12/03/2015 Live Update

[Cobra]

members only update at 1:57 pm
http://www.cobrasmarketview.com/2015/12 ... ay-update/

[josephli]

Thanks. That was a grammar mistake. There was an price error in the morning on Worden and an entry was missed. but I like the current market. It is much clearer now vis-a-vis last week.

What do you see going forward Joe?

I currently see a squeeze coming either later in the afternoon, or tomorrow.Most likely tomorrow. Seems like squeeze target SPY 208.0-208.5. there shall be another leg down. Very bearish scenario is a bloody monday drop, which confirms the low high. If we can hold 205.0 then it is possible for a santa rally.

[josephli]

Thanks. That was a grammar mistake. There was an price error in the morning on Worden and an entry was missed. but I like the current market. It is much clearer now vis-a-vis last week.

What do you see going forward Joe?

Most importantly I think the movement on forex market is very extreme. I understand EUR/USD movement, but JPY/USD, GBP/USD probably some panic sell-off/margin call. That needs to be re-aligned.

[Unique]

On mobile, see the ES 15m 20ema bear re-entries short train accelerate into a 15m 8ema bear train?
Look out below if bulls can't hold the swing target at 2042-2045 first try test. Hourly chart is inside extreme oversold signal region now. Good luck!

[Al_Dente]

[MrMiyagi]

[superxy]

How is P-bar?

[MrMiyagi]

How is P-bar?

Only upside.

[fehro]

SPX fills the gap

[MrMiyagi]

We bounce here?

support?

2003.png (19.7 KiB) Viewed 7145 times

[Al_Dente]

(speechless, boss)

[fehro]

50d 2039ish creeps closer 10 points lower , next open gap 2020 range

[Out of Bounds]

A little long at 205.43

[BullBear52x]

Risk off

[fehro]

/ES ish. - Tradingview's SPX500 .. Santa rally going to be a big yellow triangle? … on green channel… key time.. could get violent over the next few weeks.. chop wise.

yup.. green broke.. possible support close… mind yellow triangle..

[uempel]

EMA 144 has a good track record

[BullBear52x]

Cycle, I don't trade them but they are something.

[daytradingES]

Thanks. That was a grammar mistake. There was an price error in the morning on Worden and an entry was missed. but I like the current market. It is much clearer now vis-a-vis last week.

What do you see going forward Joe?

I currently see a squeeze coming either later in the afternoon, or tomorrow.Most likely tomorrow. Seems like squeeze target SPY 208.0-208.5. there shall be another leg down. Very bearish scenario is a bloody monday drop, which confirms the low high. If we can hold 205.0 then it is possible for a santa rally.

Yes I'm thinking a squeeze tomorrow as well - well hoping so I can go short...
(seems T with C also things the usgovt will "pull out the artillery" if it gets to crazy down)

I'm thinking one of these "bloody Monday drops" will be extreme and the govt buy prgs won't be able to
Stop-the-Drop!

Avalanche scenario with fund managers all rushing for the exits - elephants squeezing through a tiny door

[daytradingES]

there is a 2047 target for today - but it was so low I didn't believe it.

[Al_Dente]

60 min
Gap filled
Behind price is AD
oy
almost at next (blue) and last support