Cobra's Market View

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Possible higher low, sharp up from here then the short-term low might be in. Continue down from here, it's in a range, direction is not clear until range broken either way.

Vote Cobra,glta.

weekly stock picks are here: http://www.cobrasmarketview.com/2014/01 ... ock-picks/

Good morning boardies...lets see if they can push it up in a rally today as most expect, or hit a good low first.. could go either way

members only update starts here: http://www.cobrasmarketview.com/2014/02 ... ay-update/

PMI (Purchasing Managers Index) due at 10:00 ET
Forecast 56.4

Pre mkt PB dn to 177.52 now met..Also Pre mkt PB up to 179.31 Hi may be next lets see.

SPX 15m.... break pink look for lower lines

SPX 60m, mind the open gap around 1735ish.... and lower trend lines

vol surge, biggest red bar, Friday's low, so might see rebound here first then we'll see.

This ain't easy

be very careful... VIX daily pressing downtrend channel.. break out.. things could get ugly.

VIX weekly

Al_Dente wrote:PMI (Purchasing Managers Index) due at 10:00 ET
Forecast 56.4

REPORTED DOWN AT 51.3

SPX 15m.. lower lows than last week.. mind interday gap at 1776.ish

wow..bought my first number at 1766.00 covered at 1768.00 for 2 hANDLES. Missed the second number dead nuts at 1760.25 cause things are moving fast, too bad as it probably could have been better odds of success

Bernanke has a new job
He starts on Monday [today]
http://www.reuters.com/article/2014/02/ ... sinessNews

Now, 1750.75-1752 becomes an important zone!