Cobra's Market View

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don't believe it's 100% mm or Fib 61.8% mm here, maybe a little pullback?

members only update starts here: http://www.cobrasmarketview.com/2015/12 ... ay-update/

MInd the morning gap.. possible resistance near here.. mind the open gap near the 2090 range.
20d 2070 to the downside, and major level 50d/50w/200d 2061-2062.

TLT 20d/50d 121.39 121.72 .... hmm opening above… TLT green, SPX green.. something is a tad suspicious… Next resistance 20w/200d 122.36/122.64

/ES ~ ish Tradingview SPX500 CFD .. still peddling that yellow triangle..

From 9:03AM

Short ES 2070, risk 3 for 9.

3:1 R/R ratio

If it fails, then bears got a last chance at the 78.6% fib 2078-2079

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FYI: next support level is the 2054 breakout level if 2060 goes.

VIX falls off the scale.. time to pick up cheap insurance..

Unique wrote:From 9:03AM

Short ES 2070, risk 3 for 9.

3:1 R/R ratio

If it fails, then bears got a last chance at the 78.6% fib 2078-2079

---
FYI: next support level is the 2054 breakout level if 2060 goes.

Covered half @ 2060.75, trailing half for 2048

ES: Hourly chart update. 13minutes from the reveal.

Excellent play..........

Unique wrote:

Unique wrote:From 9:03AM

Short ES 2070, risk 3 for 9.

3:1 R/R ratio

If it fails, then bears got a last chance at the 78.6% fib 2078-2079

---
FYI: next support level is the 2054 breakout level if 2060 goes.

Covered half @ 2060.75, trailing half for 2048

SPY 5m.. mind the H&S target 206.00

Unique wrote:ES: Hourly chart update. 13minutes from the reveal.

It is what it is.

ES: Pretty clear bear train setup now. Hourly hold half and go.

P-Bar 203.00 3:00 pm 12/16/2015

SPY 50w/50d/200d - 206.32-206.47 key level! breaks that.. might want to put your seat belts on. VIX 1m setting up a possible invs H&S.. pulls back here and stalls then goes over HOD target $20!

ES: See the daily candle? Now look at Sept 17's daily candle, that's the goal for bears today. It is what it is.

Unique wrote:ES: See the daily candle? Now look at Sept 17's daily candle, that's the goal for bears today. It is what it is.

also near the 200d/50d/50w confluence.. of sorts.. near here according to my Tradingview SPX500 - /es ish

ES: 2048 is my shorts trailing target, below that we have 2040 and 2031

an interesting article here for the solar: http://www.bloomberg.com/news/articles/ ... y-big-deal

kudos for the sharp eyes who mentioned the credit yesterday.

boat shifting to the bearish side.. for the contrarian view.. not necessarily good news for the bears. .. not extreme yet..

http://www.aaii.com/sentimentsurvey