03/15/2016 Live Update

[Cobra]

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The pullback generally would be bought.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/03 ... ay-update/

[fehro]

SPX opening around 2007.. mind the morning gap, and last Fri's gap 1989-1995ish.. near the 20w SMA 1991.

[fehro]

SPX

[fehro]

/ES messy H&S look for possible -16 points lower.. if overnight low goes. 1980 ish

[josephli]

USDJPY big sell off.

[fehro]

SPX.. AAPL green and up

[fehro]

SPX first level trying to hold.. smack in the middle of two gaps..2022-2015 today, and Fri 1989-1995 and mind the 20w SMA at 1991

[Cobra]

members only update at 10:05 am
http://www.cobrasmarketview.com/2016/03 ... ay-update/

[fehro]

SPX daily.. looks like, feels like, smells like… resistance.. but is it? _ VIX just spiked

[brokebybernacke2]

like green top line for target this week, with vix slam down...

[daytradingES]

7:38 AM 3/15/2016

Going to try something different today
I am making the estimates earlier
(I may revise these closer to the open)

The o/n was down and CL continued down in the o/n.
At this point it looks like it will move towards the low end first.
FE with o/n FE=LE
The open is 6.75 points to the estimated FE, 1992.25
First trade Sell near open. (this could change by 8:30)

I am expecting a sideways type move today with people waiting for Wednesday Fed.
However, if the tone at open picks up too much from CL it could continue down. This scenario is less likely if theose in control grab CL close to the open and push it up above the 36.28 for the early part of the day - see prior post.

Early numbers
Levels 15-Mar
Breakout= 2028.50
BuyStop= 2017.75
Est High= 2013.75
Resistance= 2005.75
6pts<High= 2007.75
SABB= 2003.00
Est Mid = 2001.75
6pts>Low= 1998.25
Est Low= 1992.25
Support= 1979.75
SellStop= 1988.25
Breakdown= 1981.25
Est H-L dif= 21.50

(ignore Q est numbers they are work in progress and might play out tomorrow)
viewtopic.php?f=2&t=1974&p=217989#p217989

[fehro]

bears with bad eyesight.. if you squint.. and see two tiny shoulders.. SPX 5m cyan H&S.. LOD goes.. target 1988.. Fri's gap fill

[Cobra]

rebound may have legs.

[fehro]

/ES messy H&S look for possible -16 points lower.. if overnight low goes. 1980 ish

/ES ~ ish… Tradingivew's SPX500 CFD ..RS zone

[fehro]

20w SMA 105.30 and horizontal resistance.. I'd expect AAPL to stall there weekly time frame. Don't let the strength fool you.. AAPL W/5m

[BlondU]

The only thing that keeps the market up is the DJIA...each morning the algos are rushing in to buy it and the other indices are following suit

[josephli]

the megatech once again propping up the market.

[Cobra]

100% mm?

[fehro]

INDEX days.. NDX so close to going green.. RUT lingers lower near LOD