01/16/2026 Live Update

[Cobra]

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Lower high (red arrow) or not, wait and see.

[Cobra]

Members only update at 10:00 am
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[BullBear52x]

Inside day, anything goes. under 38.2% i am leaning bearish.

[Trades w 2 Cats]

Here we are, once again. Clearly there is some sort of option wall at 6975.

[Trades w 2 Cats]

Monday we trade without the Gamma because today is monthly expiration. So bigger volatility.

[Cobra]

This bear shall have legs.

[Cobra]

Looking good but it's just the very first step toward a bottom, generally a revisit is required.

[Cobra]

Members only update at 12:03 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[BullBear52x]

Black swan candle zone. LOL. the support were strong at the pivot line. It's Friday, 3 days weekend. Peace!

[Cobra]

Not looking good. Another strong bear bar then the high might be in. Key time.

[JFR]

SPY daily.

No man's land.

Near enough to the top to be drawn there.

But heavy resistance ovoverhead.

Trend is still up.

It is forming a bullish hammer, opening high, testing low, finishing back towards the high.

[Cobra]

Members only update at 3:35 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Members only update at 3:51 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/ ... /533449377

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/ ... /533449377

[Trades w 2 Cats]

Clearly ending in a small triangle, so either up or down is yet to be determined. On Monday I think the big boys will not be so active as they will nave a month before we do expiration again.

[JFR]

SPY daily.

No man's land.

Near enough to the top to be drawn there.

But heavy resistance overhead.

Trend is still up.

It is forming a bullish hammer, opening high, testing low, finishing back towards the high.


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