10/13/2016 Live Update

[Cobra]

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for now it's bear flag or diamond as continuation pattern, so bias is down, for now.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/10 ... ay-update/

[fehro]

SPX opening near 2125 looks weak.. bear flag on the 60m breaks.. Support 2120, 2100. 20w to the upside 2142

[DellGriffith]

Daily SPY

Wave C down continues. We reached a minimum target imo two days ago but we can still drop

[fehro]

SPX

[brokebybernacke2]

near double bottom?

[Cobra]

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

[champix]

GM,
ES : 2108.50 target of the cyan triangle. What now? Rebound or blood bath...

[fehro]

SPX support near here.. testing June highs.. orange trend 60m but VIX has room

[Cobra]

testing 09/12 low now.

[fehro]

Morning 6 chart.. updated.. support is close.. does it hold.

[DellGriffith]

Looks like spy may have a huge volume day which often (but not always) marks a low.

[fehro]

SPX daily .. if you want ABC.. took out Sept lows

[Mr. BachNut]

BachNut popping in.

Finally a target gets hit.
We are back at the former resistance now support zone for a second visit.
I would imagine some kind of defense should get mounted here.
If bulls lose this zone, the next target may be on deck.

The NYMO cycle is steady down, but we have entered the turn zone.
However, we are still a ways from the NYMO oversold zone.
So, the decline can keep going, but it is time to start hunting for bottoming turn signals.

I am still short from last week.
I covered and scaled out a risk unit a little while ago.

[fehro]

SPX daily .. if you want ABC.. took out Sept lows

for the uber bulls

[gappy]

SPY weekly update.

Capture.PNG

Vote Cobra, glta.

[fehro]

/ES D/60m slight delay.. Cyan channel holdingish.. not sure. .could be fine tuned.. so possible lower low still.. but holding super messy triangle target tagged

[Al_Dente]

WOW
Bob Dylan today won the Nobel Prize for Literature

[Al_Dente]

https://www.youtube.com/watch?v=OeP4FFr88SQ

[fehro]

/CL W/d/60m.. fwiw.. my super messy chart.. that weekly candle on oil is ugly.. at this level very bearish.... one day to go.. gravestone. 60m.. H&S? RS in or not yet?