Cobra's Market View

4332 on spx should be crushial number today

SPX is the weksel in history of CFD existance since 1984 (negative divergance on MACD with new ATH for some time) So probably distribution is in progress and spx will get under 2200 points (last bottom)

Guys how you think can we go next week on SPX below 4000 and only after that new ATH ?

I will just remind target 3660 on spx

3660 stil in play Looks like rebound is over

my god ... 3660 target now ...

close 3920 today ?

Soon spx above 4000

Ok downtarget met we can go ATH

BullBear52x wrote:We are heading to 73ish, if so, I will sit out there. greed kills. ES

3790 - monday this is target, than ATH

Close under resistance

Market looks like 3790 visit before going to new ATH

Target for spx 3850

Looks like thursday will be crucial for this bull market

My view still is: Generally $NYMO needs to near or below zero before a top can be possible. Right now it's very strong, so unless we have a very big down day to turn the NYMO down dramatically otherwise bulls still have at least couple of weeks to go before $NYMO can possibly go below zero. I beliv...

New ATH next week

kanal.jpg Al Brooks believe the break of the price channel is significant so traders should expect the sell off to continue down to 3600 the next week. This is wrong price channel - market closed still above lower bounder of the channel. Still looks like new ATH in next few session as you mentioned...

Al Brooks believe the break of the price channel is significant so traders should expect the sell off to continue down to 3600 the next week. This is wrong price channel - market closed still above lower bounder of the channel. Still looks like new ATH in next few session as you mentioned earlier b...