Cobra's Market View

INDEX dailies

New LOD = screaming sell. resistance right at 61.8%

members only update at 10:08 am
http://www.cobrasmarketview.com/2014/12 ... ay-update/

well, it's just a dream.

Cobra wrote:well, it's just a dream.

I'll help you.

Well now we know how Kevin Henry (NY Fed Trading Desk) gave us a strong opening. Dollar Yen went from 118 to 119. They don't have a lot left on that one, so I wonder if he goes after the VIX this afternoon, or maybe the Aussie Dollar?

Trades with cats wrote:Well now we know how Kevin Henry (NY Fed Trading Desk) gave us a strong opening. Dollar Yen went from 118 to 119. They don't have a lot left on that one, so I wonder if he goes after the VIX this afternoon, or maybe the Aussie Dollar?

Selling UUP <23.4

QQQ now red, along with most of the market.

ISE ISEE giving 100% confirmation of DOWN market,
with
132% ALL opening long overvalued calls/puts,
219% EQUITY opening long overvalued calls/puts,
93% INDEX opening long undervalued calls/puts:

https://www.ise.com/market-data/isee-index/

SPX has good support ~ @ -10 points...ES says...

SPY next support is sitting at 50 DMA or 61.8% of this chart.

IBM is really weighing down the DOW and is down more than 2%

Going back to 4/1/2002, ISE ISEE data were more bearish in 2002 and 2003

https://www.ise.com/market-data/isee-index/

IWM is about to beak down from major support level.

London air space closed.

BullBear52x wrote:London air space closed.

For??

BullBear52x wrote:London air space closed.

Computer problem is what I'm hearing.

Out of Bounds wrote:

BullBear52x wrote:London air space closed.

Computer problem is what I'm hearing.

yes, same info.

trying to hold.. SPX slightly lower lows… VIX/NDX minor divergence.. not newer highs/lows ..SPX two open gaps close

that must be a wet dream, King Cobra

I have a bad feeling about a double bottom here.