liquidity? looking at DBV, it's not all that hot, Daily candle is bearish, hanging above 24 but below 13/34ma

Zoom in on SPY: Bulls hoping for Mid BB/20 MA support, Bears still on the driver seat per my time frame, trades under 5 DMA is down trend, sell the Rally is my game. there is few signs of improvement on the bullish argument but SPY need to trade well above 132 or above 5 DMA to convince me of that view.

Intraday: the Bearish divergence we got on Thursday failed to make a new low is an early sign of a turning point. On Friday at the very end of day we got another bearish divergence, again bears had an upper hand again, a gap up or trade up from here is more inviting to the bears. for me, a trade above 132 is cover first ask later, if we trade down but new recent low can not take out I will be doubtful in bears.

This is for educational purpose only!!!!!not a holly grail of signals.
Here is the intraday BUY/SELL signal, what I look for. since we all know the computer buy/sell is more in the work than ever, they must got the input of some sort to program. I look at the strength (RSI of major indexes) Buying/Selling action (TICK/TICKQ) and Fear (VIX, VXN, VXD).
Chart setting: 1 min.; RSI=50; Ma=200; MA band=18,10,1

equity buy:
indexes RSI > 50
VIX RSI < 50
TICK MA band > 200 MA

Equity sell is vise versa.

here illustration from Friday intraday where the buy/sell occurred. some day is messier then the other especially the major event days.

UNG is beauty, short term is bullish as a chart can be, break out the bottom base. on daily looking at long date CCI, now trades back above 0, 12.5 is minimum target. buy that dips!

Sunday Evening Update

EURUSD http://99ercharts.blogspot.com/2011/07/eurusd_17.html
ES http://99ercharts.blogspot.com/2011/07/es_17.html

BullBear52x wrote:This is for educational purpose only!!!!!not a holly grail of signals.
Here is the intraday BUY/SELL signal, what I look for. since we all know the computer buy/sell is more in the work than ever, they must got the input of some sort to program. I look at the strength (RSI of major indexes) Buying/Selling action (TICK/TICKQ) and Fear (VIX, VXN, VXD).
Chart setting: 1 min.; RSI=50; Ma=200; MA band=18,10,1

equity buy:
indexes RSI > 50
VIX RSI < 50
TICK MA band > 200 MA

Equity sell is vise versa.

here illustration from Friday intraday where the buy/sell occurred. some day is messier then the other especially the major event days.

Got you, thanks!