Cobra's Market View Private Messaging System shows:
THE SHORT-TERM TREND IS DOWN, I HOLD BOTH LONG (TRAPPED) AND SHORT OVERNIGHT
76% or 67% chances are green day tomorrow, but GENERALLY the pullback shouldn’t be over yet as I see only the very 1st down leg on the SPY 60 min chart, so at least missing one more leg down.
Cobra Impulse System initiated another short position today. Just a reminder though, the short setup had only 68% winning rate.
MECHANICAL TRADING SIGNALS:
|Long-term||2 of 2 BUY|
|Intermediate||5 of 5 SELL||5 of 5 NEUTRAL||Cobra Impulse in SELL mode; Non-Stop in SELL mode.|
|Short-term||6 of 6 NEUTRAL|
|SPY SYSTEM||ENTRY||STOP LOSS||INSTRUCTION: back test is HERE, signals are HERE.|
|Non-Stop||05/10 S||N/A||Short is for aggressive traders only.|
|CI Swing||*06/01 S||2*ATR(10)||*Short position initiated on 06/01.|
DEMO ACCOUNT FOR SHORT-TERM MODEL: