Cobra's Market View

Cobra, What is your take on MDT? Looks like strong push up but needs to take out $45 to avoid double top, right?

Cobra, With today being the seventh day since bottomming do we need today to be green day for seven day rule to be valid or do we already have six green days including yesterday's hollow(I think) bar? Thanks!

Cobra, aren't we breaking to the upside of a symmetrical triangle on SPY with 146.8 target?

Now if that was a picture of the General Lee with Ben at the wheel, and he was trying to jump the grand canyon........ No it's Cobra and I see a kitty praying next to him! guys, some stimulus package for the weekend please. vote for me, yes you can! http://stockcharts.com/public/1684859/tenpp Done!...

Cobra, How about GLD and SLV? More down, no? Aren't they both breaking down from huge descending triangles? Thanks

Looks like bulls need H2 long to avoid double top

Petsamo wrote:

traderessentials wrote:

Petsamo wrote:I guess we got good news ?

What was it?

I dunno. That's the reason why I had the question mark present. Maybe it's just a bigshot pressing the big buy button to stir things up (or down).

Oh okay, yeah, could be bigshot

Petsamo wrote:I guess we got good news ?

What was it?

Cobra wrote: by the way, the Bump and Run pattern indeed worked again.

Cobra, How do you read the bump and run on the chart?

Now looks like SPY forming ascending triangle on 5 min chart

H1 on SSO I think

Cobra, Is today MAD again?

brandyjoco wrote:What does MAD mean?

Massive Accumulation Day

Cobra, does today have the volume to be a MA day?

I see ascending triangle on spy

Cobra, Do we have an H1 on Apple on the 5 min chart?

Cobra, Are you expecting a test of the highs starting with this rebound or is this just a bear flag before another leg down? thank you

GM Cobra, This is my first post. I've been watcing and following along since august last year! lol Thank you for the site. Been learning so much here and reading your reports and have made some money too. I heard about you from Bullish Cross where he has a link and I've been hooked ever since. At fi...