Cobra's Market View Private Messaging System shows:
Nothing special, a typical bullish Monday as everybody knows. Still don’t think that all the cycles due this week or early next week will fail, so maintain the view that we’re very close to a turning point which right now looks like a top.
- 1.0.7 SPX Cycle Watch (Daily) –> still 3 cycles due.
- 1.0.8 SPX Cycle Watch (Moon Phases) –> Maybe failed or it means a bottom.
- 1.0.9 SPX Cycle Watch (60 min) –> Failed.