Cobra's Market View

Up 1 week, the next week has 54% chances to close up, 77% chances to make a higher high.

So more up.

SPY daily.

Downhill bias.

EMAs down, and in the right order.

Inside candles.

Wild days. Sharp down. Sharp up.

Marubozus, bullish and bearish.

Huge gaps down.

Sto up.

MACD up but way under zero, and it has not crossed over.

Volume very strong the last 6 days.

Sideways, No Man's Land.

I expect more stock market shocks due to tariff turbulence. China vs USA. USA vs the world. 80 individual deals coming? Not likely. Trump could rip them up anyway. Expect more chaos. Will China and the world knuckle under? I don't think so.

"It is what it is department" Understand buy dips and sell rips. Buy dips are when pro buying the weakness, Sell rips is when pro selling the strength. Are you a PRO? that's the question.
How dip are we longer term? lets look at $BPSPX. bullishness is in the tank. but look at the history when sh*t hits the fan, it turns out a good buying opportunity or the new breakdown like 2008. are we that over price and that bubble? remain to be seen. from this chart, this is weekly chart, earlier this week RSI were dip under 30 only to return and closed back up above 30 by Friday, I'd like to see this burry under 30 for a week or so before a hard buying for longer term, this is a buy but light one with manageble stops, last time this buying signal hit was when the China virus hit, and this time is also China tariffs hit. Be greedy Friday, $CPC showing another level of complacent, dip buying for the third time, will this be the charm? Only Price Pays!
Swing setup: buy inside the box, make or break remain to be seen. well above 5DMA. Intraday: inside day, bullish Harami >61.8%, here too leaning bullish than bearish. that's it for a stock market, time frame of a trade is key play....Trade well, your chart is your only friend. Peace!

Nice long review of why JP Morgans fund collar is pushing the market around. Apparently above 5290 they are likely to buy ES and below they sell.
https://x.com/i/grok/share/m8baxFke5vT5WoUGdjcZ53CHk

Multiple ip addresses attacking this forum. Had to stop them. I don't understand why people keep attacking this forum?

Now speed should be normal...

Cobra wrote: ↑Sun Apr 13, 2025 1:22 pm Multiple ip addresses attacking this forum. Had to stop them. I don't understand why people keep attacking this forum?

Now speed should be normal...

It's probably cletus and all his aliases and ip addresses.

Plus other members on here with multiple aliases and ip addresses.

The ones I've seen on here seem to have jealousy issues. Your site is popular, and filled with valuable content. Plus your management style is very user friendly and tolerant. At this time there are pretty much zero ''bad actors'' posting on here, with some probably still lurking.

Full support for Cobra.

JFR wrote: ↑Sun Apr 13, 2025 8:53 pm

Cobra wrote: ↑Sun Apr 13, 2025 1:22 pm Multiple ip addresses attacking this forum. Had to stop them. I don't understand why people keep attacking this forum?

Now speed should be normal...

It's probably cletus and all his aliases and ip addresses.

Plus other members on here with multiple aliases and ip addresses.

The ones I've seen on here seem to have jealousy issues. Your site is popular, and filled with valuable content. Plus your management style is very user friendly and tolerant. At this time there are pretty much zero ''bad actors'' posting on here, with some probably still lurking.

Full support for Cobra.

Thank you. Today's attacks were the most serious one. Hopefully it's fixed. You should have noticed when visiting the forum, it now requires extra security check which lasts for a couple of seconds.

$AAII bulls - $AAII bears showing extreme bearishness, not extremely extreme yet though

The forum was under DDOS whole day today, I had to enable extra security checks. You will see the checking screen every time when connects to the forum for a couple of seconds. Sorry for the inconveniences.

THANK YOU, Cobra and the Board.
THANK YOU, Cobra for hosting this forum.

IMHO
Bad times usually bring out more property crimes.
The DDOS might be from state-sponsored bad actors in a wholesale attack looking to steal user data.

Thanks Cobra and followers for your knowledge and input. Larry