Cobra's Market View

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Flat open, so any gap will be filled.

No sharp pullback from here, then I see nothing wrong the Global ES.

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

Gap up and Doji, if DAX closed right here then it could be an exhaustion gap, might see pullback of some kind in the following days, which likely would be bought though.

I am watching 159.02 as a support line. Below is a nice short.

AAPL Fast and Furious Set Up, will attempt to fade when signal is in

Out of Bounds wrote:I am watching 159.02 as a support line. Below is a nice short.

Got my order and I'm short

sometimes, the previous day pattern carries into the 2nd day. here's an example. H&S Top target met.

Cobra wrote:sometimes, the previous day pattern carries into the 2nd day. here's an example. H&S Top target met.

Does the bear have legs?

Xian wrote:

Cobra wrote:sometimes, the previous day pattern carries into the 2nd day. here's an example. H&S Top target met.

Does the bear have legs?

I'd say so... looks like my H/S hourly pattern might play afterall.. Let's see where we find support. Should be around 157.80

Xian wrote:

Cobra wrote:sometimes, the previous day pattern carries into the 2nd day. here's an example. H&S Top target met.

Does the bear have legs?

Sure does look like it to me.

Out of Bounds wrote:

Xian wrote:

Cobra wrote:sometimes, the previous day pattern carries into the 2nd day. here's an example. H&S Top target met.

Does the bear have legs?

Sure does look like it to me.

You've been on fire lately, that's for damn sure.

Congrats. I don't do "bros", but if I'd did I have one for you OOB. Nice job.

Did something happen? Spreads blew out for about 30 seconds there.

Closest Pbar from yesterday for SPY is $158.48.

Unique wrote:AAPL Fast and Furious Set Up, will attempt to fade when signal is in

Well, that was easy

volume surge, might see rebound here first then we'll see. probably the pullback isn't over yet.

158.20? Looks like it could happen..

Consumer confidence came out above expectations at 10 am.

$SPX: If the ED is correct price should not breach the trend line

15min bars, SPY successfully retesting its (still upslope) 50 period MA...

Xian wrote:

Out of Bounds wrote:

Xian wrote:

Cobra wrote:sometimes, the previous day pattern carries into the 2nd day. here's an example. H&S Top target met.

Does the bear have legs?

Sure does look like it to me.

You've been on fire lately, that's for damn sure.

Congrats. I don't do "bros", but if I'd did I have one for you OOB. Nice job.

Yeah, I'm too old for "Bros". so... Thanks, old chum!