Cobra's Market View

From it is what it is Dept., Sell until it fails.

This is really boring. Tomorrow is OPEX, I'm thinking of going long A) if yesterday's low is successfully tested and B) SPX zooms past the 1845/50 area.

1837 is new line in the sand, with the Help of RSI intraday.

SPX 1m… would like to see undercut of April 2014 low 1814.36

Woah....AD went from -1100 to - 650 in a tick ....

Now everyone should see IHS is in play intraday, 1m. chart is clear.

SPX 1m… ah well new pattern… little H&S broke.. bullish falling wedge .. mind another inter day gap.. chop chop

Bebullar on the wire

here is the chart.

what is going on...

MNI: BULLARD: MAINTAINING QE WOULD KEEP POL OPTIONS OPEN GOING FWD

What was that?

BULLET: FED: St Louis Fed Pres Bullard is on Bbg ahead of....
16-oct.-2014
FED: St Louis Fed Pres Bullard is on Bbg ahead of his appearance later. He is
talking about good growth but falling infl expectations. Mentioned poss delaying
end of QE.

champix wrote:BULLET: FED: St Louis Fed Pres Bullard is on Bbg ahead of....
16-oct.-2014
FED: St Louis Fed Pres Bullard is on Bbg ahead of his appearance later. He is
talking about good growth but falling infl expectations. Mentioned poss delaying
end of QE.

http://www.bloomberg.com/news/2014-10-1 ... ng-qe.html

For the bottom fishing, this is better structure to have, but if a trade lower than 1837. the deal is off, it's something else. PRICE PAYS! Peace!

Update - bye guys, I'm off

BREADTHS all positive now.

Out of Bounds wrote:BREADTHS all positive now.

Squeeze time

A couple of alerts from HARAPA's models

Thursday, October 16, 2014
Another Long Term Model Goes "Sell"
A highly profitable and easy to follow model is now on Sell side for US Equities.
Beating the Return of B&H

Wednesday, October 15, 2014
Are we close to "The Top"?
This setup with > 28 years of history says so.
Monopoly

user13 wrote:

Out of Bounds wrote:BREADTHS all positive now.

Squeeze time

I just don't see a high enough energy level yet.