11/08/2010 After Bell Quick Summary


Cobra's Market View Private Messaging System shows:


The bottom line, the short-term trend is up. I hold partial long position overnight because the mini price target hasn’t met, not because it’s safe to hold overnight.

Could be a Symmetrical Triangle or for QQQQ, a Rectangle pattern in the forming, either way, they both mean continuation so chances a little bit better the market may continue higher from the current level.

SPY15min

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