Cobra's Market View

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Not a small Gap down but within yesterday's range, so I'm not sure if the gap will be filled or not.

For Global ES, I can only say that bears are attacking, need decisively break the blue line below in order to seal the deal otherwise the game is over. Bulls on the other hand lost the attack in the overnight session as apparently the rebound overnight failed. So now let's see if bears could manage another score. The encouraging sign for bears is this time is a little different as if it still were Jan and Feb, the market should have already gaped 10+ points higher at the open now.

Cobra wrote:The encouraging sign for bears is this time is a little different as if it still were Jan and Feb, the market should have already gaped 10+ points higher at the open now.

Ahah Loved it Have a nice day Cobra

Bears need strength here. Must destroy yesterday's low. Let's see if the trapdoor opens, shall we?

stucap wrote:Bears need strength here. Must destroy yesterday's low. Let's see if the trapdoor opens, shall we?

Yestrday's low is not enough, they need to break friday's low and then will be party over for bulls.

GM All,

Today is short the rip day for me. I am looking for the /ES to get to 1408 today or tomorrow forming a perfect H+S pattern and where I shall load the boat with puts. GLTA jimme

Test last weeks low,1387 a break there would be oh so sweet.Thur-Fri

tomsky wrote:

stucap wrote:Bears need strength here. Must destroy yesterday's low. Let's see if the trapdoor opens, shall we?

Yestrday's low is not enough, they need to break friday's low and then will be party over for bulls.

Just targeting the first support --- gotta get through the double bottom buyers before we can target lower, no? And it already looks somewhat oversold to me at open. Comon' bears -- perfect day for a bear trend.

DJIA* already broke that, ahead of opening!

* futures.

OIL : if the EWP is a Zig Zag the EWP is at a critical juncture

not a valid breakout yet, let's wait.

jimme wrote:GM All,

Today is short the rip day for me. I am looking for the /ES to get to 1408 today or tomorrow forming a perfect H+S pattern and where I shall load the boat with puts. GLTA jimme

Load the boat with calls at1387;the will rip this up next week and earnings will bring this down to a low mid April

the open. key time.

EURUSD, AUDJPY and futures are testing support. Rebound here more likely, but probably small.

Nydec right out of the gate >2100
“bear trend” day if it can hold >2000

Hefty insider selling yesterday AAPL
Including CEO Tim Cook, who exercised options that were just vested 24 March (see SEC Form 4 filings).

tomsky wrote:EURUSD, AUDJPY and futures are testing support. Rebound here more likely, but probably small.

So may buy orders on the ES.....

I've got this signal for 11 am:

I would BTFD right here but I don't have time to babysit today. GLTA jimme

Did they just broke tl from oct lows? First warning for bulls.

jimme wrote:I would BTFD right here but I don't have time to babysit today. GLTA jimme

jimme -- you missed the boat on aapl. unbelievable......611.25 -616.38 in 15 minutes. PENNY STOCK I TELL YOU!

Good, bulls are fighting, the wheel has turned, till now we had btfd, today we might assist stfr