Cobra's Market View

uempel wrote:This is for Champix and KeiZai - and for all the others who trade FDAX: Ellipses suggest that today's 9250 ain't yet the top, they point to approx 9330 next week Difficult to imagine because DAX is now way above the daily BB20/2 and about to touch the weekly BB20/2. But these ellipses tend to get it right

The attachment DAX9330.png is no longer available

Thanks Uempel that is such a nice chart yep agree DAX wants to go little higher I think there we should find the top for a wave3 from there weakness (8800?) and christmas rally(w5) before 38.2 retrace hopefully to 7800 Would be a dream plan but we have to wait at least for the ST top
The bigger picture

VIX back above the rising support, will it hold, there is still the sell signal on the break outside the BB, still holding down though, are we going to have a slow melt up into Thanksgiving possibly in the market?

ascending triangle target.

SPX 5m possible triangle break out to the upside

failed breakout now bears see some hopes.

gappy wrote:

tsys.PNG

boss the "rolling longs early" etc
does they mean rolling into longs (BUY long bonds)
or rolling out of long bonds (SELL long bonds)

sell

BullBear52x wrote:sell

Nothing left to sell everything is already sold lol

KeiZai wrote:

BullBear52x wrote:sell

Nothing left to sell everything is already sold lol

playing with fire.

Al_Dente wrote:

gappy wrote:

tsys.PNG

boss the "rolling longs early" etc
does they mean rolling into longs (BUY long bonds)
or rolling out of long bonds (SELL long bonds)

Close and open to the next period before expiration, same instrument.

double top target. not sure, wait and see. if it's still a range day then should rebound at day low.

SPX 5m triangle breakout failed.. VIX 15m possible breakout of it's minor falling bullish wedge.

BullBear52x wrote:

KeiZai wrote:

BullBear52x wrote:sell

Nothing left to sell everything is already sold lol

playing with fire.

yeah but gotta go with the plan even if we go little higher from here I am OK with it R/R is not with the bulls atm

DOW

testing day low as expected, let's see how rebound goes. my feeling is the selling isn't over yet.