06/10/2016 Live Update

[Cobra]

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H&S Top breakdown. target is possible. also I don't think bulls would be able to reverse up again for the 5th time. it may try reverse up again but it should fail eventually. let's see.

[fehro]

SPX Opening at 2100… mind the open gap here 2101-2098 .. 2093 next level, that goes.. look for 20d/50d 2081/2076 seems possible.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/06 ... ay-update/

[fehro]

SPX pre-open VIX 15.12-15.25 key.. over that look out below indexes .. VIX target 16.25

[sleeman]

taking this too far down would freak the mkt out too much, bears would not be able to distribute. Taking it into the green today would allow the wkend for bulls to build confidence for further distribution on Monday.

[BullBear52x]

/ES traders, my target of M6 was 2102 which is the same level as 2194 of U6. technically speaking we are quite extended here, little stress, hourly is way over sold. I will lay it up from here.

[fehro]

/ES traders, my target of M6 was 2102 which is the same level as 2194 of U6. technically speaking we are quite extended here, little stress, hourly is way over sold. I will lay it up from here.

As per yesterday.. you see 2102 .. look for another 10+ points lower .. delivered this am

[fehro]

SPX hold short stay short

[BullBear52x]

/ES traders, my target of M6 was 2102 which is the same level as 2194 of U6. technically speaking we are quite extended here, little stress, hourly is way over sold. I will lay it up from here.

As per yesterday.. you see 2102 .. look for another 10+ points lower .. delivered this am

all good either way, right now no buy under 91. will buy above that, selling to continue.

[Out of Bounds]

$ADUSD opened at -3341 and is currently -4182
There have been no green bars on the 1 minute chart

[Out of Bounds]

taking this too far down would freak the mkt out too much, bears would not be able to distribute. Taking it into the green today would allow the wkend for bulls to build confidence for further distribution on Monday.

"Taking it down" is precisely how bears distribute.

[fehro]

Pause here possible.. 2093 better support.. vIX into resistance… Covering some shorts here.. from Yesteday, Wed

[Al_Dente]

[BullBear52x]

spx 2096 is very important, a trade below that today will give sell signal to all short term spectrum. I think they will hold for the weekend musing. or they need to anyhow.

[fehro]

/CL nears 20d SMA as mentioned yesterday, wed.. 49.16 Weekly candle gravestone -ish inverted hammer.. like SPX could see weakness for weeks ahead. W/D/60m

[sleeman]

taking this too far down would freak the mkt out too much, bears would not be able to distribute. Taking it into the green today would allow the wkend for bulls to build confidence for further distribution on Monday.

"Taking it down" is precisely how bears distribute.

You've been given the mandate to short a a few million $ by an event date. You need to do this over time and at an average price.

[BullBear52x]

My mid term = Buy, we are in a buy the dip zone, I will find excuse to buy today.

[Cobra]

members only update at 10:10 am
http://www.cobrasmarketview.com/2016/06 ... ay-update/

[fehro]

Weeklies look weak… bears need to hold it near here or lower till end of day..

[MrMiyagi]

spy