Cobra's Market View

fehro wrote:VIX 15m.. weak

Last few times VIX got into this neighborhood, it was within days of a short term high.

SPX 5m.. break the neckline... retest uptrend line from Sept 3rd... green line?

“Score one for Apple (AAPL) fans! In a burst of enthusiasm that seemed unthinkable just weeks ago, customers are lining up at Apple stores worldwide in hopes of being among the first to buy the latest iterations of the iPhone. Despite initial skepticism ... the hands-on reviews have been glowing and the consumer frenzy is on.”

http://finance.yahoo.com/blogs/breakout ... 9.html?l=1


http://www.youtube.com/watch?v=b0TDNR3NEY0

SPX 15m

dashed red was chosen. here's 100% mm. I see SPY chart has been dividend adjusted, so will be back to SPY chart in the next update.

VIX 15m.. now that options week is over..

100% mm on spy. Fib 61.8% mm was already reached so any more than it is bonus.

INTRADAY DIVERGENCE:
Nyadv = 990 (bear)
Trin and volume ratio (bear)
XIV remains bullish

Al_Dente wrote:INTRADAY DIVERGENCE:
Nyadv = 990 (bear)
Trin and volume ratio (bear)
XIV remains bullish

920xiv bull_png.png

Can't blame anyone for not buying puts here (or relatively more calls). Daily and weekly charts pretty bullish.

US: Reminder- there are 4 Fed speakers today:
20-Sep 12.30pm KC Fed's George speech at Shadow OMC in NYC
20-Sep 12.40pm Fed Gov Tarullo speech on finl regs, New Haven CT
20-Sep 12.55pm StL Fed Pres Bullard speech at NYABE <--------------- just told that FED could tapper alittle next month ! But who cares....
20-Sep 1.45pm Minn Fed Pres Kocherlakota talk at options conf, NYC

SPX 5m... near possible support.. MA. red trend line

I do better in Vegas.

L_T wrote:Can't blame anyone for not buying puts here (or relatively more calls). Daily and weekly charts pretty bullish.

XIV now turning down, 2 min
higher low

Not that it is really for here, but the sentiment trader and stock almanac findings are not quite accurate.

Comment is at the bottom

http://www.cobrasmarketview.com/2013/09 ... ersal-day/

-D

For pbar collectors, here is one from IB (miniS&PDec2013 @ 3250 !!!!!!!!!!!!!!!)

100% mm target met. this bear shall still have legs.

SPX 5m