Cobra's Market View

This is the broad market on Aug 11, 2015.
AGO, HFC, MBI, MPC, PBF, SA, VLO found on Aug 11, 2015.

AGO, MBI pullback after spike was too large, so disqualified.
HFC, PBF, VLO was a loser.
MPC buy never triggered.
SA, entry 5.8, stop loss, 5.45, 1x target 6.15, 2x target 6.50, 3x target 6.85.

nvda found on Jan 10, 2011. This is a perfect setup, only one red bar and no more drop below the red bar indicating very weak bear.
cy found on Jan 10, 2011 had no red bar until very late. whether it's a good setup, will need research more.

Feb 7, 2011
tmk, I don't think it's a bull spike. wlk, the signal bar was good and the entry bar was ok.

sfl and usg found Aug 29, 2011, both pullback too much after the spike, so no buy.

Oct 24, 2011
brkr, the pullback thereafter was too much so no buy.