Cobra's Market View

handy on patty's day

zebra wrote:

zombiebraingoo wrote:the 60 min chart is a virtual duplcate of Nov...can anyone say fractal?

In Nov we have Santa Claus coming.
In March we have rabbit coming instead.

IT's Bunny.

not rabbit...but Jesus

zebra wrote:

zombiebraingoo wrote:the 60 min chart is a virtual duplcate of Nov...can anyone say fractal?

In Nov we have Santa Claus coming.
In March we have rabbit coming instead.

hehehe intead of hohoho? lol

BullBear52x wrote:

zebra wrote:

zombiebraingoo wrote:the 60 min chart is a virtual duplcate of Nov...can anyone say fractal?

In Nov we have Santa Claus coming.
In March we have rabbit coming instead.

IT's Bunny.

well definitely OT...
Sorry, English is not my mother tongue.. what's the difference between the bunny and rabbit? thanks.

thelefteyeguy wrote:not rabbit...but Jesus

http://www.bandoli.no/whyjesus.htm

zebra wrote:well definitely OT...
Sorry, English is not my mother tongue.. what's the difference between the bunny and rabbit? thanks.

Bunny is younger. Much much younger.

zombiebraingoo-- "sure - but where it sits is bullish imho"

Could be a H&S with its target the November high.

well definitely OT...
Sorry, English is not my mother tongue.. what's the difference between the bunny and rabbit? thanks.[/quote]


just to be polite. yes, nicer looking.

thelefteyeguy wrote:not rabbit...but Jesus

even better.. who will give Ben a lesson about how wrongful it is to sacrifice J6P for his bank friends.

BullBear52x wrote:well definitely OT...
Sorry, English is not my mother tongue.. what's the difference between the bunny and rabbit? thanks.

just to be polite. yes, nicer looking.[/quote]
what a nice BBS.. learn something everyday!

Bullbear52X,

how about buying some Fas and Tna bunnies for tomorrow???

Cobra wrote:Channel and EMA support.

hi Cobra, do bear win ? thanks

Cobra,

I don't understand why we can't say it's already a down trend, at least in the 60m chart, we've had lower highs and lower lows ...

Tabby wrote:Bullbear52X,

how about buying some Fas and Tna bunnies for tomorrow???

To hold over night? no way, these guys are now trading below 5DMA, day trade tomorrow? maybe.

For what it is worth If you look at the 60 min chart for the COMP. you can see a potential H&S forming.

greenback wrote:Cobra,

I don't understand why we can't say it's already a down trend, at least in the 60m chart, we've had lower highs and lower lows ...

Breakdown below green line, we then have our first daily lower low. Then you can call this is a possible downtrend but it could still be the 2nd leg down to test the previous low, right? So we're far from a confirmed downtrend. To trade, as I said many times, you better have positions for different time frame because once a longer time frame confirmed a trend change it might be too later, on the other hand, once a shorter time frame switch to an opposite position it might be just a whipsaw while your longer time frame position remains untounced. There's no time frame guarantee you to win all.

99er wrote:zombiebraingoo-- "sure - but where it sits is bullish imho"

Could be a H&S with its target the November high.

that's a pretty extreme trouce...let's see if the 55ma holds and if the adx and aroon pop negative.

my charts indicate 1270 the low if we impulse down - but no impulse yet

wow, though, we are right at the threshold of bounce or fail

it's great to be a bear the past month -- could sell any bounce and always win -- that's the good thing about a downtrend. Until 1280 is breached, I won't even think about buying dips. I said a break below 1280 is guaranteed so why were people "guessing" that new highs would be hit. Never trade on guesses.