Cobra's Market View

Last upside SPY p-bar I had from November 13, 2015 at $230.35 was just tagged.

Many many downside p-bars from throughout 2016 remain open anywhere from $180.50 to $199.11

An older SPY p-bar at $209.52 from July 8, 2016 was tagged earlier today.

a couple other p-bars reside below this at $206.74 and $206.67 from June 30, 2016

SPY p-bar at $217.62 from August 11 is tagged on the downside

remaining p-bar nearby at SPY $216.37 from 8/5

QQQ p-bar at $115.17 from December 7 of last year obliterated at the open

QQQ p-bar at $114.65 from December 9 tagged this morning

Only remaining open upside p-bar is at $115.17 from Dec. 7

QQQ p-bar at $113.86 from January 4th is met
$114.65 & $115.17 remain open above from December

QQQ p-bar at $113.27 from January 7 is met ...... $113.86 remains open above

QQQ p-bars at $112.31 and $112.32 from Feb 24 and Mar 11 are met.

Upside older unmet targets are $113.27 $113.86 $114.65 and $115.17 from Dec 2015 to early Jan 2016

There are two close by QQQ p-bars within reach but yet to be met at $112.31 and $112.32 from 2/24/16 & 3/11/16 respectively

QQQ p-bar at $111.90 from Jan. 4, 2016 met at the open

$212.97 SPY p-bar from July 23, 2015 met
flirting with QQQ p-bar at $111.20 from April 19, 2016

Well two super old p-bars from July 2015 appear to be met $212.80 from July 21 and $212.97 from July 23

Very old SPY p-bar from November 4 residing at $211.03 was tagged

SPY p-bar at $206.85 from May 17 met

MrMiyagi wrote:

K447 wrote:Somehow I was expecting a picture of a room full of boxes yet to be unpacked...

It was a hurricane zone up to yesterday, at least we can move around now.

Welcome back, hope your move was a success !!

QQQ p-bar at $104.67 from March 11 fulfilled on the open this morning. Next downside p-bar is at $102.57 from March 1
SPY got within a few pennies but didn't quite reach the p-bar at $203.94 from April 12

SPY p-bar at $203.94 from April 12 looks within reach on any downdraft

Some stale upside SPY p-bars remain from early this year and going back to last summer $211.30 $212.80 $212.97 and the outlier $230.35

Old pbars on SPY at $210.70 and $210.80 from Dec 2 tagged

SPY p-bar at $208.90 from Dec 31 just tagged on this spike higher

Remaining near term upside pbars are at $209.24 and $209.73 from Dec 18 and Dec 7 respectively