Cobra's Market View

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Flat open, so any gap will be filled.

I see nothing wrong on Global ES. It made a tiny little lower high overnight, so if bears are able to push down below the thick blue line, then we might see a little pullback but overall, I believe the pullback would be bought.

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

*** HAPPY BIRTHDAY TO SPY ***
(she turned 20 years old yesterday)
Here’s a visual history of SPY: http://etfdb.com/history-of-the-s-and-p-500/

Momentum Block
Global Equities: Bullish except DAX
Global Currencies: Mostly Bearish
[Green: Bullish for US Equities,Red: Bearish for US Equities]

still see nothing wrong on DAX. The bias is up.

Cobra wrote:still see nothing wrong on DAX. The bias is up.

Descending Broadening Wedge ?

the open.

SigmaEcho wrote:

Cobra wrote:still see nothing wrong on DAX. The bias is up.

Descending Broadening Wedge ?

I read it as bull flag.

How long this opening near overnight lows and rallying till end of day will go on,

i am waiting for the cobras so called bearish reversal day,

NYMO did not yet confirm new SPX high

Down volume ratio is climbing
# of decliners climbing
Spy should fail here unless that changes QUICK
INTRADAY SCALPERS ONLY

chetas wrote:How long this opening near overnight lows and rallying till end of day will go on,

i am waiting for the cobras so called bearish reversal day,

me, waiting for bearish reversal day too.

Al_Dente wrote:Down volume ratio is climbing
# of decliners climbing
Spy should fail here unless that picks up QUICK
SCALPER ONLY

I hope to %&$# it fails

For the Solar Cyclers. http://solarcycles.net/2013/01/23/update-6/

TraderJoe wrote:

Al_Dente wrote:Down volume ratio is climbing
# of decliners climbing
Spy should fail here unless that picks up QUICK
SCALPER ONLY

I hope to %&$# it fails

I edited that to: "Spy should fail here unless that changes QUICK
INTRADAY SCALPERS ONLY"
but boss don't u think the dip will be bought? again?
Note Cobra’s ChiOsc on 60 min SPY is a bit high
Although the snake will probably say it is not extreme enough…….

cobra, I like to check your live chart from here: http://stockcharts.com/public/1684859/c ... /147179272
but it is no longer available, do you have a new link? thank you

happychen wrote:cobra, I like to check your live chart from here: http://stockcharts.com/public/1684859/c ... /147179272
but it is no longer available, do you have a new link? thank you

Link to 5 min chart
http://stockcharts.com/public/1684859/c ... /290112007;

Nyadv 1200
Nydec 1200 now 1300 now 1400………............
Starting out as another shite “chop/range” day
We’ll seeeeee ....