Cobra's Market View Private Messaging System shows:
The bottom line, the short-term trend is up, I hold partial long position overnight.
Two tricks today, both are bearish biased toward tomorrow or the next Monday.
When CPC <= 0.80, 17 out of 21 times (81%) a red day the next day.
When ISEE Indices & ETFs Only Index >= 100, 26 out of 37 times (70%) SPX had a lower close than the trigger day within 2 trading days. Yes, I do notice that ISEE Index is crazy again as I wanted you guys to pay attention last night, but, here is a another but that we’ll talk about in tonight’s report, so stay tuned…