Cobra's Market View

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

Global ES is a clear Measured Move, 100% target is 1608. Just don't forget the normal NFP day pattern: Open high goes lower. Info only, I don't know if today will follow the same pattern or not.

members only update starts here: http://www.cobrasmarketview.com/2013/05 ... ay-update/

Taking the day off. I'm not trading this.

Out of Bounds wrote:Taking the day off. I'm not trading this.

A breakout followed by nonsensical fade isn't your idea of fun?

SPX 1600 Finally, so beautiful.

WOW huge gap up on lowered expectation unemployment numbers that were actually horrible,what ever happened to 350- 400k jobs to grow economy.Throw out T.A. market is rigged.Did Benny light the fuse on futes and shorts forced to cover

johnnywa wrote:WOW huge gap up on lowered expectation unemployment numbers that were actually horrible,what ever happened to 350- 400k jobs to grow economy.Throw out T.A. market is rigged.Did Benny light the fuse on futes and shorts forced to cover

All though in hindsite as i said yesterday everytime the indices bang the top 3-4 times its bound to break over and that is exactly what they did today.Hope this is a blow off top and ends of this leg up

ES Update

Will he finally wake up or is he down for the count?

viewtopic.php?f=2&t=907&p=129249#p129249

GOOG target has been reached. Make it rain baby

AAPL target will also be reached shortly, no worries

anyone with thoughts on USO? my calls are up over 100% and i'm feeling greedy and wondering if this monster triangle since early 2012 might be broken.

DOW INDU so close to 15,000

Enjoy the ride.

no shares to short this morning.

viewtopic.php?f=2&t=907&p=129288#p129288

SPY is above my 100% MM.

Not much else to do today for SPY, will attempt the fast and furious fade on Monday if possible.

Enjoy the free wins, peace

Strong stocks are not going up with the mkt and the weak stocks are not moving ..But enjoy the ride while it lasts.

the only thing I'd like your attention: https://stockcharts.com/public/1684859/ ... /286418274;
This bull shall have legs though. $SPY

ISM dissapoints,factory down 4% March but lot of $12 an hour jobs created,party on

Lightened up 1/3 on my long(SOS) earlier, I fear the fade but not as much as I respect the power of this market