Cobra's Market View

Uncanny, even the indicator lol

The vix is over 30 where interim bottoms occur...however major bottoms are usually around 45

te_fern wrote:Someone said Powell had a 5 min speech at some conference and that might move the market a lot. Just don't know which way..... Not going to get in front of it!

On average, we get a 140 point down day whenever he opens hi mouth

I think we will see my old friend 3750 very soon. I think now all the focus may swing to recession? And how bad! That should propel us lower for a retest of the June lows

Cletus is why i dont post here anymore. 8-) I value all the posts here, only the one said I told you so....when wrong, the poster gone missing only tor get back with the same message I told you so. I learned so much from this board, what I post here right or wrong it is my way to give back and keep...

Lol

Another concern for bulls is the entire rally, the volume has been anemic. Thursday was the lowest volume of the entire year! Avg weekly volume has actually declined for the last 4 -5 weeks! Not a sustainable situation.On the other hand, the put /call ratiois very bullish as is the high/ lows and th...

It could be we mish mash now till the Fed minutes are released

Yeah, sorry Jfr, I probably shouldn't have posted it . I just had to show the 3 humps and comment about the positive tick average. I don't intend to post trades. My apologies sir!I will do better

I forgot to add on the bearish case that volume has been anemic the whole rally so far, and the fisher momentum is low compared to other rallies .

Friday was the peak at 4144. First move down wasAa Was wave a . Wave b up to test the high at 4147, now c has started . Yesterday was a very narrow range bar. For the importance of that ,refer to last Fridays morning post ( 7/29 ). I have a cycle low due wed. For all these reasons and more I expect ...

Hi. Since you report trades, it would help observers follow the action, for success or failure, if you would post the entry price and time when they happen. Thanks. 2022-07-14_06-46-10.png 2022-07-14_06-48-26.png I'm not gonna detail every little thing for someone to piggyback my trades frankly, th...

Well, they missed my exit by 2ticks so I bailed at 3775 . At least I made up for my loss and then some..why the early exit? Cause usually the regular trading crew will go back to test the low and I wanted out before the open.... why did I pick that 3780 fib? Cause it's also the barest minimum retrac...

Man,Tradew2cats, love your charts!

Mish mash should continue till 2. But then we launch to 3910ish or collapse tonear my old friend 3750.Place yer bets boys

Well, I don't know anything about an advisory service... I just posted starting around 2007 or 8. Quit there and here about 2015 to concentrate on work . Then started two,three months ago for old times sake.

Tried to exit 3872 but too late .want one off at 3870, and rest around 3784

Ps...I trade the micro es which bottomed at 3851.25

It's the same person .The difference is due to using my mobile phone while away from the computer.The only fly in the ointment here is the low is supposed to hit 27 th - 29 the so one more day for bulls to worry. Worst case is 3750 tomorrow.

This could be it.Testing a long here at 3851.5. Bulls may now get there chance the rest of the week till the 6th. That's the plan anyway.lol