Cobra's Market View

the missile strike (USA, FR, UK) is rather worrying. Russia ambassador to USA is quoted as saying that: "The worst apprehensions have come true. Our warnings have been left unheard. A pre-designed scenario is being implemented. Again, we are being threatened. We warned that such actions will n...

Cobra wrote:another classic breakdown then sharp rebound, this is why I don't like being a bear. Are you sure it's just a rebound, not the low was in? at least I cannot tell.

seriously it is frustrating...I want to see the decision made either way!

unless VIX turns solid green in next 20 min..I think going short over the weekend will be very risky business...

bear flag break.. buckle up … in gap we could accelerate down Fehro, your 2665 brick wall is still solid which you mentioned I believe more than wee ago...you think it is still has enough strength or have some cracks...thanks take out 200d / 50w .. brick wall until the year 2024 when we may retest ...

fehro wrote:bear flag break.. buckle up … in gap we could accelerate down

Fehro, your 2665 brick wall is still solid which you mentioned I believe more than wee ago...you think it is still has enough strength or have some cracks...thanks

Nice chart by Kimble Charting solution. Chart credit to www.kimblechartingsolutions.com

Interesting perspective...

Fehro,

Can you look into VIX? since last 2 days VIX is not reacting to the market...SPX red and VIX red, which is not a good sign for the BEARS

Any NEWS that I don't see? Why sudden drop?

DId Trump twitti twit??

fehro wrote:SPX mind the gap (s) SPX 20d/50d in-between

I think today we can reach to your 2710 gap as shown on your chart...

Al_Dente wrote:"Someone Just Traded $600 Million of High Yield Funds"
https://www.bloomberg.com//news/article ... -etf-watch

"massive block trades"

how it is going to impact market?

fehro wrote:

fehro wrote:

K447 wrote:

fehro wrote:.. worse case SPX 200d SMA 2693.82

2593 seems more reasonable

whoops yes.. not enough coffee this morning

almost there

what if it goes through? like a hot knife on a butter!

fehro wrote:"W" bottom slopping +200 points.. with a gap up tomorrow.. or.. channel..

That's it? BEARS are done now? what about 2665 area? Is that not a solid wall anymore? sorry for lots of questions..

Cobra wrote:i have a dream.

insane market...

Cobra wrote:looks like a strong uptrend day, bears be careful.

Good Call Cobra...BEARS are done...see you at top!

fehro wrote:

fehro wrote:
ding ding 200d.. sliced 50w SMA just 10 points lower

Fehro do you expect market to bounce after touching 50w SMA?

fehro wrote:

fehro wrote:NDX COMPQ RUT.. getting weaker.. not pretty candles.. look to yGAP

outside reversal… SPX as per yesterday's comment 2665-75 Brick wall..

Master on his own...hands down!!

fehro wrote:

fehro wrote:SPX resistance.. yellow triangle… invs H&S SPX /ES trying..

next resistance

looks like no resitance going to work for this bull train!

Grassley invited Zuckerberg to testify to Judiciary Committee on April 10 FB daily 326fb2.png.png I feel that this whole FB story is really a big news and very surprized that market is not reacting to this news...people I think are not realizing how big a deal this story is..50 million people in US...

Al_Dente wrote:EU got temporary exemption from tariffs
They want it to be permanent

Is that a good news for the market?

fehro wrote:

fehro wrote:SPY 5m H&S LOD goes target is 269,85 not sure.. would need VIXes to go

crazy man target is the inflation Spike low from Wed buckle up

not today please...I am hoping market to close big green and then go big red next week!