Cobra's Market View

Did you see how the Yen & Dollar popped on the Jobs number this morning?? WoW!

The bottom green line of the triangle held and we've just kissed 20MA...the horizontal yellow line is around 202.50ish...small retrace and up to the yellow line by EOD?

Here's my hourly chart on hourly time frame. Came right down to the lower green triangle line and not back up to the blue upsloping line which is acting as resistance. Get above that and we're off to the races....consolidation here bodes for a possible leg down to the lower horizontal yellow line.

Morning everyone...here's my SPY chart from Sunday. Trading fell to the "cradle" of the bottom purple line and the upsloping blue line yesterday. Trading is still occuring within the green triangle that terminates in March, so there is still a possibility that we will see a touch of the bo...

Hi everyone...this my first post and I'm sharing my Daily SPY chart. I'm a big believer in repetitive "master" lines that once identified can be used to predict future pivot points. I use this chart both in Daily and Hourly timeframes and mostly trade SDS options to get 2x movement on the ...