Cobra's Market View

Gaps always fill?

Not in this market.

SPY test of open and pivot = fail

CLF looks weak technically, and looks weak fundamentally In my opinion ... Had some good years: 2007, 2008, 2010, 2011 2012 lost money If it can recover, it could be a value play. Price book is extremely low. From the chart, does it look like at least there is another push up? I guess you are holdi...

CLF

looks weak technically, and looks weak fundamentally

In my opinion ...

Had some good years: 2007, 2008, 2010, 2011

2012 lost money

If it can recover, it could be a value play. Price book is extremely low.

Looks like BOTs chasing pivots today ...

Gap fill on ES and then down she goes.

Cobra wrote:NORMALLY, this rebound should be sold but 17 min to close now, anything is possible. I'm neutral.

Rebound sold indeed. Nice call, Cobra.

What a wild ride for the last hour ...

Taking scalp shots on the SPY. 8 good 3 bad ... Whoooo Hooooo

Gotta keep waiting for the pause and pullback. That is hard to do at times.

wayne0708 wrote:see chart!

Ironic. And I had given up on the Gap Fill Play for the day ... Curioser and curioser.

That's ok, thanks. it's within my allowed day trade losses, so I'd consider it as a normal day trade losing day, that's it. but it does affect the moral today and I'm really worried if I actually sold twice. Sorry to hear you got robbed. Technology, communication ... the modern life is two edged. S...

1 minute chart ...

20 tick chart of that tsunami ...

That was so fast. I wonder if it even activated the stops.

Yeah, the volume spiked.

pbar tsunami ...

All the bots, HFTs, programs together ...

Whatever that was, it hit on everything. NQ QQQ YM DIA ES SPY stocks ...

a left, and a right ... He's down. Back up at the count.

Can't see a gap fill today ...

SPY 1 minute ... for scalping ...

616 am

ES down 10.50

SPY down 1.13

flrtrader wrote:Webinar on Volume profiling is on now if interested.

NOT selling anything. This guy is very good iformational purposes only

Cobra I pray this is OK

https://www3.gotomeeting.com/register/212896406

I don't like to see this. Pulling viewers from this room.

As of 619 the SPY down .67, ES down 5 ...