Cobra's Market View

Before we bottom, trin will have to hit 2. Often it will happen at the very bottom. Other times, it does it a few days early. So there's still a washout in the wings.

Its kinda like trin hits 2 either at the bottom or a few days early, and there will be a bullish macd cross either at the bottom or a few days late. We've got neither. We're still dropping.

Out of Bounds wrote:

user13 wrote:

Out of Bounds wrote:BREADTHS all positive now.

Squeeze time

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

we will see energy next week monday!!

DellGriffith wrote:Before we bottom, trin will have to hit 2. Often it will happen at the very bottom. Other times, it does it a few days early. So there's still a washout in the wings.

Its kinda like trin hits 2 either at the bottom or a few days early, and there will be a bullish macd cross either at the bottom or a few days late. We've got neither. We're still dropping.

why you hate BULLS man?? leave them alone!

I think market will in holding pattern after Bullard comments...Bears are very careful now since they have seen how FED can pump this to 2000!

SPY 185.88 SHORT

The most definitive statement one can make right now is short all rallies. Unless you've been short all this time and keep riding it down.

SPX 2m.. still looks weak, bearish flag from LOD.. not clean.. morning gap now filled

3 push up?

Long SPXS @ 28.88 Just a scalp....

NY advancing volume = 1.8x declining volume
NY advancing stocks = 1.7x declining stocks
Bulls have been slowly picking up steam from bears covering

VIX hourly still bear-spy

PAPA:
I am watching you
you turncoat

Cobra, You stole back an arrow! Not fair, man.

Cobra wrote:3 push up?

That looks like 2 to me as the 2nd downward arrow didn't push the next few candles downward?

now THAT was one hell of a p-bar
clearly visible on stockcharts 1min and 5min
[where's mrmiyagi-san?]

if today is range day, it should pullback from here which is range high. let's see.

Al_Dente wrote:now THAT was one hell of a p-bar
clearly visible on stockcharts 1min and 5min
[where's mrmiyagi-san?]

I had a buy (to cover) limit order in and it sure didn't trigger even though I can see it on TOS. Lowering my limit because of it though

Out of Bounds wrote:

Al_Dente wrote:now THAT was one hell of a p-bar
clearly visible on stockcharts 1min and 5min
[where's mrmiyagi-san?]

I had a buy (to cover) limit order in and it sure didn't trigger even though I can see it on TOS. Lowering my limit because of it though

bulls will need to fill yesterday's gap..... resistance held so far....
http://www.youtube.com/watch?v=FRozWFKJph8

S&P breadth is now negative
Others positive but declining

ANOTHER PBAR!

MrMiyagi wrote:

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