Cobra's Market View

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This bull shall have legs.

Shorted last night at 2078.25
Was confident there would be an overnight retrace to yesterday's close. There wasn't.

Still looking to close at 2075.25

members only update starts here: http://www.cobrasmarketview.com/2016/05 ... ay-update/

Opening near last 4 weeks highs.. 2085 wipes out last 3 weekly candles, higher highs. 2090-93 next key resistance. 50d/20d to the downside support 2062ish.

Little crazy SPY pre-marketness.

SPX - pre-open.. and Tradingview SPX500 CFD = /ES in shape not price

Dollar/yen 4 day update. Still to form, would be another few days of sidewinding. but...daily bottom diamond break and 111 to clear the cloud. Ichi trend flat though and adx bottoming again.Still a risky pitch to swing at. Boom today, bust manana ponzi. Vote Cobra, glta.

Lets make money today, will be on the road tomorrow.

one gap fills, another opens..

GM

11/5 gap closed !!!

Buy @ 82,

To the north ban wagon.

Overnight gap up.

out @ 84, intraday is very over bought, wait out.

My father is green again outch heart attack almost goves me to the highs

If bulls can hold on this 2x top (over night ES) bears will have a hard time today, but I think we are close to the top short term, Upper BB daily and 2085-90ish on SPX top range target. selling should come in today or tomorrow.

Adding to shorts at 2086.50

SPX . not ideal.. dabble short..

this bull shall have legs. could be a trend day today.

Supply at SPY 209.69