Cobra's Market View

wanteasymoney wrote:2500 Coming hello traders let these profits runing back later

good trading!

Shorted Dow30 18093, with 50 point stop (above pre-Brexit high)

ipanel indicator for the US30 looks convinced......

.....big overnight short squeeze or a run up for "sell the news" tomorrow?

Whatever next?!

http://www.alternet.org/election-2016/d ... ter1058686

fehro wrote:ding ding 2093… SPX cover more shorts here.. still have portion to run

nice play - I am rooting for 2082 spx and 17756 US30

Cobra wrote:100% mm? not sure.

"sure" looks good!

fehro wrote:SPX looking for possible 1917-12

....that would tie in with a decent right shoulder...

deleted - messed up chart

DellGriffith wrote:Took profit @ 194.40. Left a runner in case we run to SPY 200.

well played!

josephli wrote:Draghi speaking at 11am.

Is that 11am EST where he will talk about the ECB Annual Report for 2014?
Trying to figure out the relevance!

Given the less than strong turning points edge for tomorrow's FOMC, the preview is just posted here: https://pugsma.wordpress.com/denalis-turning-points-2/denalis-turning-points-2016/ Bottom Line The market is challenging and has changed character. It is best to keep your risk under control and be ...

fehro wrote:

fehro wrote:stacked messy SPY 5m invs H&S… target 187.50.. if 184.50 goes

ding ding 187.50 … that was and exciting afternoon. cover partial longs here.

Well done, you nailed it!

DellGriffith wrote:I almost got a buy signal right at the bottom there. just missed generating the signal.

....are your signals supposed to be "top secret"?

Unique wrote:I'm outta here......thanks for riding the train everyone! Got my first big week of 2016

Thanks for your insights and the KISS methods......

Excellent play..........

Unique wrote:

Unique wrote:From 9:03AM

Short ES 2070, risk 3 for 9.

3:1 R/R ratio

If it fails, then bears got a last chance at the 78.6% fib 2078-2079

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FYI: next support level is the 2054 breakout level if 2060 goes.

Covered half @ 2060.75, trailing half for 2048

....cannot help feeling that this fed anticipation could be a total non-event, lol.............

Forum emotions are starting to feel like a bottom is getting put in now. We done a full ABC correction, and now people are starting to get panicky. They should have felt that way at the start of wave A down near the upper bb, not after wave C down has run for a bit down to the lower bb. A great way...

gappy wrote:We saw this movie before.

Capture.PNG

Vote Cobra. glta

...good observation!

(from 7:50am) ES: Looking great bears, we got the standard bear train rejection/reload shorts at the overnight 1HR 20EMA and 61.8% fib retracement. Now, it's an accelerated 1HR 8EMA bear train. I still have shorts from 2083 and 2076. They are both trailing winners now. Out of curiosity, any particu...