Cobra's Market View

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Small gap up along yesterday's high, so not sure if the gap will be filled or not.

I see 3 Push Up on the Global ES, so here's a common pattern after it. For fun only.

members only update starts here: http://www.cobrasmarketview.com/2013/04 ... ay-update/

2 SPY pbars 155.70 in premarket

This chart suggests a strong move at the opening:

and this three push up would not be THE lower high?

uempel wrote:This chart suggests a strong move at the opening:

899.png

Targets? I have a MM targeting 1582

added to shorts today. Position is underwater so I'm looking for a fade obviously. Market ignoring all news and when that happens the bull can run hard for a long time. So, I may be in a world of hurt if I am wrong. .

SPY 100% MM target has been reached with this gap up, that's too bad. Darn it, didn't do it intraday yesterday.

Can't see a gap fill today ...

Out of long from 1549 at 1569 Still looking long but expecting a decent pull back

IHS ?

Going short here, we just filled the gap in SPY April 16

I was looking for 1575.Maybe if this plows thru 1575 the 1580/85 may be in the picture and may be the pull back area..Who knows so lets see.I may take profits today.

Going against VIXies rarely pays off
Enjoy the bull ride

resistance. break right through it without taking a breath first, mostly likely would be head fake.

I have timing models saying we close near the highs of the day. And shorts should take ofer from there. (ASTRO CHARTS)

One caution for the bulls..The BPNYSE have been going dn slightly while the mkt has been up..This is a negative.

home numbers came good! more upside is possible...may be 1585 or new high!

KENA wrote:One caution for the bulls..The BPNYSE have been going dn slightly while the mkt has been up..This is a negative.

BPNYA is EOD only, how you get the realtime data?