Cobra's Market View

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maybe to test the rising wedge lower boundary.

SPX /ES same as Cobra
/ES horizontal support holding

members only update starts here: http://www.cobrasmarketview.com/2018/07 ... ay-update/

Pretty feeble attempt at going higher. My prediction is Collbizone is right we head down the pole.

SPX key time

TICKs are heading straight down....

Got a nice bounce in the Bios, but I like to see a little more upside before I plunge in. Mainly with so many other factors leaning negative...

TICKs have turned up slightly with the bounce....

Last gasp before the end. No way this market can fight against the onslaught that the PBoC has unleashed. Federal reserve is the Dutch army riding bicycles to face Hitler's panzer divisions.

Tim Cook would be looking at big time margin expansion if he didn't have so much paid for inventory. Nothing but good news for US retailers, nothing but bad news for US exporters and tough on commodities.

Can it hold the second time for a higher low....

Professionally authored content earlier this week said a big chunk of earnings reports so far talked about the effect of currency exchange. You know at some point the Tweeter in Chief will focus on that subject once again. Especially when he figures out that the PBoC just neutralized his steel tariffs with the help of Jay Powell over the last two days.

The first baby step is to break this line to the upside....

Need limit orders (background color) and the bid ask crossers (order flow delta bars) to align if we are going to bottom. Of course the big guys use hidden order types so they are not showing up until they transact.

good move comin

some chances of double bottom here.

SPX INDU NDX weak.. sm caps push .. SPX on the edge of cliff still

/ES LOD goes.. buckle up

Someone find a positive explanation for the US Treasury offering 2 year floating rate notes. Anyone? Powell?