Cobra's Market View Private Messaging System shows:
SHORT-TERM MODEL NOT SURE IF THE TREND IS DOWN, HOLDING BOTH LONG AND SHORT OVERNIGHT
The bottom line, the feeling is no good, but if my feeling could forecast the market well, I should be sunbathing at a famous beach now, the reality is I’m still blogging here so pretty much proves that my feeling has no credit.
Let’s see how “Bearish Thursday” plays out tomorrow. Since the Aug lows, the Thursday had 60% chances to close in red, not a high odds, but still better than Monday, Tuesday and Wednesday that all had above 70% chances to close in green.