Cobra's Market View

cobra do you think we might retest todays low on the 60 min utes?

Update:

SPX 2m.. could be the start of a move

AAPL selloff has driven QQQ back to the waters of the double 200days mentioned earlier, right about 91.50... also at the lower bollyband, which is now of infinite width, after haven been squozen for so long.

grachu wrote: cobra do you think we might retest todays low on the 60 min utes?

I have no idea for now.

I'm going to guess they will sell into the close. Seems like no one wants to hold.
GOOGL reports afterhours, maybe some help there. Please don't be another NFLX, that would destroy this market...

IWM, recent RS leader, on the verge of putting in a lower intraday high here, ca 108.

Bear flag on hourly SPY chart?

Short term intraday trade level.

Bull flag resistance on second level is clear bulls know what to do to stay alive.

TLT ca LOD is NOT indicative of fear into close, but high VXN readings is a sign of fear. Perhaps Google earnings, indecision...

ER tomorrow

MrMiyagi wrote:

3843.png

1820 is still open as well?

Update:

members only update at 3:45 pm
http://www.cobrasmarketview.com/2014/10 ... ay-update/

XOM recovering nicely from its intraday swoon, as USO holds comfortably above 31.

well, guess that's it for today. OE day tomorrow has been bear friendly according to stock trader's Almanac. 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

Bullish Percentages into the close: only technology is in the green, the others are all way down except the big caps of OEX - BPOEX is flat.

http://stockcharts.com/freecharts/candl ... BPFINA|B|0

I am bullish bias for tomorrow, but bulls doesn't give me a comfort higher price to lean on.

MrMiyagi wrote:

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Do you see the p-bar at $187.69 as fulfilled given the high earlier today coming within $0.11 ??