Cobra's Market View

I hadn't taken a look at this chart in a few months. It was the AAPL "bump and run" chart you were looking at during the huge rally in Q1. Wondering how you (and others on the board) view this? Looks like we've retested the trend line every two or three months before another rally. Would w...

Is VXX at an all-time low? Things can't be this boring forever, can they??

Cobra wrote:more and more like 3 Push up. here's my wild-est-est-est guess: small 2 leg down.

Could you view this as consolidation instead? Or do you think it's over for the bulls?

Symmetrical triangle breakout on AAPL?

Any thoughts on the bullish falling wedge on AAPL right now? Looks like it hit the bottom trend line at $621.50, bounced off and touched the top of the wedge at $627 (and bounced off again). Any thoughts on this pattern from those with more experience in TA (I'm still pretty new to this)?

Cobra wrote:trend line support.

Bounced right off the trend line. Let's see if it can hold...

Symmetrical triangle forming on AAPL with a $10 target move. Looks like it should be closing by 4pm. Thoughts?

Could this be seen as a double top on the SPY?

AAPL is nearing the "run" line on its 3 month bump and run pattern. Looks like the "run" line sits at $595 and the "lead-in" at $525. Seems like this could fit: a pull back during the first few days of April, a bump off the "lead-in" which runs through earning...