Cobra's Market View

This is a good speech! Then, in a surreal moment, I read that the Ft. Hood gunman is sentenced to death and I am reminded that the fight for freedom never ends.

Anyone else's Twitter display all screwy today?

http://www.theglobeandmail.com/news/wor ... e13995448/

One report says a Syrian Ministry of Defence official exchanged “panicked” phone calls with the leader of a chemical weapons unit in the hours after the suspected attack. Foreign Policy reported that U.S. intelligence agents overheard the phone calls and that the intercepts form a major part of the American case for launching military strikes against the regime.

this market is cray cray crazy
i'm flat, listening to my President

TraderGirl wrote:intraday charts indicate we could see intraday weakness, then late stage rally....

late stage rally indeed...

reversal of reversal of reversal, the current bar will determine the fate of bull and bear.

ascending triangle, bulls have much better chances.

The unconfirmed C&H on SPY targets 165.73, which would close the gap down from yesterday. I'm short, however.

Al_Dente wrote:this market is cray cray crazy
i'm flat, listening to my President

salmon run and hunting season, this might be a good reason not to trade the rest of week.

How is Salmon run this year Seattle? Vancouver, CAN? anyone?

IHS on spy 5-min chart?

struggling here.... SPX 5m .... or making it very symmetrical.. you could say there are two LS and now we make a small 2nd RS

failed here is bad news for bulls because it was a 2nd test of the rebound high. 17 min to close, not enough time though.

My swing evil resumed.

Al_Dente wrote:

joeynickels wrote:

Al_Dente wrote:GDX testing double bottom

828gdx_png.png

Maybe breaking down heading to fill the Aug 12th gap?

Too bad it broke down
I count the higher high yesterday as a trap
Not sure I have drawn the measured move pink-box-target correctly, but it matches that gap line
…we’ll see...

828gdxb_png.png

Just an eyeball guess. I'm swing long DUST as the 1-2 hour charts look horrible for GDX. I've been holding the position (and my ass) for several days and added to it on that last move up. Super volatile to say the least. Looking at it closely should hit 27.66 if abc move down where c=a. On daily chart support 27.75 at middle BB/34 EMA.

BullBear52x wrote: salmon run and hunting season, this might be a good reason not to trade the rest of week.
How is Salmon run this year Seattle? Vancouver, CAN? anyone?

time 4 u to go fishing again boss

Al_Dente wrote:

BullBear52x wrote: salmon run and hunting season, this might be a good reason not to trade the rest of week.
How is Salmon run this year Seattle? Vancouver, CAN? anyone?

time 4 u to go fishing again boss

dish_png.png

No new low by tomorrow I am going fishing.

BullBear52x wrote:

Al_Dente wrote:

BullBear52x wrote: salmon run and hunting season, this might be a good reason not to trade the rest of week.
How is Salmon run this year Seattle? Vancouver, CAN? anyone?

time 4 u to go fishing again boss

dish_png.png

No new low by tomorrow I am going fishing.

In Yemen

well, guess that's it for today. Thursday tomorrow has been bull friendly. Up 9 out of last 11 since June. Thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. http://stockcharts.com/public/1684859/tenpp