Cobra's Market View

First of all, if you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp
If you're not StockCharts member, click the link once a day should also help me. During the regular trading hour, I frequently update the SPY 5 min chart, I've put the link in my signature, so it doesn't cost you much by clicking it, at least you can have a real time feel about how my evil plan progresses during the day. Thanks.

Small gap down, so chances are the gap will be filled.

I'm neutral on the global ES, it's the 3rd touch on the trend line so normally there'll be some buyers there. The feeling is the overnight high will get revisited. How the high gets revisited will give us some clues whether we'll finally see some pullbacks.

Thanks Cobra, will click the link once a day

any thoughts on DAX? seems to be running into strong resistance.

Cobra wrote:First of all, if you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp
If you're not StockCharts member, click the link once a day should also help me. During the regular trading hour, I frequently update the SPY 5 min chart, I've put the link in my signature, so it doesn't cost you much by clicking it, at least you can have a real time feel about how my evil plan progresses during the day. Thanks.

Small gap down, so chances are the gap will be filled.

I'm neutral on the global ES, it's the 3rd touch on the trend line so normally there'll be some buyers there. The feeling is the overnight high will get revisited. How the high gets revisited will give us some clues whether we'll finally see some pullbacks.

1.png

Cobra wrote:First of all, if you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp
If you're not StockCharts member, click the link once a day should also help me. During the regular trading hour, I frequently update the SPY 5 min chart, I've put the link in my signature, so it doesn't cost you much by clicking it, at least you can have a real time feel about how my evil plan progresses during the day. Thanks.

If you are using Firefox this add-on will help you refresh any page at an interval of you choice.
http://reloadevery.mozdev.org/
Open Cobra’s 5 minute chart and activate this option to continue seeing an updated version until as long as you wish.

noob wrote:Thanks Cobra, will click the link once a day

any thoughts on DAX? seems to be running into strong resistance.

Cobra wrote:First of all, if you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp
If you're not StockCharts member, click the link once a day should also help me. During the regular trading hour, I frequently update the SPY 5 min chart, I've put the link in my signature, so it doesn't cost you much by clicking it, at least you can have a real time feel about how my evil plan progresses during the day. Thanks.

Small gap down, so chances are the gap will be filled.

I'm neutral on the global ES, it's the 3rd touch on the trend line so normally there'll be some buyers there. The feeling is the overnight high will get revisited. How the high gets revisited will give us some clues whether we'll finally see some pullbacks.

The attachment 1.png is no longer available

Thanks. I cannot see realtime DAX now (stockcharts turned that off), so no idea about what's happening. The daily chart looks OK, could see pullback but it's just a pullback.

the open.

target.

Cobra wrote:First of all, if you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp
If you're not StockCharts member, click the link once a day should also help me. During the regular trading hour, I frequently update the SPY 5 min chart, I've put the link in my signature, so it doesn't cost you much by clicking it, at least you can have a real time feel about how my evil plan progresses during the day. Thanks.

Small gap down, so chances are the gap will be filled.

I'm neutral on the global ES, it's the 3rd touch on the trend line so normally there'll be some buyers there. The feeling is the overnight high will get revisited. How the high gets revisited will give us some clues whether we'll finally see some pullbacks.

1.png

GM All,

Mr C. What is the weakest group right here? jimme

Harapa wrote: If you are using Firefox this add-on will help you refresh any page at an interval of you choice.
http://reloadevery.mozdev.org/
Open Cobra’s 5 minute chart and activate this option to continue seeing an updated version until as long as you wish.

most convenient plugin for this job. thx for the tip!

jimme wrote:

Cobra wrote:First of all, if you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list here: http://stockcharts.com/public/1684859/tenpp
If you're not StockCharts member, click the link once a day should also help me. During the regular trading hour, I frequently update the SPY 5 min chart, I've put the link in my signature, so it doesn't cost you much by clicking it, at least you can have a real time feel about how my evil plan progresses during the day. Thanks.

Small gap down, so chances are the gap will be filled.

I'm neutral on the global ES, it's the 3rd touch on the trend line so normally there'll be some buyers there. The feeling is the overnight high will get revisited. How the high gets revisited will give us some clues whether we'll finally see some pullbacks.

1.png

GM All,

Mr C. What is the weakest group right here? jimme

I don't know. I set "Day Trade" seems not many there.

small double bottom I see, so the low could be in.

indeed double bottom, so here's the target.

Cobra wrote: Thanks. I cannot see realtime DAX now (stockcharts turned that off), so no idea about what's happening. The daily chart looks OK, could see pullback but it's just a pullback.

http://tools.boerse-go.de/index-tool/

General consensus today: WTF?

now bears see some hopes here because there're chances the revisit to the overnight high failed (I said some chances). Let's see if bears can break below the overnight low here.

All EYES on AAPL... no new high and wandering towards a gapfill? Hmmmm. GLTA jimme

su_root wrote:

Cobra wrote: Thanks. I cannot see realtime DAX now (stockcharts turned that off), so no idea about what's happening. The daily chart looks OK, could see pullback but it's just a pullback.

http://tools.boerse-go.de/index-tool/

Thanks.

What's getting UNG excited now

Cobra, one suggestion for your StockCharts public charts:

For those of ppl who are not StockCharts members, they may want to see the intraday 1 minute chart for SPX, INDU, COMPQ etc. If you can put some intraday chants in one page, it may encourage them to use that page as their reference all day along. I remember that is what I did few years ago when I cannot open my trading platform behind my company firewall.

-Waver

Wondering if this channel resistance will mean anything when we get there, sitting around 1411/1412.

For swing traders, EWP (Spain) is doing well. Relative to Brazil (EWZ), Spain got very weak and it has a bounce. The following chart is EWZ / EWP x 55. High numbers mean Spain is weak.