Cobra's Market View

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could be 3 push up then lower high therefore the chart favors bears a little bit.

members only update starts here: http://www.cobrasmarketview.com/2019/10 ... ay-update/

Yesterday spinning top candle needs confirmation today. and look at /ES today, Bears need to take down over night low for confirmation, will it? that is my 5 handles question. leaning bearish today. selling now.

Weak bears can not keep negative tick more than 15 min.

Watching this triangle. Just bounced back into it. Waiting for more direction!!

If we closed red today, I am sure more red on Monday, But, bears need to work today.

I am eyeing 85sh atm.

Would like to see yesterday's low broken before I start looking at shorts. So far a sit on my hands day!

Do we get a bounce or the beginning of a fall?

te_fern wrote:Do we get a bounce or the beginning of a fall?

Undervalued C/P Index PUTS > Calls = DOWN

Thus it begins ?

If you use TOS platform, look at $VOLD, when it's negative you sell or stay out. PERIOD

Maybe a bear trap, but we'll see!

Getting the back test, major decision time....

Cash SPX: There will be a fight here for support, will bears be able to break through? I am think it will but realize that this is a must hold for short term swing guys.

Need new low and then here we go!

Take half off the table and relax with morning coffee.

More than Three Undervalued C/P PUTS for each Call = WAY DOWN

Just beginning ?

Been up so long

Got to hold here or it was probably a trap...

sharp down in the next couple of bars then it's downtrend day with perhaps later day reversal up, key time.