Cobra's Market View

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].


Gap down below Friday's low, so the gap might not be filled.

Global ES is testing wedge support (also support area because it's been consolidating here a lot in the past), let's wait and see. The actual key is the thick blue line below, bears need break below that line to confirm double top.

Weekly stock picks: viewtopic.php?f=10&t=815&p=116441#p116441

GM

dollar so far so good

O: viewtopic.php?f=2&t=813&p=116227#p116227
DAX Eurostoxx

members only update starts here: http://www.cobrasmarketview.com/2013/02 ... ay-update/

I see nothing wrong on DAX yet, usually the very first meaningful pullback would be bought (I didn't mean today), the story only begins if the bought cannot make a new high, so bulls still have time.

Check this Fib cycle...

Momentum Block
Global Equity Futures: Bullish
Key Currency Pairs: Mildly Bullish (3/1 Bullish/Bearish)
SP500 Futures resting at a trend line of significance. Breakdown target is ~1489

US30 : I am still on the bullish side here and thinking about retail trap

O: viewtopic.php?f=2&t=811&p=115878#p115878

the open.

just for the record closing hedge on silver

Light Long.

Composite trend signal still up.
Summation index signal wobbled a bit last week but closed in up mode.

My SKEW chart did put out a correction warning on Friday.
A break of last weeks low would get me neutral.
I'll be paying close attention this week for other signs of a turn.

KeiZai wrote:just for the record closing hedge on silver

uf that was close

This $VIX chart is what we need pay attention especially if SPX makes another new high while it doesn't follow https://stockcharts.com/public/1684859/ ... /258792096;

$SPX: If a pullback has been kickedoff it is required an eod print < 10 dma = 1499

NYDEC 2000

TWT wrote:$SPX: If a pullback has been kickedoff it is required an eod print < 10 dma = 1499

cobra, can you please explain.

PAGING UEMPEL
Germans lead
In this transformation using identical parameters VDAX (VIX equivalent for DAX index) seems to hint a change in trend a little bit earlier than VIX
Currently: Bullish SPY

" bears should make decisive new low, otherwise its over for bears "

cobra please dont say anything like that today , need to make some money

If SPY hits 150.10 it will have broken both Cobra support line and 15min bar 200MA at the same time..