01/12/2026 Live Update

[Cobra]

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Generally the rebound (the last 5 bars) should be sold.

[BullBear52x]

Easy start of the day. swing setup: new buy, new box. make or break. first thing first.

[Cobra]

Members only update at 10:05 am
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[BullBear52x]

Intraday: inside day, anything goes, gap filled, this could be top good bye kiss, if so we should pull back to where we start. anyhow, choppy Monday is to be expected.

[Cobra]

Cup with handle, bias is up.

[Trades w 2 Cats]

Stalled at 7,000 again.

I was not happy with my charts so I added Perry Kaufman's Efficiency ratio down at the bottom. This is the Lizard Trading version and Fat Tails added the ability to have it color price bars. I decided to gray out bars when it was showing chop. So a strong hint to "Sit on Hands".

I also dropped the linear regression lines and went to the FAMA Adjustable Moving Average. It does a better job of staying above or below price and I did not use the normal paring of the MAMA average because the standard 21n EMA is very similar so I have stayed with it.

[Trades w 2 Cats]

Six points short. Need a third push.

[Trades w 2 Cats]

The five times slower version with volume helps to explain the straight up and down moves.

[Cobra]

The pullback probably will be bought

[Trades w 2 Cats]

45 minutes of nothing. The tick bars have gone from 30 seconds to 2 minutes while the ATR has trended water. Very much a watching paint dry move so far. Tomorrow we get CPI then Wednesday PPI that could break things loose.

[Cobra]

Members only update at 12:11 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[BullBear52x]

Melt up, don't short a dull market they said. LOL

[Cobra]

Testing the all time high, let's see whether bears can make a double top. I think maybe bias is up.

[BullBear52x]

Vix were up all morning, but not much. no fear no bear. hanging on the border line. a lot of overlapping, so, the push up is not impressive but fear and rotation around.

[Trades w 2 Cats]

May not be large enough for Cobra standards but I did get the third move up, finally.

[Cobra]

Generally the pullback should be bought. However it's near the close and the recent trend has been selling into the close.

[Trades w 2 Cats]

I am counting four similar moves. No idea what it means but hey, slow day, what can I say.

[Cobra]

Members only update at 3:30 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Members only update at 3:50 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374