02/04/2016 Live Update

[Cobra]

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Possible lower high, bulls beware. Need break the blue line below to confirm of course. Overall, we're in range, no break would be for real, market goes nowhere, so relax.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/02 ... ay-update/

[fehro]

SPX opening near 1904, could be the 20d by open as it curving down, at 1908 at the moment, mind the morning gap.. daily triangle 1830-40 lower side, bottom right, yellow bearish rising wedge top middle..should we hold the open and head up.

[fehro]

SPX mind today's gap, 1870-73 and 1835-1843

[fehro]

DXY slices the 200d, /GC up almost $15 from yesterday

[fehro]

/GC diamond (right) vs /CL diamond. daily… fwiw..

[uempel]

I'm intrigued by the similarity of the Jan/Feb moves in 2008 and 2016.

That this should continue is highly unlikely - but I keep on checking the similarity of the pattern

Daily SPX in Jan/Feb 2008

1 min SPX in 2016

[daytradingES]

Dir -1
Mid Chg 11
Range est 36.00

[chickencoop]

Thanks for updating this analog -- the similarity so far is uncanny~~

I'm intrigued by the similarity of the Jan/Feb moves in 2008 and 2016.

That this should continue is highly unlikely - but I keep on checking the similarity of the pattern

208B.png

208C.png

[fehro]

SPX 20d 1905.10 at open.. SPX green, VIX green… caution

[josephli]

I'm intrigued by the similarity of the Jan/Feb moves in 2008 and 2016.

That this should continue is highly unlikely - but I keep on checking the similarity of the pattern

208B.png

208C.png

boss, in 2008 we had a two day double bottom. 2016 we have no retest of bottom of any kind as yet.

[josephli]

once again, USD got dumped, crude pop up market. I have ben amazed by how market has kept together despite huge forex move in the past few days.

[Trades with cats]

Small Caps (TF Futures) and the ES both ramped strong from around 9 am to 9:35. Feels soo very familiar.

[josephli]

megatechs are again being sold.

[fehro]

SPX no gap this am < 20d 1904.73, VIX holds channel

[Cobra]

need sharp down otherwise no worry, the pullback would be bought as so far it's just a bull flag.

[josephli]

Small Caps (TF Futures) and the ES both ramped strong from around 9 am to 9:35. Feels soo very familiar.

good thing or bad thing?

[uempel]

Update on the 1 min:

[josephli]

crude may be in short term extreme OB with top forming . bull beware here.

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2016/02 ... ay-update/