Cobra's Market View

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no idea up or down from here, assume up?

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

Did I not say 3,000 on S&P? Yet the doubt remains for many. Their doubts will cease soon enough.

3250
a lot of ppl here saying all in to the crash to append lol

cletus wrote:Did I not say 3,000 on S&P? Yet the doubt remains for many. Their doubts will cease soon enough.

yup squeeze be on, let's see how long it takes to get there..

NDX COMPQ a little frothy? island top.. as per usual.. only time will tell --- posted to y board.. lol.. need way more coffee..

nasty reversal IWM

Pretty clear where support ( ES 2820) and resistance is this morning(ES 2830). I do not know the significance of that large gap, but I doubt it stays open for long.

fehro wrote:NDX COMPQ a little frothy? island top.. as per usual.. only time will tell --- posted to y board.. lol.. need way more coffee..

too early fwiw

consolidation, bias is up.

lg closed waiting for dip

SPX still very sloppy up move.. corrective looking

Three bars at 200% of typical volume to get through the resistance sort of. It has re-formed at ES 2832. Pretty clear at this point that up requires a lot of tough slogging. Market loses 10 to 20% of it's volume in an hour when the Euro zone crowd goes home.

fehro wrote:SPX still very sloppy up move.. corrective looking

upper bolly 2852 daily, weekly 2849 currently - see exceeding this before any pull back

2831 88.6% retrace off highs. last chance bears imo. really looking like skew cooling off rally in progress...

september historically bad month for stocks, think bulls ok till then at least..

the open had all the typical uptrend day characteristics but so far the up is weak. right now I only know that the pullback likely would be bought.

Coolbizone has shorted the high with a 5 point stop.

Doug Kass tweeted that he would discuss his sell everything decision on FOX later today.

Trades with cats wrote:Doug Kass tweeted that he would discuss his sell everything decision on FOX later today.

timing is off, think we can see a near single digit vix again post ma/macd crossovers before any decent pullback to finish an ending diagonal.

Easy come easy go. Was there a tweet?