Cobra's Market View

muktuk wrote:The market may go up, or it may go down, and if it goes sideways there may be the potential to go up or down...

assuming it does remain sideways...

The market may go up, or it may go down, and if it goes sideways there may be the potential to go up or down...

cougar wrote:SPX is now being rejected at the EMA(34). A SELL signal is now imminent, but it might linger until Mon morning, due to OpEx shenanigans.
Sold all longs and I am ready to go short with a small position…to start.

How are the red/green dots generated on the SPX price bars? Thanks...

cougar wrote:SPX is now being rejected at the EMA(34). A SELL signal is now imminent, but it might linger until Mon morning, due to OpEx shenanigans.
Sold all longs and I am ready to go short with a small position…to start.

How do you generate the red/green dots on the SPX bars?

Thanks for the responses to my question from earlier today!

Wow! I am learning alot...thank you to Cobra and all the contributors. I am new to TA and have a question about time frames on charts that I am confused about. There are many time frame charts shown and discussed with seemingly different patterns on the different time frames...H&S here, triangle...

P-bar target reached.It seems any P-bar is always reached regardless of good or bad news. The Phantom Bar strikes again! This one was particularly impressive for the size of the move given the open. Those phantom bars are really quite scary. I can't even begin to come up with why that works as a ta...

Keep an eye on the high beta garbage. For some reason, they seem to lead the market lately, and yesterday they didn't show any signs of slowing. Today, they seem to be rolling over after their initial pop. I'm not sure what it is, but I think maybe the algos front run with these stocks to get the m...