Cobra's Market View

2017.75 intraday bears failed, so.....that is another key number to lean on as strong support beside this recent intraday 61.8% @ 2020.5ish.

Bullish or Bearish bias doesn't pay. Price pays. Peace!

BUT for USA customers the price of oil is decreased. WTI should be down but is up just because no one can read?

Futures rebounded after the announcement that the desert kingdom would increase December prices for Asia and Europe, while decreasing those for U.S. customers.

MrMiyagi wrote:

3903.png

triangle, bias still up.

FlowerGirl wrote:

FlowerGirl wrote:SPY, cleared to break the SB.....

BLOCK TRADE: $SPY 616,822 shares @ $201.75 [11:34:14]
This just proves how stupid I am...

Target 2168? Or does it reflect some type of time target?

Update:

:geek:Long DUST @ 41, S/L: breakeven, Target :top of channel Before Dust goes to Dust...

According to JPM:
Since the end of 2008, QE is responsible for an “equity wealth boost” of $9 trillion dollars.
About 1200 S&P points has been due to the FED (that is almost the entire increase since the lows of 2009).
Currently the total stock of US corporate equities is $29 trillion dollars. JPM calculates that QE gave us 32% of that.

grandeG wrote:

FlowerGirl wrote:

FlowerGirl wrote:SPY, cleared to break the SB.....

BLOCK TRADE: $SPY 616,822 shares @ $201.75 [11:34:14]
This just proves how stupid I am...

Target 2168? Or does it reflect some type of time target?

Or is it 6822 = ?

uempel wrote:BPs getting stronger by the minute

http://stockcharts.com/freecharts/candl ... BPFINA|B|0

Uempel,

Can you invite this damn " BPs" over party tonight? I want to make them drunk so tomorrow they don't get up! That's the only way I can see we can calm this monster down...

Junior Buffett wrote:

uempel wrote:BPs getting stronger by the minute

http://stockcharts.com/freecharts/candl ... BPFINA|B|0

Uempel,

Can you invite this damn " BPs" over party tonight? I want to make them drunk so tomorrow they don't get up! That's the only way I can see we can calm this monster down...

Warren, I thought you were a value investor, buying solid US companies with a good dividend yield - value for the long run. I didn't know that you were a trader too

Fatigue level in BPSPX will determine the ST Top in SP500.
Underworld is keeping a close eye on this one...

uempel wrote:

Junior Buffett wrote:

uempel wrote:BPs getting stronger by the minute

http://stockcharts.com/freecharts/candl ... BPFINA|B|0

Uempel,

Can you invite this damn " BPs" over party tonight? I want to make them drunk so tomorrow they don't get up! That's the only way I can see we can calm this monster down...

Warren, I thought you were a value investor, buying solid US companies with a good dividend yield - value for the long run. I didn't know that you were a trader too

Haha...after missing on big down trend and profit last month....I am hoping to see that repeats again..screw the long term for that quick bucks.. can you please invite now?

Two infos: A) gray grid resistance (which I have marked with green polka dots ) and B) a dashed red vertical time signal for Wednesday

yea or nea?

Here we go again. Russell breadth is now negative - not that it makes a difference.

2017ish it is...Peace!

vol surge, biggest red, so might see rebound here first then we'll see.

FlowerGirl wrote: Fatigue level in BPSPX will determine the ST Top in SP500.
Underworld is keeping a close eye on this one...

Sibyllic FG prophecy shown in a plain BPSPX chart:

Eesh.. oil dropping like a stone here.