Cobra's Market View

http://stockcharts.com/h-sc/ui?s=$NYSE&p=D&yr=0&mn=3&dy=0&id=p44143321293&a=245518765&listNum=11 Big guys are selling into rallies. Only stock that is up hard really is AAPl and it's gone parabolic. they are unloading the NYSE and RUT as AAPL takes up the SPX don't fall ...

Cobra

What are your thoughts on the inverted H&S Forming best seen on the 15 and 60 min

Easy

I think Santa’s sled was repoed

The pattern has been a surge down then forming a falling wedge continuation pattern followed by another surge down.

I would be surprized if we didn't make a run at the 50day MA

http://stockcharts.com/c-sc/sc?s=$SPX&p ... 095&r=3213

easycomeeasygo wrote:well I guess they are going to walk it up with out a pull back or Momentum which is declining as we rally. Unless we gain momentum or volume I can't see this going on much longer.

Holding short overnight

Good god have you seen the Italian 10yr. Game over for the EU.

easy

well I guess they are going to walk it up with out a pull back or Momentum which is declining as we rally. Unless we gain momentum or volume I can't see this going on much longer.

Holding short overnight

1275 is the 78% fib

Weak histogram no real momentum

we are going to drop like a rock May I ask you to explain why? My chart tells me there is a good likelihood of a pull back at this level. Just enough to profit, not a market crash where dogs and cats are living together. As always be careful, I have tight stops in place. I am constantly surprised s...

zipper wrote:

easycomeeasygo wrote:we are going to drop like a rock

you might be right but I dont believe so ...this isnt stop, and we havent hit the commercial stops yet.
To really get the thrust

She is coming down!!

we are going to drop like a rock

short 1268

Told yeah they were going to defend 1257 and that the recovery rally was on the fed

Now that we have tried to close below 1257 3 times, tomorrow will be the charm we now have solid devergance on the 60 min and 15 min strength on the 5 min was weak shorts covering. I would sell the close


Easy

fed is buying today, recovery rally is on the house

I'm telling ye they are going to protect 1257

the chase is on

pushing it over 1257 buying panic coming

Like is said weak sell off 1257 flat on year we have a lot of time left before the end of the year. lol i don't think funds are worried about being a couple points south of even at this stage. however, there's definitely some people who don't like when the euro/usd starts to sag below 1.3740. same ...

Like is said weak sell off 1257 flat on year

like I said weak sell off. I wouldn't be surprised to see a break out to new highs

1257 flat on year they want it over that year end

Nope, bet they run it back to flat on year 1257