Cobra's Market View Private Messaging System shows:
THE SHORT-TERM TREND IS DOWN, I HOLD PARTIAL SHORT POSITION OVERNIGHT
Clueless about what’s the next, but I think the bottom wasn’t in yet.
A little little bearish biased toward tomorrow for 2 reasons:
- According to Stock Trader’s Almanac, June Triple Witching Day, Dow down 7 of last 12, average loss 0.5%.
- Friday has been mostly bearish recently.
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.|
|Cobra Impulse||06/01 S||06/14 High|
DEMO ACCOUNT FOR SHORT-TERM MODEL: