Cobra's Market View

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maybe the rebound has legs? we're in range, nothing lasts long though.

members only update starts here: http://www.cobrasmarketview.com/2016/10 ... ay-update/

SPX gapping up .. over the 20d 2147, 20w 2146.. mind the gap and the 20w/20d again
another invs H&S on VIX 15m possible.. with a minor pullback.. but channel may be widening

/ES D 60m… pink wedge changes..

missing fade the gap, come2papa sell the rip, don't know what to make of it right now

game plan, /ES 35 is my pivot line in the sand for today.

SPX.. VIX 15m larger pink invs H&S and cyan channel holds.. red one is toast.. but hold and take out yesterday's HOD.. buckle up again

TLT breaks yearly support, channel W/D

sell under 35

morning hourly black bar $SPY
https://stockcharts.com/public/1684859/ ... /468394897;

most important range on SPX now, bulls almost made it out, oy...

let see what Papa bear can do from here.

SPX 20w/20d 2146ish level.. again sliced like butter.. we can't regain that level look out below!. VIX strong.. over yesterday's HOD look for 17.25
Buckle up again

Cobra wrote:members only update starts here: http://www.cobrasmarketview.com/2016/10 ... ay-update/

Your verbiage lately sounds like you are getting disgusted. I think we all are. Maybe things will change after Nov 8. The Fed may lighten up a bit after that. Smile ,'it won't last forever.

fehro wrote:SPX 20w/20d 2146ish level.. again sliced like butter.. we can't regain that level look out below!. VIX strong.. over yesterday's HOD look for 17.25
Buckle up again

we have been flirting with the 20w SMA now for almost 3 weeks.. and the bulls cannot hold above it.. that adds to the probabilty of more downside.. and 200d SMA 2076ish.. yeah I know crazy talk

last line of support right here on SPX

be nimble now I see positive D. wait for new sell entry.

LOD goes on SPX .. "could" see a serious drop.. next major support is the Oct lows 2115.. look for an undercut, stop blow out.

Daily SPY:

In the past year, we went a whopping 72ish days without hitting the upper bollinger band, the 2nd longest streak ever. Only longer streak was during the 2008 crash. We immediately followed that up by going around 55 days without hitting the lower bollinger band in what was a major bull ramp up.

We've followed up both of those events by spending the last 80 trading days going absolutely nowhere in a massive trading range. Could we have done anything else?????

Its like the cycles have amplified massively in the past year.

hard to say it'd vacuum up all the way to the day high or would be sold. my guess is vacuum up?