Cobra's Market View

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Don't know whether the rebound means the low was in or it's a head and shoulders top (red arrows) in the making. Head and shoulders top mostly fails so I don't think it's a head and shoulders top here.

Swing setup: new sell, new box. make or break.

It's a morning hourly filled black bar

Tested both sides of Friday's value zone. Lots of stale economic data coming out this week so maybe we flat line for a while.

The trouble zone (Pivot) can not hold, down we go....

EMA20 now is the bear's last chance for 2nd leg down. The current big red bar may not mean bulls failed unless there's a good bear follow through the next bar.

Monday, it is suppose to be confusing. I think bottom is in.

Cobra wrote: ↑Mon Dec 15, 2025 1:11 pm Members only update at 12:11 pm
https://www.cobrasmarketview.com/2025/1 ... ay-update/

I am with you on this. Cobra, thanks.
intraday were very noise right now.

Maybe the low was in for today.

Visual aid from Elder Impulse system. RED bar always get everyone cautious, this is when power that be do their cooking. LOL.....Boring Monday. Peace!

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374