Cobra's Market View

BullBear52x wrote:I am shorting here, just to test the water.

Yes, shorting here makes sense…technically.
http://images.investorshub.advfn.com/im ... hkxSPX.GIF

Cobra wrote:good chances are 2 legged down here, now the 1st leg. the rebound may be over, my guess.

Yes, it was over...and during it, I think I noticed distribution of the previous winner stocks!

AAPL might be ready to break away from a sideway pseudo-channell. Chart bellow is 1 min (3LB)
http://images.investorshub.advfn.com/im ... aplday.GIF

I agree with "uempel": TA is not a science! Statements derived from it are not falsifiable and neither can they be “demonstrated” to be correct! Being aware of that gives you more freedom to be inventive and to experiment combinations of approaches which are not dictated by some miracle-so...

Eureka! This last one can be accessed and subsequently magnified…

Third test:
http://images.investorshub.advfn.com/im ... apl130.GIF

Let me try another possibility:
http://images.investorshub.advfn.com/im ... Small).GIF
Hopefully it can be accessed...

http://images.investorshub.advfn.com/images/uploads/2011/5/24/ldebvaapl130_(Small).GIF AAPL 130 min: nothing dramatic. Money Flow is still interesting... On Friday, I sold (to open ) 325 puts and 345 calls - both for the weekly OpEx in 3 days... Yesterday, I rolled the calls into the 340 strike - a...

I am only a very recent user but I am ready for this change.

SPY 130 min: The Acceleration Band (L=21) is nested in an envelope derived from a 40 d cycle (L=60 bars).

Lovely ellipse!

AAPL completed an "a - e" as part of an intra-day ascending wedge....
Maybe a short term top?

Here it is: Zoom on the SPX GEOMETRY. 1314.78 = 6/8 MM extension of the previous large leg up (Aug 30 2010 - Nov 05 2010)
It is still not clear enough...but next time it will be better.

http://images.investorshub.advfn.com/images/uploads/2011/5/23/sazdbgeometry_(Medium).GIF This is only a test of my SPX GEOMETRY chart, which suggests a "Gann Support" at 1314.78. I am wondering whether it could be magnified on this site, after publishing...If not, I might post a "zoo...