Cobra's Market View

Al_Dente wrote:

BullBear52x wrote:Here is the weak link

what does "triangular" mean bub?

continuation pattern

trading below 5dma I am shopping for bearish pattern until they move back up above it. see SPY never fall below it.

Al_Dente wrote:UEMPEL econoday is calling it “quadruple witching” Friday ...

Of course it's a quadruple, but the old guys (and even the old journalists) still call it Triple-Witch. Al_Dente, not everybody here is as young as you are

stalling? or break up?

one min

uempel wrote:

Al_Dente wrote:UEMPEL econoday is calling it “quadruple witching” Friday ...

Of course it's a quadruple, but the old guys (and even the old journalists) still call it Triple-Witch. Al_Dente, not everybody here is as young as you are

Dr. Al

sorry miss read your question the moving triangular is double smooth MA, not once but twice the average.

Sell, DING DING

I trade GMCR but missed the pop up off of the pull back a few days ago and it is up again today..It still may be a good trade because it has a long ways to go and near term trend is up..It is worth watching.

BullBear52x wrote:Sell, DING DING

I beg your pardon ?

I trade GMCR but missed the pop up off of the pull back a few days ago and it is up again today..It still may be a good trade because it has a long ways to go and near term trend is up..It is worth watching.

SPX: Maybe this is the short term path into OPEX day

Mario TR wrote:DXY Daily

DXY-1D.png

DXY at 2 hour chart, close to see a rebound?

DXY-2h.png

Great charts Mario. Thanks for posting!

EvilTrader wrote:

BullBear52x wrote:Sell, DING DING

I beg your pardon ?

my silly term for "hit the go button" is Ding ding ding
when trigger signal I call it "tick tick tick" get ready but no go.
crazy eh? well, pardon my lack of vocabulary

I am long, but I have to say the open interest numbers on my screen make me nervous.
Does it seem right that we would head quietly to the highs into triple witching day with a lopsided options book?
Am I missing something?

BullBear52x wrote:Dr. Al
sorry miss read your question the moving triangular is double smooth MA, not once but twice the average.

thx I have a hard time stealing I mean reproducing that on stockcharts

So is cheaper gasoline just around the corner?

2 legged pullback already, not much harm done, so the bias is up.

take a look at this, the top 6 are the back door, the bottom 3 are the front door for PR purpose.

Mr. BachNut wrote:I am long, but I have to say the open interest numbers on my screen make me nervous.
Does it seem right that we would head quietly to the highs into triple witching day with a lopsided options book?
Am I missing something?

Open Interest.jpg

I'm surprised, thanks for the info. I was convinced that bearish bets were bigger. By the way there's a SPX signal for 12:40 p.m. - can you squeeze in your lunch until then?