Cobra's Market View

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Huge gap up above yesterday's high so the gap might not be filled.

The Global ES made a new high overnight but it's not decisive enough so still can be seen as the 2nd test of the previous high, so key time here, no failure allowed for bulls, must be up more or at least consolidate here.

members only update starts here: http://www.cobrasmarketview.com/2013/01 ... ay-update/

Hi Cobra regarding "The Global ES made a new high overnight but it's not decisive enough so still can be seen as the 2nd test of the previous high, so key time here, no failure allowed for bulls, must be up more or at least consolidate here."

What price must be exceeded in order that resistance is considered broken?

jademann wrote:Hi Cobra regarding "The Global ES made a new high overnight but it's not decisive enough so still can be seen as the 2nd test of the previous high, so key time here, no failure allowed for bulls, must be up more or at least consolidate here."

What price must be exceeded in order that resistance is considered broken?

It is broken, now we just need see the price hold above the resistance. Drop below, say, 1458, is not good looking.

VIXies Update:
VIXies are in favor of long equities since yesterday morning.

Fake high open, then flood, can't be more boring than this. Boring week is boring

The - P - Stock did quite well, it's just a tad from the 10.75 target. I'm also on BSX as of a few days ago.

Harapa wrote:VIXies Update:
VIXies are in favor of long equities since yesterday morning.

Hi Harapa I would really to understand your charts, I have been trying to for quite a while, can you help?

the open.

jademann wrote:

Harapa wrote:VIXies Update:
VIXies are in favor of long equities since yesterday morning.

Hi Harapa I would really to understand your charts, I have been trying to for quite a while, can you help?

May be I can. If you are a subscriber, check my previous posts in "trading signals" to learn about the system. In a nutshell, I look for agreement between VIXies representing different segments of the market and the momentum of the instrument I wish to trade.

Im stunned with this market

Harapa I am currently not a subcriber. I am so unclear, that I dont even know what you are plotting on each axis or what signal to look for. sorry


Right now it appears they have resorted to weakening the dollar to boost equity valuations.

gap fill on XLI and IWM

I got 10min before I head out, last sell.

EvilTrader wrote:Im stunned with this market

I'm not trading it. Too much like gambling and I hate to gamble.

BullBear52x wrote:I got 10min before I head out, last sell.

Bullbear what is your arrow pointing at? is that MACD? Sounds like you are short now?

I'll be back in few hours, this is the last stand for da bears, now weekly is turning bullish, ????? crazy, well, can't fight them join them, not now,

jademann wrote:

BullBear52x wrote:I got 10min before I head out, last sell.

Bullbear what is your arrow pointing at? is that MACD? Sounds like you are short now?

yes, should sell since open I post the same chart yesterday before market close that this rip will be sold one last time. the arrow is pointing at MACD change in trend, and red arrow above meant wait until RSI hit high before making a move.

jademann wrote:Harapa I am currently not a subcriber. I am so unclear, that I dont even know what you are plotting on each axis or what signal to look for. sorry

In these charts I share a concept, VIXies lead moves in equities. I don't share settings of any setup here as I keep changing them.