Cobra's Market View

Up 4 weeks in a row, the next week has 67% chances to close up, 81% chances to make a higher high.

Over the weekend, please take a little time to vote for Cobra, thanks: https://stockcharts.com/public/1684859/ ... /533449377

"It is what it is department" "This market will not end well" "It's so overbought with no fundamental to support it" or "this market will crumble on its own weight" LOL, heard that and been there, it will correct, everyone including grandpa sees it.
If, one thing I can look to tell if the collection (relief rally correction) to start, I want to see a red summation index to pop up at the minimum, last time I checked, market doesn't care about my feeling or what I thought short term, only price pays!. Swing setup is on the buy; next dip will be bought until then...... keep it simple. Intraday: nothing to be bearish about as of Friday's closed, this thing can change on a dime, I will let the fibbo do it's thing, I will just follow it. same playbook different day. Peace!

SPY and BWET.


https://www.cnbc.com/amp/2026/04/25/cru ... tocks.html

BWET is getting attention in the media. It has been on my watchlist for a long time.

It is trying to resume its trend up from a pullback. It is benefitting from actions in the Hormuz strait.

SPY is a ballistic missile. Trying for a breakout from a base.