06/12/2015 Live Update

[Cobra]

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H&S Top? generally the pullback would be bought though.

[fehro]

SPX repelled at the 20d and possible downtrend again on the 60m. Also closed back under the long term uptrend on the daily not shown on this chart.

Mind yesterday’s morning open gap and 50d 2102.6 range for a tag. Break 50d look for possible 20w 2090.31. To the upside mind the next possible trends, open gap.
VIX 15m in a bullish falling wedge closed at trend line , the hourly expanded the channel VIX held support.

Bulls want to hold 50d/20w and then set up a possible pink invs H&S (top middle chart) a pattern I don’t like as it is not near a “bottom”, but the market doesn’t care what I think and they have been working quite consistently over the last couple of years,

Weekly candle close today will be of interest again, of course the bulls want/need the 20w 2090 range to hold. Bears would like a close below this weeks open 2094 ideally, bearish rising wedge break on the weekly.

Something for everyone today.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/06 ... ay-update/

[gappy]

fx.PNG

Hourly.

Capture.PNG

Vote Cobra. glta

[fehro]

/ES delay data ...@ 2092.5 ... but gap on the daily chart (TOS) .. and below the 50d 2099.50 a tad bearish

[fehro]

SPY 15m... H&S target from yesterday.. tagged in the pre-market

[uempel]

Update:

[fehro]

SPX covering some shorts from Wed 20w close at 2090

[jway888]

Update:

t.png

that's a nice long way to the downside

[fehro]

AAPL into the previous open gal. under 50.. covering most of AAPL puts from Wed +75%

[Daniel]

Ugh. XLE two-day island reversal. Out with a loss.

[fehro]

/GC gold active this am @ 1182.. delayed data on this chart.. mind 20/50d 1191/1195 .. .. possible invs H&S on the daily.... could see a neckline pop over the weekend.. again let the least amount of people in .. over 50d, 200d seems reasonable

[fehro]

SPX .. VIX pulls back.. SPX back up to 50d?.. didn't quite tag 20w...

[Cobra]

members only update at 10:05 am
http://www.cobrasmarketview.com/2015/06 ... ay-update/

[fehro]

INDEX days

[Daniel]

xop, ilf LOD (xle, eem, ibb close, but not yet)

Transports HOD

[Daniel]

xop, ilf LOD (xle, eem, ibb close, but not yet)

xle, eem, ibb fresh LOD

TLT hod

xli, qqq, SOX now green since the Open (just barely)

[fehro]

SPX 20w 2089.56

[uempel]

Update:

The attachment t.png is no longer available

that's a nice long way to the downside

Might have found a temporary shelter at the center line of the red channel

[fehro]

this could be it.. flat-ish for the rest of the day.. maybe bounce between 20w/50d.. but close weekly.. a big fat doji on support..