01/12/2016 Live Update

[Cobra]

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Double bottom, text book target at 1964ish which also is Fib 38.2% so reasonable.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/01 ... ay-update/

[Unique]

I'm layering into a NQ swing trade for 100points upside with current initial risk of 27~.

First bullet shot @ 4235

FWIW, those that entered long SWING with me on NQ (or used ES)

My minimum target is 4338.50 which is 100points upside from average of 4228.50. Remember, this is an initial risk of 27~ for 100, stick with the plan.

Scalp/day trade wise, 8EMA/20EMA supports on 5m/15m charts are good to enter on this feedback loop squeeze. Mini deadcat bounce bull train within the context of a bear train....remember your timeframes

Target fulfilled, congrats passengers of the train!

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ES: Adjusted current projections. (Buying all dips today unless 1HR 20EMA fails). 1943, 1955, 1965 targets. The latter two targets confirm itself when above 1945

[fehro]

SPX - dead cat bounce… question is how high ?… first trend of resistance… 1948 SPX 5m downtrend…mind the morning gap.. to the downside.. 1905ish first trend support

[fehro]

SPX

[uempel]

SPX shows a channel giving support at yesterday's lows.

[uempel]

Checking non-Fib resistance levels:

[Unique]

NQ higher high gentlemen. ES not yet

[Cobra]

members only update at 9:38 am
http://www.cobrasmarketview.com/2016/01 ... ay-update/

[uempel]

Fed on Wednesday: Does anybody know: will there be a press conference by Yellen tomorrow? Or is it only a press release?

[Unique]

Seat belts on...ES roof coming off if trigger above 1937.50 should immediately squeeze to the 1943.50 hourly extreme oversold target

If above 1945, confirms 1955 and 1965 extensions

[fehro]

SPX near first resistance, as VIX nears Support - mind the pink triangle SPY 5m.. should we 'chop' Triangle today…not sure

[Unique]

NQ target extension is at 4370-4390

[Wallstreetrader]

GM

Time to invert to sh

[uempel]

Wrong - it's January 27th

Fed on Wednesday: Does anybody know: will there be a press conference by Yellen tomorrow? Or is it only a press release?

[fehro]

SPX exited majority of longs.. here .. dabble short again small position

[DellGriffith]

my system is on a sell signal. looking for gap fill.

[Denali92]

Fed on Wednesday: Does anybody know: will there be a press conference by Yellen tomorrow? Or is it only a press release?

WHAT are you talking about???

FOMC meeting is not until Jan 26 - 27th..... And NO press conference! Next up is the ECB next Thursday, the 21st.

-D

[Denali92]

AMAZING how similarly we are technically to last month's opex week.

No need to rush to read this one, but there are a few pertinent points.

http://www.cobrasmarketview.com/2016/01 ... ay-update/

-D

[Unique]

I see 1928 backtest first minimum first which is 1hr 8ema, then possibly up again.