Cobra's Market View

Down 1 week, the next week has 60% chances to close up.

2026 Yeah!!!
Did Santa ever shown up to ring a new year's bell? That's the question? from price point, we are still in November. buy or sell holders didn't get pay for a month now. sideways market to continue.......
Daily Trend following: new HH from last buy, enough to earn another buy dip coupon on this time frame.If you missed the last train you will have to wait a little longer, we are not there yet. Daily price action: we are still hanging up in resistace zone, there's flock of black/red swans up here becareful on the buy side. Swing setup: rips will be sold, going on the third selling on this down scoop so far, make or break remain to be seen on the last sell. Intraday: new swing low continues, it is bearish bias. keep it simple, let the Fibbo be the guide on Monday. same playbook in 2026 as in 2025. stick to what works until it doesn't. be patience and let the process plays out. again Happy new year and success trade in 2026. Peace!

SPY daily.

Stopped at resistance 4 days ago.

Pullback to the EMA 20.

Trend is still up.