Cobra's Market View

So who's placing bets on a gap down ?

Cobra, do you maintain the plan that we will have a higher high than 1392 ahead? Does the intraday drop to 1373 big enough to negate the call? Thanks

well, guess that's it for today. tomorrow is the key day because we'll find out what "believe me, it'll be enough" mean. The SPY 60 min chart doesn't look bearish yet though. thank you guys, I'll see you tomorrow.

lets pray

BullBear52x wrote:

KeiZai wrote:Fly babe , bulls failed u will never get my money 3 push-ups on broken channel...seeya at the gap

BB.png

Nice chart boss, GL.

Thanks BOSS what about SPY?

KeiZai wrote:

BullBear52x wrote:

KeiZai wrote:Fly babe , bulls failed u will never get my money 3 push-ups on broken channel...seeya at the gap

BB.png

Nice chart boss, GL.

Thanks BOSS what about SPY?

more update tonight at my blog. taking a break now, will get back to the drawing board soon today, got a lot of data to sort thru.

Petsamo wrote:So who's placing bets on a gap down ?

me IWM - W O W

BullBear52x wrote:lets pray

ugly dog

TraderJoe wrote:

MrMiyagi wrote:SPX flat RUT tanking.

The small cap use to lead both ways, perhaps it wil do so again??

see my monthly chart earlier..

No one knows.


Like I know ....


http://www.youtube.com/watch?v=B-3JiDVl1O4

SPY has a long way down to catch up to IWM

more update tonight at my blog. taking a break now, will get back to the drawing board soon today, got a lot of data to sort thru.

Thanks will check it in the morning take a break

Al_Dente wrote:

BullBear52x wrote:lets pray

ugly dog

it's lion

ask this guy

KeiZai wrote:

more update tonight at my blog. taking a break now, will get back to the drawing board soon today, got a lot of data to sort thru.

Thanks will check it in the morning take a break

bear bars are not confirmed on SPY but sell the rip is on on all 4 indexes see my update. I am checking out now.

BlackThought wrote:SPY has a long way down to catch up to IWM

Here's a much better, simpler view.



IWM is extremely weak relative to SPY.

Petsamo wrote:

BlackThought wrote:SPY has a long way down to catch up to IWM

Here's a much better, simpler view.



IWM is extremely weak relative to SPY.

.."Here's a much better, simpler view."... what?

BullBear52x wrote:

KeiZai wrote:

more update tonight at my blog. taking a break now, will get back to the drawing board soon today, got a lot of data to sort thru.

Thanks will check it in the morning take a break

bear bars are not confirmed on SPY but sell the rip is on on all 4 indexes see my update. I am checking out now.

WOW nice P-Bar love ur pics, great job buddy

jdow wrote:

Petsamo wrote:

BlackThought wrote:SPY has a long way down to catch up to IWM

Here's a much better, simpler view.



IWM is extremely weak relative to SPY.

.."Here's a much better, simpler view."... what?

SPY divided by IWM
High numbers on the chart means the numerator is stronger than the denominator
If SPY tracked IWM perfectly, the line would be flat

Petsamo wrote:

jdow wrote:

Petsamo wrote:

BlackThought wrote:SPY has a long way down to catch up to IWM

Here's a much better, simpler view.



IWM is extremely weak relative to SPY.

.."Here's a much better, simpler view."... what?

SPY divided by IWM
High numbers on the chart means the numerator is stronger than the denominator
If SPY tracked IWM perfectly, the line would be flat

thanx Petsamo.. See it now... Still hort IWM.. yeah baby

Daily Elders. 10 of 15 still green for world. Dr Al., look at new value on left. We have a good drop in volume,We have a good drop in greens. We are siting on resistance from 7-19. Should be limited range day down. I have a feeling Draghi will have more impact on the market than any TA. If they copy the US, Europe will drag their feet so nothing will happen until after the weekend.