Cobra's Market View

First of all, that $10 per month deal for my daily report subscription at http://www.cobrasmarketview.com will expire on Sunday Jan 15 and will never be available again, so if you haven't made up your mind, it's the time now.


Small gap up so the gap might be filled.

I see clear rising wedge on the global ES now, just the wedge could last very long time, so not much to say here other than normally the overnight high may get revisited. Let's see.

Good Morning.

Honey...what are you doing with toy?

http://99ercharts.blogspot.com/2012/01/cube.html

Trying to solve debt problems.

Honey?

ES http://99ercharts.blogspot.com/2012/01/es_12.html

Try calling a top instead.

GLTA.

Hola Board

1/12/11, Credit Suisse equity strategy
(“kool-aid” advisory)
http://screencast.com/t/PW7Qee1p9

[edit: ooops i mean 1/12/12]

Al_Dente wrote:Hola Board

1/12/11, Credit Suisse equity strategy
(“kool-aid” advisory)
http://screencast.com/t/PW7Qee1p9

[edit: ooops i mean 1/12/12]

Good Morning, thanks for sending those internals Al, I'm checking them out. Interesting forecast from CS

Copper up 2.4%

Al_Dente wrote:Hola Board

1/12/11, Credit Suisse equity strategy
(“kool-aid” advisory)
http://screencast.com/t/PW7Qee1p9

[edit: ooops i mean 1/12/12]

Are we in the "euphoria" stage with the market, given the news around the world? What do you make of it?

Good morning!
SPX ready for a good size Pinocchio wave:

Cobra, Morning!

At what point is the double bottom on EURUSD confirmed? Thanks.

the open.

Third time is the charm, can't help but front run this resistance zone. Stop at 1311

resistance.

noob wrote:Cobra, Morning!

At what point is the double bottom on EURUSD confirmed? Thanks.

I don't think it's double bottom.

Tick trivia:
15 day eyeball-lookback on the new tick guideline I was testing. I’m not crazy about it, it’s a bit redundant with VWAP and the 250ma on 1 min. We might do just as well using spy higher lows and higher highs on the way up, then LL and LH on the way down as signals???
The green circles on the chart indicate where it signaled bull, and the red line/boxes were bear.
I might have to throw it in the shite-can. Any comments?
If anyone found a more useful setting for the tick guideline, please share it.

http://stockcharts.com/h-sc/ui?s=SPY&p= ... =253547715

wake up call…. http://www.youtube.com/watch?v=0aDKAmnLUw0

PAGING EFA: I’m not smart enough to answer your question. Am not joking.

GM, early bird become early worm, well, got sell signal for the third time, this time must be the charm.

Cobra, any view on HD?

Honey?

SPX http://99ercharts.blogspot.com/2012/01/spx_12.html

Is the Fat Lady singing?

I can imagine buy stops up to around S&P 1300 + a little. Should those get run, we'll have a pretty one sided market.

It was a Christmas gift unloading longs at open for me.

BullBear52x wrote:GM, early bird become early worm, well, got sell signal for the third time, this time must be the charm.

...as reflected in UPRO:

If you draw a lot of lines on top it must be a resistance and Neon the chart up