Cobra's Market View

Cobra, if we close down in this area, do we have a reversal, of a reversal, of a reversal?

Cobra, no hourly black bar this morning at 10:00?

Cobra wrote:members only update at 10:13 am
http://www.cobrasmarketview.com/2013/04 ... ay-update/

LOL, it's back!

Cobra,

So remind me again why the red arrow is excluded as an option?

Cobra, Did yesterday count as a bearish engulfing candle? Would today's action if we close around here defy the 100% green next day record? No yesterday was not Bearish Engulfing, it's Harami at the most. When reading candlestick pattern, you should use SPY, not SPX, because in 90% cases, SPX daily...

Cobra,

Did yesterday count as a bearish engulfing candle? Would today's action if we close around here defy the 100% green next day record?

Hi cobra, Long time follower, first time poster. Hey you use to post that on a day with a gap open higher than the previous day's high or lower than the previous day's low that the chances of the close being above (if gap up) the open or below (if gap down) the open were high. Did that correlation ...

Hi cobra, Long time follower, first time poster. Hey you use to post that on a day with a gap open higher than the previous day's high or lower than the previous day's low that the chances of the close being above (if gap up) the open or below (if gap down) the open were high. Did that correlation f...