Cobra's Market View

Small gap up, within yesterday's range, so the gap shall be filled. The Global ES looks promising, constantly higher low, seems like an Ascending Triangle to me, so it really wants to go up. Well, we'll see.

Good Morning~

Good Morning.

So, honey, Obama says we should contact our Congressman; shall we call Washington?
ES http://99ercharts.blogspot.com/2011/07/es_26.html
Better yet...let's pray.

(Reuters) - Across the street from the U.S. Capitol in the small north lawn of the United Methodist Building, Christians, Muslims and Jews will pray on Tuesday for the country's budget, and hope to teach Republicans and Democrats a lesson in compromise.

99er wrote:Good Morning.

So, honey, Obama says we should contact our Congressman; shall we call Washington?
ES http://99ercharts.blogspot.com/2011/07/es_26.html
Better yet...let's pray.

(Reuters) - Across the street from the U.S. Capitol in the small north lawn of the United Methodist Building, Christians, Muslims and Jews will pray on Tuesday for the country's budget, and hope to teach Republicans and Democrats a lesson in compromise.

it's just a show, will reach a deal at the last minute.

morning all.. /cl market is open, didn't like the negative case shiller index.. 99.20 gap filled. i am not expecting good news at 10am for consumer confidence + new home sales ..

So what about our vacation in Europe?
DX http://99ercharts.blogspot.com/2011/07/dx_26.html
Still on.

the open. measured move, target as tinted area.

Cobra wrote:the open. measured move, target as tinted area.

I hope your target hit today so my breakfast will become dinner

BullBear52x wrote:

Cobra wrote:the open. measured move, target as tinted area.

I hope your target hit today so my breakfast will become dinner

LOL. Then you could eat your combo, Breanner

nice outside reversal on /cl. we are probably headed lower. weekly pivot 98.25 and 150sma is holding for now. i am long 98.25 , stop even.

Holy, apple on fire. In addition, nasdaq laggers, $SOX, is rising fast with BRCM's earnings. I think we see new nasdaq highs here $NDX

wishful target

support.

no one mentioned the old mighty NFLX

RUT
Targeting 794.
http://99ercharts.blogspot.com/2011/07/rut_26.html

Cobra wrote:the open. measured move, target as tinted area.

Damn, that was a perfect move. Right on target. well done.

99er wrote:RUT
Targeting 794.
http://99ercharts.blogspot.com/2011/07/rut_26.html

How's copper? 4h

BullBear52x wrote:no one mentioned the old mighty NFLX

Sure would have been a nice short

133.16 is a tell tell sign, this one no need crystal ball.

i like /es long at 1322...