07/24/2009 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


I don’t know what next Monday will bring us. Some idea about Monday gap up open though:

If we have a gap up open next Monday, then it’d be the 8th gap on the SPY chart.

SPY60min

Also, since Monday gap is also a weekly gap which is very rare. We’ve already got a weekly gap this week, so what the chances might be, we have another weekly gap and it remains unfilled?

NDXWeekly

So the conclusion is that maybe the Monday gap up open, if any, will be filled in a short time therefore bears who sneaked in before the close might have chance to escape unharmed.

Cumulative TICK from www.sentimentrader.com, if someone still is interested, still shows negative divergence.

CumTICK

  • Anonymous
  • Anonymous
  • Anonymous
  • Cobra
  • Anonymous
  • aFei
  • RL
  • Cobra
  • Anonymous
  • 秋之皓月
  • Anonymous
  • Anonymous
  • Anonymous
  • Anonymous
  • Anonymous
  • Schweizer
  • Anonymous
  • Jim
  • Jonas
© 2013 Cobra's Market View — All Rights Reserved.