01/06/2021 Live Update

[Cobra]

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No idea up or down from here. Possible range day.

[Cobra]

The members only update starts here: http://www.cobrasmarketview.com/2021/01 ... ay-update/

[JFR]

ES daily. Moving sideways along the EMA 20. Down a bit from Tuesday.

[BullBear52x]

High noise season trade what is in front of us. everything else is noise. find excuse to sell.

[BullBear52x]

Thing never change, human....sell

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2021/01 ... ay-update/

[ccash04]

Long end bonds getting hammered, VIX slammed, and everything except tech to the moon, what a day.

[BullBear52x]

This is something, good thing the day is still young to repair. Oy....

[Trades w 2 Cats]

Using overnight range for measured move I had 3750 as a projection. Waiting to see.

[BullBear52x]

3 push up in one scoop. this is brutal.

[Trades w 2 Cats]

Jam_Croissant reminding us-

Support/Resistance
3837***
3792 ***
3761
3744.75
3735
3704
3678.25
3647.5
360330 ***

[Cobra]

Widest bull bar after being up for awhile means exhaustion so maybe finally a little pullback here which likely would be bought.

[BullBear52x]

Look at MACD, this will normally will give back all the gain sooner.

[Trades w 2 Cats]

This 15 minute regular hours chart shows how vulnerable this advance is when you look at the volume profile. Also note the delta (box 3) stinks for the last two bars. Waiting to be proven wrong but right now this is a stick me with a fork I'm done rally.

[ccash04]

Maybe a double top near 375.5 on SPY but today seems like the day the ATH is tested on SPY.

[BullBear52x]

straight up and straight down is new normal.

[BullBear52x]

I got no other choice but to sell at any high push.

[BullBear52x]

selling at every 10 points squeeze, return to MA support will recoup back more than half with this method.

[Trades w 2 Cats]

I am seeing the sit on hands chart pattern develop.

[BullBear52x]

In the past I would say this is unbelievable, this day and age, you better believe it.but wait for it, it ain't gonna last with this act.