07/30/2009 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


If, pay attention to “IF”, the CPC from the stockcharts.com reads correctly which sits at 0.66, then good chances a red close tomorrow. The reason, I said “IF” is because from the official CBOE site, the CPC is now at 0.72 which not only means 77% chances a green close tomorrow but also a firework trading setup was triggered. As usual, I’ll use only stockcharts.com as the standard, so I will for now maintain a down day prediction unless I see something else in tonight’s report.

CPC

Oh, SPY now has 8 unfilled gaps with lots of negative divergences on chart below, so very hard to image we’ll have yet another gap up tomorrow and that gap remains unfilled…

SPY60min

16 Comments on "07/30/2009 After Bell Quick Summary"
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    July 30, 2009 at 6:18 pm
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