Cobra's Market View

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For now, it looks like a bear flag, measured move target at 2035.25, which I'm not sure.

members only update starts here: http://www.cobrasmarketview.com/2015/01 ... ay-update/

Looking to long NUGT when GDX ~17.90

SVXY doing well...
viewtopic.php?f=2&t=1533#p180127
Let's put aside our prejudices...Work to make money...

Pretty tame open for a first trading day of the year but heading in the right direction...up. If it's typical it should close at least +1% or more on the day.

SPX … possible bullish falling wedge of sorts… red line resistance, as VIX tries to find support

INDEXes quite the pop in UUP ..GLD down

Short SPY 206.60

SPX speculative.. a tad early… but yellow triangle.. we didn't quite tag the red resistance / VIX green support..

FlowerGirl wrote: Looking to long NUGT when GDX ~17.90

SVXY doing well...
viewtopic.php?f=2&t=1533#p180127
Let's put aside our prejudices...Work to make money...

Out of SVXY..
5% gain...looks likea good start for the year...

AAPL almost tagged the 50d and reversed

members only update at 10:07 am
http://www.cobrasmarketview.com/2015/01 ... ay-update/

Fear still dominates the tape but this is certainly not going to be a big up day for the bulls, which isn't a great early omen for 2015 like I was hoping. It doesn't mean it's doomed but it would have been better to get a bigger up day.

for the very bearish inclined.. possible messy H&S (pick your orange neckline).. with a possible shallow small RS being made now… SPX 60m

Very rare +145% INDEX opening long undervalued calls/puts = BUY DIPS

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

Lifelock (LOCK) downgrade from Zacks - getting hammered.

JNUG got rejected near the 20 MA. Still not a buy.

Ironically, although there are very few data points, when the S&P closes down 1% on the last day of the prior year bulls would be better off seeing red today, at least looking out one month.

Russell new LOD below 1200

SPY and Russel breadth negative