Cobra's Market View

hasn't even reached the top of the range yet...

volume ratio is through the roof, looks like pros just bought that last little dip...meh, who knows for sure..

Al_Dente wrote:GO bushie
ps how's the band

It exists, lol

Got a tiny little publishing/licensing deal. Made it onto Itunes, Amazon, and Spotify. Thanks for remembering.

johnnywa wrote:Just saying you cant throw out .50 increase in spy when your at 68-69,better playing short

Day before yesterday, overbought at cash open... whatever, you trade your way...but I think Cobra may have looked at an RSI before...

johnnywa wrote:

johnnywa wrote:

Cobra wrote:good, this rebound may still have legs.

you need to align your 30-60 minutes calls with 5 and 10 minute rsi on spy,will improve your odds immensly

.50 percent increase in spy when 5 min is at 69,not gonna happen

5min RSI is a BS indicator, can stay overbought/sold as long as it wants...

a close above 1499 could be 2B bottom with target 1506

This entire day is one huge steaming pile of Neg D

1499 overnight....hmm

This last dn move bounced off of the mini dome res ,completing the dn move..Sometimes this is not a good sign for bears.Lets wait and see. my system says the same thing, could be a bounce to 1499 area...prob overnight :?: :?: :?: are you guy buying to the kiss? :lol: no way, looking to sell it back...

KENA wrote:This last dn move bounced off of the mini dome res ,completing the dn move..Sometimes this is not a good sign for bears.Lets wait and see.

my system says the same thing, could be a bounce to 1499 area...prob overnight

This looks like a pennant formation: potential bull trap.

Exhaustion candle. Real bears are here :lol: Still exhaustion candle :o This is too fishy. We are at top of limitations, this gonna end badly. If 20EMA 1min still shows strength after shake, then have to respect and take shorts loss. What exactly is a "limitation"? Limitations are just sh...

Unique wrote:

Unique wrote:Exhaustion candle. Real bears are here

Still exhaustion candle
This is too fishy. We are at top of limitations, this gonna end badly. If 20EMA 1min still shows strength after shake, then have to respect and take shorts loss.

What exactly is a "limitation"?

announcement Wed. 2:15

as we all sit staring with our mouths open...

existing home sales at 10

Low tick got faded, hard.

TraderGirl wrote:

Out of Bounds wrote:

TraderGirl wrote:My intraday chart calls for a rebound of some kind then more down....FWIW

Do you mean like right now? or something bigger later?

right now...lower later today....

same here

Getting POSD everywhere short term

This some sheisty action, be careful!