05/06/2015 Live Update

[Cobra]

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double bottom or double top or simply a range? wait and see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/05 ... ay-update/

[fehro]

SPX ..mind the lower open gap..and trends orange "possible" triangle... longer term trends (Oct low) SPX breached...VIX over 14.90/15 could see a sharper down move... 20w 2074 RUT <20w SMA

[fehro]

DXY nearing "possible" support

[fehro]

USOIL.. near possible resistance

[cletus]

I see it as an ascending triangle which should break higher and resolve to 2200+

[Unique]

CL Update:

Hourly target has been reached. Next line of resistance is daily 63.7, weekly 65.5.
For the ultra bullish, 200DMA = 69.04 right now.
Pretty easy trades on CL since yesterday's breakout, ride it till it dies (below 1hr 20ema).
Easy money don't come around often, keep banking it!
EIA today, so volatility will spike.

[Out of Bounds]

I see it as an ascending triangle which should break higher and resolve to 2200+

Why stop there?

[fehro]

VIX green, higher high .. SPX green

[Unique]

NFLX Update: Easy money alert, gap fill immediate potential
Note: Correctly battling the 1h 20ema

[Out of Bounds]

Closed premarket short as we approach yesterday's lows. May rebound

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Edit: Nope. I got out of shorts too soon.

[Tutti]

I see it as an ascending triangle which should break higher and resolve to 2,200,000+

Why stop there?

Go big or go home...

[Unique]

GOOGL Update: 100DMA target reached

[Unique]

Closed premarket short as we approach yesterday's lows. May rebound

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Edit: Nope. I got out of shorts too soon.

The rebound was overnight to work off ES Extreme Oversold Signal, now it's game time for straight down daily continuation bar to yesterday's large full bear

[uempel]

Looks as though SPX failed to get back into the upper rhomboid. Now the next good support is the lower dashed line at approx 2082

[fehro]

SPX .. possible support.. middle chart.. if not orange.. 2074? VIX >BBand

[fehro]

SPX

[daytradingES]

late start and too slow off the mark.. sigh!

[Unique]

GOOGL Update: New hourly 100% MM
Might be overextended, we'll see

[fehro]

SPX possible support range.. close another portion short.. let the rest run.. looking to go long..