Cobra's Market View

Weekend Charts

RUT http://99ercharts.blogspot.com/2011/07/rut_23.html

ES http://99ercharts.blogspot.com/2011/07/es_23.html

DX http://99ercharts.blogspot.com/2011/07/dx_23.html

Gold http://99ercharts.blogspot.com/2011/07/gold_23.html

Silver http://99ercharts.blogspot.com/2011/07/silver_23.html

Crude http://99ercharts.blogspot.com/2011/07/crude_23.html

30-Year http://99ercharts.blogspot.com/2011/07/30y_23.html

DWCF http://99ercharts.blogspot.com/2011/07/dwcf.html

Have a good one.

Sunday Additions

SPX http://99ercharts.blogspot.com/2011/07/spx_24.html

EURUSD http://99ercharts.blogspot.com/2011/07/eurusd_24.html

ES http://99ercharts.blogspot.com/2011/07/es_24.html

More this evening after the Asia opening. Have a good one!

EURUSD http://99ercharts.blogspot.com/2011/07/eurusd_4597.html

ES http://99ercharts.blogspot.com/2011/07/es_3672.html

“Squares à la Gannesque, nouvelle cuisine ” for Sunday Brunch:
Considering the general state of crazy incertitude, we should probably look at some “serious” support levels.
I have:
1 = 1317 to 1313 zone
2 = 1295 zone (which is now only a previous “support projection” and WILL FAIL)
2 = 1283

Thank 99er and Cougar, nice charts.

On SPY front, the daily negative D is in the making, need to see new high first though. for patient bears, the pay out is close or risk level is getting lower, bulls tight stop never hurt.

Short term trend is up, BUY the dip is still on. look at RSI, good support there still.

intermediate play, I am looking for a pull back to daily 5dma, 133.2ish, and from there we will see what the market wants to do.

Liquidity watch, DBV, the market is well funded.

Tech is strong so's the financial short term, but risk of negative divergence are high on the horizon. Good luck trading all, and Thanks to Cobra who made all this fun and exciting board.

Nice charts, BullBear!

The bullish chart of weekly complacency
…which allows, however, a drop to a support at 1268, without much ado…

SPX monthly & Lady’s Windermere Fan: already bearish
…where a first drop through the ascending support Fork line (green, now ~1295) can take us fast to 1212, followed by 1145 and 1050...
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On this monthly chart, only essential reversal levels, when marked by the Fan, were singled out.