Cobra's Market View

one more spike to fill the gap?... or higher to tag the channel and

...could be setting up for a fast move down... IF it plays out ...SPX 1minute.. 1235ish seems key

bear flag trendline being tested shortly... careful of a break

possible red channel.. possible bear flag... (green)

BullBear52x wrote:

fehro wrote:need neckline to break to the downside on SPX 60m

fehro, nice charts.

thanks... here's a more speculative complex version should we chop sideways after tagging 1190 for option week & Thanksgiving.. or we could go higher... and make an another head and complex out till January.. or not.

need neckline to break to the downside on SPX 60m

neckline retest... one more pop to complete a wedge, and finish the right shoulder?

neckline holding so far....

FOMC 12:30 released ... Press Conference 2:30 with Ben

gap up Invs H&S in play... gap down... Bear Flag in play... the only thing for sure... there will be a gap!

more speculation... maybe up tomorrow, fill the gap, retest October channel, lessen descending channel angle..and make right shoulder, with an overall target in the coming week 1140ish.

careful bear flag...

flagging... or one more pop to make the "channel"

pure speculation at this point.... but something to watch...

lower? or much lower....

Bounce? or.....

SPX 200 daily SMA... just tagged.

needed a retest first?

H&S v3.0?.. target keeps pointing lower

H&S v2.0