Cobra's Market View

BullBear52x wrote:

Mr. T wrote:

Out of Bounds wrote:

BullBear52x wrote:Too stretch
I can not buy from here intraday will only be flat to down. most likely flat into the weekend, this could just be another boring day for day trade.

I don't think this will be a range day. I think consolidate here and further trend up this morning. After that I am out

100% agree

give me 30 min. I'll tell you if you will be right or wrong about higher close.

You get a signal yet? Snog just went green

Al_Dente wrote:Bull internals
If bulls could hold nyadv >2000
They should be ok

67onemin_png.png

thanks for the good breath!

here was some stuff I looked at, idea from Mclellan daily letter, posted earlier today on last nite blog, looks kinda bullish i/t?download/file.php?id=45860&t=1

10yr TLT looks to be in a range, trying to figure out which one! (that 30min renko chart not include today action...)download/file.php?id=45864&t=1

Out of Bounds wrote:

BullBear52x wrote:

Mr. T wrote:

Out of Bounds wrote:

BullBear52x wrote:Too stretch
I can not buy from here intraday will only be flat to down. most likely flat into the weekend, this could just be another boring day for day trade.

I don't think this will be a range day. I think consolidate here and further trend up this morning. After that I am out

100% agree

give me 30 min. I'll tell you if you will be right or wrong about higher close.

You get a signal yet? Snog just went green

yeap, but too stretch for me here. /ES hourly RSI = 86+

RSI on hourly or daily. It doesn't matter I guess

BullBear52x wrote:

Out of Bounds wrote:

BullBear52x wrote:

Mr. T wrote:

Out of Bounds wrote: I don't think this will be a range day. I think consolidate here and further trend up this morning. After that I am out

100% agree

give me 30 min. I'll tell you if you will be right or wrong about higher close.

You get a signal yet? Snog just went green

yeap, but too stretch for me here. /ES hourly RSI = 86+

Just sold my longs - put a target in earlier and it got executed. I forgot to adjust it upward when I got my signal.

Agree with you though, too high to chase here and I will not buy a dip when SPY already up 2.

Have a good weekend everyone!

breakout as expected. tinted area the target.

Unique wrote:BIDU part 2 breakout. Daily+Weekly. Trade first

What's your target? Fill the gap around 106.5x?

All the up P Bars have been satisfied..Now what, maybe to the moon,Lets see.

RSI still not oversold on hourly yet.

BullBear52x wrote:

wayne0708 wrote:

Cobra wrote:good start, this bull may have legs.

Let's see how price action at 20dma, but I do agree this bull has legs.

This bulls will continue to have legs until RSI hit 100

but OUR RSI GOES TO 101! (in land of qe...)

wayne0708 wrote:RSI on hourly or daily. It doesn't matter I guess

here too, it's buy signal

Today prove another one of my point that wait for RSI of < 70 if you really really really want to go evil on this market.

$SPX: Weekly chart is improving

Daniel-David wrote:IWM above 5, 10, 20, and 50day MAs now, and showing green Elder bar.

-um.. that was a minute ago.

I think Elder impulse is harder to capture faster direction of R2K. There is none b/c we can't out smart Mr. Market. We are in indecisive zone right now, anything could happen. I like MACD and William % R and BB,STO.
BTW daily R2K is still in negative territory but gradually going up.

L_T wrote:

Unique wrote:BIDU part 2 breakout. Daily+Weekly. Trade first

What's your target? Fill the gap around 106.5x?

Yup same as last time, same gap fill mentality.

Risk 2 for 4+ type of trades are lovely

Overshoot; at pivot resistance and channel line resist
may need to backtest channel line or something......
But nyadv still 2100 at the mom
30 min

Consolidation then breakout, not bad, the 100% MM target is 1645.75, in theory of course.[/quote]

Hit to the penny...yikes!

BullBear52x wrote:

wayne0708 wrote:RSI on hourly or daily. It doesn't matter I guess

here too, it's buy signal

looks like sell signal there boss

Apple wrote:Consolidation then breakout, not bad, the 100% MM target is 1645.75, in theory of course.

Hit to the penny...yikes!

Not hit yet