08/26/2009 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


The most noticeable event today was the CPCI shot to a multi years high at 2.09 which according to the rule I found recently, means very likely a green close tomorrow (counting dashed lines). The reading seems very unusual but I don’t find any edges from the most recent history about what it could mean on a little bit longer term.

CPCI CPCIWatch

Meanwhile, we have both SPX and VIX closed in green which by counting the red lines in the chart below, 9 out of 13 times recently a red close the next day.

SPXandVIXWatch

Personally I lean toward a green close tomorrow. I’ll present more reasons in tonight’s report. See you there.

  • Anonymous
  • shopsmart
  • Anonymous
  • Anonymous
  • aFei
  • Anonymous
  • Anonymous
  • Anonymous
  • Anonymous
  • Cobra
  • Cobra
  • Anonymous
© 2013 Cobra's Market View — All Rights Reserved.