Cobra's Market View

Cobra: I think in this daily report you really need to look all chances if an intermediate top was in or not , the weekly charts all suggest that the top is in for the coming weeks as all got bearish crosses on weekly charts. I might be wrong though , but please have a look at the intermediate term ...

Cobra : It looks like based on all weekly charts that a bigger correction might occur soon ? All weekly charts extreme overbought now.

is it possible top is in Cobra ?

What about the signal with VIX making higher high and SPX lower low ? suggesting major top is already in ?

If we dont breakout higher today Cobra ? You think it is likely we have seen SOME KIND OF TOP ??? What do you FEEL is the chances here ? Mkts feels heavy !

What are the odds if green close today for tomorrow ? Do bulls have chances ?

Any levels you think SPY should break if we want a new high next week ?

We go to new highs next week Cobra ?

COBRA:::

IF WE MAKE NEW HIGHS soon - what is the TEXT BOOK TARGET on SPY ?

COBRA: If SPY forms a red hollow candlestick - good chances of a bottom or ?

COBRA: Look at SPY DAILY CHART - could it still be a bull flag ?

Cobra , are you bullish or bearish biased for tomorrow ? any TRICKS ??

Cobra: SPX above upper bollinger band ? Is that bearish short term or ?

Cant see the target ?=

Cobra what is the upside targets on this breakout and do you think we make another high ?

The VIX below bollinger band is a good buy signal in markets short term right Cobra ?

Cobra:

What is the SPY upside target on that intraday chart ??? Cant read it

fehro try to zoom higher ,, then you see the topping hs pattern with neckline at 1395 SPX

fehro SPX at neckline, targets 1370 on SPX

Cobra:

Is it possible a head and shoulders top pattern last weeks ?

Cobra what is best for bears today ? red or green close ?