Cobra's Market View

TICKs continue to look weak....

well, guess that's it for today. Tomorrow is the day before Good Friday, the seasonality has been very very bull friendly. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

“Global market bull run finally comes to an end in Q1”
* World stocks set for first quarterly fall since Q1 2016
* Dollar extends longest slump since financial crisis
* Safe-havens yen, gold and Bunds shine amid the storm
* Emerging markets outperform despite woes
* FAANGs lose $400 bln since mid-March
[Reuters via Fidelity]

https://eresearch.fidelity.com/eresearc ... BINED&sb=1

brokebybernacke2 wrote:

fehro wrote:still cheeky… put/calls extreme 1.35 squeeze those options. .sideways…

really hoping for a flush out new low before jumping in for a good bounce....those no. say might not get it. do think early april bull

earnings season with tax cuts = possible surprises.. unless.. baked in… not sure… the index charts are very sick, quarterly charts sick, monthly sick..
could see a shocking non stop down move.

fehro wrote:

brokebybernacke2 wrote:

fehro wrote:still cheeky… put/calls extreme 1.35 squeeze those options. .sideways…

really hoping for a flush out new low before jumping in for a good bounce....those no. say might not get it. do think early april bull

earnings season with tax cuts = possible surprises.. unless.. baked in… not sure… the index charts are very sick, quarterly charts sick, monthly sick..
could see a shocking non stop down move.

yes, newer short term low below last 200 would be nice for a better entry buy point, a rush down to 2520 would be cake, breaking below 2500 would be icing! not sure dangit, bounces not serious for me till break solid above 2666