Cobra's Market View

Posted: **Fri Sep 20, 2013 2:06 pm**

Cobra wrote:mm. I think Fib 61.8% mm is possible.

why IWM so strong?

Posted: **Fri Sep 20, 2013 2:09 pm**

fib 61.8% mm target met. volume surge, so might see rebound here. the rebound must exceed mini rebound target before bulls see hopes.

Posted: **Fri Sep 20, 2013 2:11 pm**

wishful wrote:
Cobra wrote:mm. I think Fib 61.8% mm is possible.
why IWM so strong?

so it's only big caps are sold.

Posted: **Fri Sep 20, 2013 2:18 pm**

wishful wrote:
Cobra wrote:mm. I think Fib 61.8% mm is possible.
why IWM so strong?

maybe need to wait for the last 40-20 minutes for the move.. if there's going to be one

Posted: **Fri Sep 20, 2013 2:21 pm**

Cobra wrote:
wishful wrote:
Cobra wrote:mm. I think Fib 61.8% mm is possible.
why IWM so strong?
so it's only big caps are sold.

Can be blame in HP, Alcoa and BofA? HP is even Green... Bankamerica is a little red but high volume...

Posted: **Fri Sep 20, 2013 2:21 pm**

Dow getting pretty close to closing the gap.
Definite change in character since the 9/06 low.

Posted: **Fri Sep 20, 2013 2:27 pm**

rebound as expected. now let's see if it could make the mini target.

Posted: **Fri Sep 20, 2013 2:29 pm**

SPX 15m.. green channel support, or retest of blue channel?

Posted: **Fri Sep 20, 2013 2:31 pm**

wishful wrote:
Cobra wrote:mm. I think Fib 61.8% mm is possible.
why IWM so strong?

I read it as smallies showing relative strength = market resiliency = buy the dip.

Posted: **Fri Sep 20, 2013 2:33 pm**

Banks (red) were the ones pulling us down
(percentage performance, juice)

Posted: **Fri Sep 20, 2013 2:34 pm**

fehro wrote:quite the reversals on the miners... GDX/NUGT back to the FED announcement

very disturbing for gold long.

Posted: **Fri Sep 20, 2013 2:37 pm**

Posted: **Fri Sep 20, 2013 2:39 pm**

unable to fulfill the mini target. sorry, the selling isn't over yet.

Posted: **Fri Sep 20, 2013 2:48 pm**

Is any one using Tradestation and can help with some charts setup ?

Posted: **Fri Sep 20, 2013 2:50 pm**

good bull bar. let's see any follow up. again, mini target must be exceeded first.

Posted: **Fri Sep 20, 2013 2:58 pm**

Posted: **Fri Sep 20, 2013 3:01 pm**

!!!!!! POWER HOUR !!!!!!

Posted: **Fri Sep 20, 2013 3:09 pm**

BBRY halted, any news?

Posted: **Fri Sep 20, 2013 3:11 pm**

Posted: **Fri Sep 20, 2013 3:12 pm**

MrMiyagi wrote:BBRY halted, any news?

"news pending"

09/20/2013 Live Update