Cobra's Market View Private Messaging System shows:
SHORT-TERM: COULD SEE PULLBACK AS EARLY AS TOMORROW
- Most likely today’s high is not the high, so accordingly the very first pullback should be a buy.
- Either red tomorrow or the short-term top is very close.
Why most likely is today’s high not the high? Still the same reason I mentioned yesterday, a forward accelerating car cannot be stopped without slowing down first. No RSI negative divergence means the car is still accelerating forward.
INTERMEDIATE-TERM: MORE SELLING AHEAD
See 06/24 Market Outlook for more details.
SEASONALITY: BEARISH THURSDAY BULLISH FRIDAY
ACTIVE BULLISH SIGNALS:
ACTIVE BEARISH SIGNALS:
ACTIVE BULLISH OUTLOOKS:
ACTIVE BEARISH OUTLOOKS:
HIGHLIGHTS OF THE OTHER ETFS IN MY PUBLIC CHART LIST: