10/25/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


SHORT-TERM MODEL NOT SURE IF THE TREND IS DOWN NOW, HOLDING TRAPPED LONG POSITION OVERNIGHT

The bottom line, the market had no 2 consecutive down days in October, so let’s see if bears can finally break the rule tomorrow, otherwise, still is the old saying, one day dose not make a trend, therefore it’s nothing today.

A little little bullish biased (64% chances) toward tomorrow because today is a Major Distribution Day.

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