Cobra's Market View

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Flat open, so any gap will be filled.

I don't like what I see on Global ES. It goes as I mentioned in the last night report, except it had the 4th push up (which I didn't deny the possibility last night, did I? I don't remember what I said ) failed, which is common as "3 Push Up" is just a name that more exactly should be "n Push Up". Now we have a clear overlap, 3, hmm, no 4 push up on the 2nd leg up, indicating further lose of up momentum, so no deny this is not an impulse up to bring us to Galaxy far far away, agree? OK, now I cannot deny the possibility of the 5th push up but usually such a push, if any, might not be able to make a higher high. Well, let's see. Confused about what I said? Don't be frustrated, you'll understand gradually. It takes years to get the market sense like me, knowing the chart can actually talk do require some experiences.

DAX looks bad, consolidating under H&S Top neckline only make the bearish pattern as real as it gets!

Merbama always wears Prada and sometimes pushes the $SPY button at the right time., creating new pivots:

Good morning
CHINA HARD LANDING
http://www.bloomberg.com/news/2012-05-2 ... s-say.html

Question: How many people here are living in the San Francisco Bay Area? Just curious.....

1der wrote:Question: How many people here are living in the San Francisco Bay Area? Just curious.....

no, sorry - i dont live there. thanks

1der wrote:Question: How many people here are living in the San Francisco Bay Area? Just curious.....

San Francisco loves Nancy Pelosi

Richarab wrote:

1der wrote:Question: How many people here are living in the San Francisco Bay Area? Just curious.....

no, sorry - i dont live there. thanks

Do you live in a palace?

Cobra wrote:

Richarab wrote:

1der wrote:Question: How many people here are living in the San Francisco Bay Area? Just curious.....

no, sorry - i dont live there. thanks

Do you live you a palace?

is this a palace to you?
i call it my condo

Fellas, keep an eye on EWZ. Sometimes it'll tell you the direction the market's gonna go.

Huge volume at the EUR/USD test at 1.25. Positive divergence on all time frames inside of the daily.

Richarab wrote:

Cobra wrote:

Richarab wrote:

1der wrote:Question: How many people here are living in the San Francisco Bay Area? Just curious.....

no, sorry - i dont live there. thanks

Do you live you a palace?

is this a palace to you?
i call it my condo

Really not bad, I like it!

the open.

1der wrote:Question: How many people here are living in the San Francisco Bay Area? Just curious.....

Hi 1der,

I am in the Bay Area,

Ken

1der wrote:Question: How many people here are living in the San Francisco Bay Area? Just curious.....

I live in the Bay Area

Richarab - I thought that was the just the utility room for the pool ! I appreciate your humbleness

TraderGirl wrote:

1der wrote:Question: How many people here are living in the San Francisco Bay Area? Just curious.....

I live in the Bay Area

Peninsula...

Waiting fo 13331-34 for short

Richarab wrote:

Cobra wrote:

Richarab wrote:

1der wrote:Question: How many people here are living in the San Francisco Bay Area? Just curious.....

no, sorry - i dont live there. thanks

Do you live you a palace?

is this a palace to you?
i call it my condo

It has the old Arabic home style, very nice!

1331