Cobra's Market View

Hi Cobra, Do you think we've reversed from the fabled "higher low" on the intermediate term?

Hi All,
Has anyone monkeyed around with regression lines (line of least squares) on a price chart, or know of a technical indicator that makes use of them?

torus wrote:20p ema penetration on 5' SPY . . .

Probably just Brownian motion I suppose.

20p ema penetration on 5' SPY . . .

that is one solid line at 138.80.

Nice to see such aplomb Cobra. Aaarggh!

Thanks Cobra, took a chance on the probability analysis in your reports last 2 nights and more than paid for my subscriptions on the gap.

Good morning to all. Cobra, what's your feeling on the impulse system SSO buy stop recommended last night given todays early action?

is that a reversal bar on the 5min SPY according to Brooks, or is there too much overlap with the earlier bars?