Cobra's Market View

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Some chances the low was in because I see possible Double Bottom here. The current big red bar makes bulls in danger but before the double bottom low is taken, I'd give bulls a little more time.

the week's stock picks are here: viewtopic.php?f=10&t=942&p=132113#p132113

members only update starts here: http://www.cobrasmarketview.com/2013/06 ... ay-update/

did not see any real extremes from Snake Tricks section Friday, but this came close.....GLTA boardies today

some trendlines to watch SPX 60m

SPX 15m & 5m - small open gap on the 5 from Friday

viewtopic.php?f=2&t=938&p=131929#p131929

AAPL Update - Easy money finished, time for the backtest and patience for daily breakout if so

my messy AAPL daily fwiw. could be an inverse H&S forming... blue dashed neckline... or a very large H&S purple neckline.. for the days/weeks to come

Unique wrote:viewtopic.php?f=2&t=938&p=131929#p131929

AAPL Update - Easy money finished, time for the backtest and patience for daily breakout if so

Hammer 15min, but spy lower low non closed candle. zzzzz

Interesting tail on PFF today.

L_T wrote:Interesting tail on PFF today.

Pretty obvious what is done now .. smart dip buyers got lucky today

Today will be flat to higher trade, unless bearflag broken then hell will break loose. for new shorts I will wait for a clean break down looks to me like a bear trap set up intraday but WDIK?

viewtopic.php?f=2&t=938&p=131858#p131858

SPY Update

At Major support, BTFD too easy 5+ 15m hammers

To me the mkt seems to want to go up today..I'm out of my spy shorts and in a holding pattern..Remember fri the mkt had a P bar up to 166.31..This is also in the back of my mind..And now we just got a spike up..Wait and see.

possible double bottom. wait.

XIV triple bottom

BullBear52x wrote:Today will be flat to higher trade, unless bearflag broken then hell will break loose. for new shorts I will wait for a clean break down looks to me like a bear trap set up intraday but WDIK?

BB, your new layout looks a lot better. Makes it look clean and simple

Unique wrote:

BullBear52x wrote:Today will be flat to higher trade, unless bearflag broken then hell will break loose. for new shorts I will wait for a clean break down looks to me like a bear trap set up intraday but WDIK?

BB, your new layout looks a lot better. Makes it look clean and simple

Thanks

KENA wrote:To me the mkt seems to want to go up today..I'm out of my spy shorts and in a holding pattern..Remember fri the mkt had a P bar up to 166.31..This is also in the back of my mind..And now we just got a spike up..Wait and see.

trailing stop, still greedy.