01/22/2016 Live Update

[Cobra]

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3 Push Up or not, wait and see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/01 ... ay-update/

[fehro]

SPX possible resistance near open.. bulls trying to save the weekly by hammer it. SPX5m.. orange bearish wedge stall at open/ red triangle, then retest invs H&S cyan neckline.. or just up.

[gappy]

Impressive bully pump. Only thing I notice offhand is the adx rolling over. We will see. Hourly

Capture.PNG

Vote Cobra. glta

[uempel]

Last chart, guys I'm off for a few days

[fehro]

SPX

[gappy]

Last chart, guys I'm off for a few days

SPX8.png

Have a good one Uncle Uemp. We will go into withdrawl until you get back, but that's ok.

[hunterman]

Thanks Uempel for the charts, have fun whatever your doing! Like Dell, I don't "get" how the elipse is formed, but I DO compare them w my cycle analysis and the last event coincided perfectly w my ICL...and thus why I went all in on the spies Wed. Now my own fault lies w when to exit as I normally swing but tagged this as a short term...
GLTA...

[rajesht]

Last chart, guys I'm off for a few days

SPX8.png

We love your charts.
Thank you
Enjoy

[DellGriffith]

I have to hope and ray uempel is wrong because i still dont have a buy signal anywhere and were starting to gap up daily.

[fehro]

SPX * minor adjustment in the lines

[Wallstreetrader]

...

[fehro]

SPY weekly still hours to go.. bulls pushing for that hammer

[Junior Buffett]

Lot of people must be shorting at this level... will they get surprise?

[josephli]

Very bearish the market !!!
Will be no surprise if today close in red

i would need to ask why say so?

[Junior Buffett]

Numbers are coming good...PMI is good, existing home numbers are coming good...but economic index went down 0.2%....

[uempel]

Thanks Uempel for the charts, have fun whatever your doing! Like Dell, I don't "get" how the elipse is formed, but I DO compare them w my cycle analysis and the last event coincided perfectly w my ICL...and thus why I went all in on the spies Wed. Now my own fault lies w when to exit as I normally swing but tagged this as a short term...
GLTA...

Thanks hunterman, check Cobras Forum yesterday 2:45 p.m - there I try to explain the system to DellGriffith. Note that these systems never give buy/sell signals. They only signal that a move is imminent. Yesterday's move was most likely to be to the upside due to A) momentum (e.g. Bullish Percentages) and B) the WTIC move.

[DellGriffith]

Well the lunar cycle agrees with uempel in that we should have a low around here.

[fehro]

/CL 60m nears resistance.. weekly looking like a hammer tho. W/D/60m

[Cobra]

members only update at 10:05 am
http://www.cobrasmarketview.com/2016/01 ... ay-update/