Cobra's Market View

Al_Dente wrote:Hourly momentum oversold (pink arrow) and starting to hook up, just about near to crossing the 20 line (pink arrow)
I have to wait until it crosses, I don’t catch the exact bottom, but my style is better late than dead
Note three higher low candles on the hourly

211sixty.png.png

sure

Back to intraday, clockwork, bears show weak hand, next buy the dip as long as no new LOD

BullBear52x wrote:

Al_Dente wrote:Hourly momentum oversold (pink arrow) and starting to hook up, just about near to crossing the 20 line (pink arrow)
I have to wait until it crosses, I don’t catch the exact bottom, but my style is better late than dead
Note three higher low candles on the hourly

sure

Don’t be laughing at me boss….
Not sure what you’re even laughing at:
hourly momentum oversold (true)
starting to hook up (true)
three higher low candles on the hourly (true)
must be the part about “better late than dead” which was just IMO

superxy wrote:

MrMiyagi wrote:

2318.png

recently up pbar is not working well

SPY p-bars @ $185.33 are late “dark pool” sell prints …

http://stocktwits.com/The_Stock_Whisperer

The consolidation range is born. Buy.

SPX 5m top left some see a sloppy invs H&S yellow neckline, or we triangle.. yellow/green.. into the close.. with a bigger move near EOD .. as per usual

SPY@dejavu arrows

Al_Dente wrote:

BullBear52x wrote:

Al_Dente wrote:Hourly momentum oversold (pink arrow) and starting to hook up, just about near to crossing the 20 line (pink arrow)
I have to wait until it crosses, I don’t catch the exact bottom, but my style is better late than dead
Note three higher low candles on the hourly

sure

Don’t be laughing at me boss….
Not sure what you’re even laughing at:
hourly momentum oversold (true)
starting to hook up (true)
three higher low candles on the hourly (true)
must be the part about “better late than dead” which was just IMO

Boss I can feel your itching fingers to fill the gap

Pagat wrote:SPY@dejavu arrows

I am afraid it is quite different, at least from intermarket perspective.

100% mm down, hopefully

Al_Dente wrote:

BullBear52x wrote:

Al_Dente wrote:Hourly momentum oversold (pink arrow) and starting to hook up, just about near to crossing the 20 line (pink arrow)
I have to wait until it crosses, I don’t catch the exact bottom, but my style is better late than dead
Note three higher low candles on the hourly

sure

Don’t be laughing at me boss….
Not sure what you’re even laughing at:
hourly momentum oversold (true)
starting to hook up (true)
three higher low candles on the hourly (true)
must be the part about “better late than dead” which was just IMO

the last hourly bar turn over.

Time to buy monkeys

BullBear52x wrote: Boss I can feel your itching fingers to fill the gap

Frankly I was astonished that on such a crash day the bears couldn’t manage another 37 cents to double-bottom or 38 cents to breakdown
(20 jan low $181.02 vs today’s low so far $181.39 = 37 cents differential).
At the moment I have to call that a “successful” test for the bulls, at least temporarily…. but bears may get another shot today at lows here/now……

Al_Dente wrote:

BullBear52x wrote: Boss I can feel your itching fingers to fill the gap

Frankly I was astonished that on such a crash day the bears couldn’t manage another 38 cents to double-bottom or 39 cents to breakdown
(20 jan low $181.02 vs today’s low so far $181.39 = 38 cents differential).
At the moment I have to call that a “successful” test for the bulls, at least temporarily…. but bears may get another shot today at lows here/now……

If we closed green today, Hiekin-Ashi daily candle will still count as a success, but a gap drop below 1835 this morning worry the bullish camp by a lot.

Today could be the opposite of yesterday , i am waiting for the 1842...

Just a possibility

VIX still spiky..

What’s with the higher lows, with NO green ticks (at least not on the 5min closing tick view)
In fact more big red ticks, suggests more down
Oy

Question is...can we fulfill the ES 1790 measure move target from last week by tomorrow's close