Cobra's Market View

ES HOD test coming if we get above 1245/7 with potential to 1263 on ES

bummer, have to go to a meeting. Looking at ES 1252 and test of ES 1257 region. Strong through 1258 area and the bears are going to be scrambling. Have a great weekend all
Thanks Cobra and all. Reminding me of discipline / no emotional trading. GLTA

I cannot believe Kim Kardashian's divorce announcement could cause such a collapse in the markets........troubling times.

Anyone know of a trading vehicle for 3 or 6 moth LIBOR? I am trying to figure a way of hedging my adjustable rate mortgage somehow since I cannot refinance it into a fixed. TIA

ES - 15 min: Is this move the middle of EW 3 or the end of 5 ?

SPY P Bar at 125.44 on my chart from about an hour and half ago

ES triangle has failed

agnosia wrote:

barbaragull wrote:Jees, life is so easy for bulls, just buy, buy, buy

it's in human nature to delude itself and be optimistic

that said, i am neither bull nor bear, just an opportunist.

Opportunist = Trader zen trading

Lower line of potential ES Symmetrical Triangle forming/formed w 1241 as Apex. Target 1246

fwiw dept: Not a single >1,000 contract trade in the ES since the open.

Triangle Time on ES ?

Too infinity and beyond!

Mooooooooooooooooo!!!

Just way out on a limb to prove to myself if I am crazy by recording this in front of thousands. I cannot trade it because I do not have enough confidence in this (yet): Move down to to ES 1179/1181 area then back up to 1214/1216 area, then onto 1237. Basis is: 1. Yesterdays 1216 High (Fib 1.00) to ...

ES : an ABCD projects 1179 / 1180 using overnight lows as "A" . fwiw

1181 test coming up