Cobra's Market View

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

========================================================================================================================================================================

Bear Flag? Not sure as nowadays, bear flag mostly not work.

weekly stock picks are here: http://www.cobrasmarketview.com/2014/07 ... ock-picks/

members only update starts here: http://www.cobrasmarketview.com/2014/07 ... ay-update/

Vote Cobra. gltaTreasury Bonds Pull Back As Supply Looms

SPX 15m.. for a change.. no morning gap filled another gap...

SPX 60m.. breaking 12-14 week uptrend line

retest of the 200day SMA (shown on hourly) on the RUT coming up - hold or fold.

SPX 15m.. mind the interday gap 1974.5ish SPX < 20d SMA

fehro wrote:SPX 15m.. for a change.. no morning gap filled another gap...

That's funny, was looking at the 15 minute too.

June Pending Home Sales -1.1% vs -0.8% Briefing.com consensus; Prior +6.1%

Stepping aside, grabbing a coke, doing nothing

INDEX dailies.. RUT <200d SPX<20d COMPQ<20d DOW nearing 50d ... TLT new yearly highs

vol surge,may see rebound here first then we'll see.

1 hour. Do or die. That's quite a downward slope.

No position.

My summation signal is neutral.
My composite trend signal is up with two critical indicators down.

I have no setups on deck at the moment, which is fine because my models are signaling a mixed bag here.
Mid to late week is a lot of news, which may clarify Mr. Markets conviction.
End of month is also on deck.
I think my models are telling me that this bull trend is really long in the tooth but still hanging on as bears are extinct.

BOT SPY 196.83. Seeing if LOD is in.

Closed shorts, looking to go long till tomorrow. Waiting for those double arrows.

New stockcharts visual:
RRG scatter plot with a 10-week tail shows momentum and relative strength vs SPX
Currently it shows NDX, OEX and TRAN in the leading quadrant (green), and the INDU weak, etc.
It is customizable for stockcharts subscribers
http://stockcharts.com/docs/doku.php?id ... rrg-charts

POMO today
http://www.newyorkfed.org/markets/tot_o ... tml#tabs-1
also tomorrow 29th and thurs 31st

$SOX crashing in the last couple of days.
Now way outside daily BB.
Why and is this a leading indicator?