03/12/2026 Live Update

[Cobra]

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Complex head and shoulders top breakdown then kiss the neckline goodbye? Dashed line is the text book target.

[JFR]

SPY 5 minutes.

Down a bit in the pre-market,

And back up to the EMA 20.

[BullBear52x]

Gap play, go or no go?

[Cobra]

Members only update at 10:03 am
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[BullBear52x]

There is unfinished business down there.

[BullBear52x]

Intraday: new swing low, it is bearish bias, there is a lot of overlapping, this low will not hold, expecting a dead cat bounce today.

[Cobra]

Members only update at 12:16 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Possible higher low (green arrow) so the low might be in for today.

[BullBear52x]

got a dead cat bounce, this low will not hold. let see.

[BullBear52x]

short term investments are risk off. sell first ask question later in equities.

[JFR]

CNQ. Oil and Gas.

Calgary, Alberta.

Beautiful chart. Info only.

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. --StockCharts

[BullBear52x]

/ES round number 6700. a lower trade will be a very slippery road. let see if buyers can buy time here today or downside we go.

[BullBear52x]

Big picture: Fearful market? will the fear take $VIX above 40 this time? if so, the correction to 61.8% or more is to be something to look out to. this is the bid "IF" trade what's in front of you.

[Cobra]

Members only update at 3:38 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Members only update at 3:52 pm
https://www.cobrasmarketview.com/2026/0 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397