12/16/2025 Live Update

[Cobra]

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Maybe a revisit of the previous low is needed for a solid bottom. The job data at 8:30 am may change things dramatically although the data can be adjusted up to 90%...

[Cobra]

Members only update at 10:15 am
https://www.cobrasmarketview.com/2025/1 ... ay-update/

[BullBear52x]

It's a little noisy, but bears are still methodically success on MA resistance selling. let see how long will this last.

[Cobra]

Possible double bottom. Decisively breaks the EMA20 above to confirm.

[BullBear52x]

That's all?

[Cobra]

Members only update at 12:06 pm
https://www.cobrasmarketview.com/2025/1 ... ay-update/

[BullBear52x]

Throw in VWAP now it's clear, buyers have a problem there.

[Cobra]

Didn't expect this. Maybe bears are in control today.

[Trades w 2 Cats]

If the Dec 12 overnight high was a wave 1 up off the Nov 21 low then 6791.75 would be the 50% retrace minimum for a standard wave 2. Sorry can't post any charts my computer is messed up.

[BullBear52x]

Bottom is in per my crystal ball. Peace!

[Cobra]

The 4th test of the range high (blue line), maybe this time will break it.

[Cobra]

Members only update at 3:36 pm
https://www.cobrasmarketview.com/2025/1 ... ay-update/

[Cobra]

Members only update at 3:50 pm
https://www.cobrasmarketview.com/2025/1 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449381