Cobra's Market View

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Back to the range top, so 50% chances of Double Top here, personally I won't count on it though as the trend is up, so most likely another new high but if it's not a decisive new high then bears still have hope for a 2 legged pullback. Let's see.

members only update starts here: http://www.cobrasmarketview.com/2013/07 ... ay-update/

Cobra: If you don't mind, can you post your thoughts on GLD /SLV for next few days in intra day update section?

Cobra - ditto for me re posting about GLD/SLV

SPX 15m.. possible cyan channel .. if it sticks...

seems to repeat what happened yesterday morning. are we going to down the same amount?

morning gap filled SPX 15m

well, at least target met. I need see how rebound goes first before yelling this bear has legs.

OMG look at the daily chart.
That is all.

SPX 15m

careful... on 4week trend line SPX 60m

what a bear spike !!

Surely not one legged.

volume surge, may see rebound here first which likely would be sold.

SPX 60m retest of May highs

SPX 15m some possible channels.. blue

SPY 3-Min RSI-EMA above 50% for a few bars

Good Trades,
PanamaJack

this rebound may have small legs, but overall, i think there should be a 2nd leg down.

SPX 15m another look

we're here.