Cobra's Market View

Please don't tell me that the bias is up on the RUT, lol. Looks like we painted a nice big bearish upside wick on the daily.

Since FCX came up a few time today, here's someone else's views.
http://blog.kimblechartingsolutions.com/
Nice for the simple folks like me that prefer to not watch the 5min all day, heh.

Sorry bb52x, just a little sarc there.

@BB52...I think my 5min signal line just crossed over into the price chart on IWM.

Prediction...
"Rebound is strong here..."
-Cobra

Looks like the yen "bears" watching. YCS is the 2x short. Japan is simply in trouble.

Out already...
http://www.zerohedge.com/news/initial-c ... vised-351k

Dollar strength...doesn't hurt that the Japanese and Brits are printing faster than the Fed can keep up. Its all relative.

See Mish and Denninger for their takes on re-leveraging.
http://globaleconomicanalysis.blogspot.com/
and
http://market-ticker.org/akcs-www?post=201643

and you have the other side of the story so the saying goes.

Felt like taking an SAT prep, personally, Cobra.