Cobra's Market View

I voted for the top being in or close, but I have my doubts and am in fact flat. Bullish: Copper had a break to the upside, hourly RSI on ES was very high in push right before selloff, strong after hours buying on Friday, new moon on the way. Bearish: Negative RSI bottom divergence in daily time fra...

Potential megaphone continuation setup in bonds, but I don't have much confidence in it. Strong bonds don't seem to go with weak dollar.

I love these tales of bankerly derring-do.

Good Morning. Looking like a fun start for Bears. ES: http://99ercharts.blogspot.com/2011/05/es_10.html What would an Elliott Wave fan say? Leg 4 of an ending diagonal Wave 5, lol. :) I'm not a big EW guy, but EW does explain a lot of market movement. I learned this one from Cobra, on the top in ea...

1:45-2:05

Little bullish 'M' on ES. 8|