Cobra's Market View

huge gap up but within the Friday's range, so not sure if the gap will be filled or not. I don't see much clue on the Global ES, the regular hour ES though, looks like a complete of 3 leg down, so 2 leg up here?

Good morning. A much needed relief rally!

Good Morning.

So honey...what does the paper say?
EURUSD http://99ercharts.blogspot.com/2011/08/eurusd.html

"Surf's Up."

good morning cobra.

does your 80% success trade still stand as long as we end green today and break friday's high?

And what's that picture on the front page?
ES http://99ercharts.blogspot.com/2011/08/es_22.html

Oh...another Butterfly.

Good Morning

I hope everyone had a good weekend. Birthdays and all. Cobra, I appreciate your willingness to share your
knowledge. This is the best financial message board that I've ever seen.

jarbo456 wrote:good morning cobra.

does your 80% success trade still stand as long as we end green today and break friday's high?

I don't know. To follow a mechanical system, theoretically we shouldn't think. so higher high and green today, it's long.

proteus46 wrote:Good Morning

I hope everyone had a good weekend. Birthdays and all. Cobra, I appreciate your willingness to share your
knowledge. This is the best financial message board that I've ever seen.

thanks.

Cobra wrote:huge gap up but within the Friday's range, so not sure if the gap will be filled or not. I don't see much clue on the Global ES, the regular hour ES though, looks like a complete of 3 leg down, so 2 leg up here?

Would we expect leg 2 up to continue all the way into the Jackson Hole meeting Friday? What level should we expect for leg 2 to finish?

99er wrote:And what's that picture on the front page?
ES http://99ercharts.blogspot.com/2011/08/es_22.html

Oh...another Butterfly.

is that a bearish or bullish gartley/butterfly?

Honey...is that a picture of Dr. Copper?
http://99ercharts.blogspot.com/2011/08/copper_22.html

Yeah...he's waving a Pennant.

Good morning everyone.
I am clueless but still sell the rally.

cjb98 wrote:

Cobra wrote:huge gap up but within the Friday's range, so not sure if the gap will be filled or not. I don't see much clue on the Global ES, the regular hour ES though, looks like a complete of 3 leg down, so 2 leg up here?

Would we expect leg 2 up to continue all the way into the Jackson Hole meeting Friday? What level should we expect for leg 2 to finish?

let's see how today closes before making any bullish call.

jarbo456.

Bearish.

99er wrote:jarbo456.

Bearish.

thanks.

anyone having a problem logging onto the TD-TOS platform?

the open.

good morning folks

normal, so far, it's rare for the SPY to move 1% above it's EMA20 on 5 min chart, so a little pullback here is normal, but such a pullback shouldn't be too large, let's see.

Honey...
SPX http://99ercharts.blogspot.com/2011/08/spx.html

Start the car!