Cobra's Market View Private Messaging System shows:
THE SHORT-TERM MODEL BELIEVES THE TREND IS DOWN HOLDING BOTH LONG (TRAPPED) AND SHORT OVERNIGHT
The bottom line, finally we saw the pullback that we’ve been talking about recently. However, whether the pullback is short-term in nature or something big, we’ll have to wait and see. The only thing we could be sure is the low wasn’t in yet.
A little bullish biased toward tomorrow because today is a Major Distribution Day, so about 61% chances a green day tomorrow, almost close to random but still better than nothing.