Cobra's Market View

TraderGirl wrote:Possible ending wave soon...

The lunar cycle seems to be way off. With the full moon tomorrow, shouldn't we be approaching a low
THEN turn higher (and not vice versa???)

low this morning + or - a day or two?

Good finally in the wave5 (of impulsive W1) tomorrow should be the "profit taking day" means wave 2 retrace

updtae: viewtopic.php?f=2&t=1208&p=154679#p154679

5 minute coppock.

Nrsimha wrote:

TraderGirl wrote:Possible ending wave soon...

The lunar cycle seems to be way off. With the full moon tomorrow, shouldn't we be approaching a low
THEN turn higher (and not vice versa???)

If you follow the moon cycles a high or low can happen at full or new moon....the first thing you learn about the market is that it "shouldn't" do anything...and if you think it "should"...you will get a big surprise...

triangle, so the bias is up. I might not be able to update before the close, so guess that's it for me today, overall, this bull is still the same 2013 bull. thank you guys, I'll see you tomorrow.

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

SPX 5m... minor interday triangle..here...

TraderGirl wrote:

Nrsimha wrote:

TraderGirl wrote:Possible ending wave soon...

The lunar cycle seems to be way off. With the full moon tomorrow, shouldn't we be approaching a low
THEN turn higher (and not vice versa???)

If you follow the moon cycles a high or low can happen at full or new moon....the first thing you learn about the market is that it "shouldn't" do anything...and if you think it "should"...you will get a big surprise...

excellent advice! ..markets can stay irrational longer than you can stay solvent.

KeiZai wrote:Good finally in the wave5 (of impulsive W1) tomorrow should be the "profit taking day" means wave 2 retrace

updtae: viewtopic.php?f=2&t=1208&p=154679#p154679

ES-13b.png

My 'crystal ball' keeps telling me that 1781 is a key level .....

fehro wrote:Since overlays are all the rage.. here's one for you on the Nasdaq... pattern matching kinda... current time frame compressed to meet previous time frame for pattern..
for entertainment purposes only!.. Weekly 2009-2014 / 1997-2000 near the 5000 highs..

Most excellent, fehro - You better send that over to Tom DeMark right away!
It will be the next graph making the rounds, and your salary might even go up

Psssst, pass the word - No selling today

TraderGirl wrote:

Nrsimha wrote:

TraderGirl wrote:Possible ending wave soon...

The lunar cycle seems to be way off. With the full moon tomorrow, shouldn't we be approaching a low
THEN turn higher (and not vice versa???)

If you follow the moon cycles a high or low can happen at full or new moon....the first thing you learn about the market is that it "shouldn't" do anything...and if you think it "should"...you will get a big surprise...

How true

rhight wrote:Psssst, pass the word - No selling today

Bears are snowed in! .. with the overlay.. trying to keep the bear dream alive!

Don't look now but big short squeeze going on in ARIA.

Personal disclosure: just got stopped out of a short.

Homework from Taibbi, always entertaining for TBTF haters. http://m.rollingstone.com/politics/news ... t-20140212

$ES_F : The wedge idea (wrong below 1812)

$NYMO: Approaching the overbought line

$TMF: Potential s/t bullish setup