Cobra's Market View

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Rebound from channel lower boundary, targeting channel upper boundary? Not sure, I'm neutral.

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

CNBC is saying it is very rare that the NYSE would shut down due to the storm....
Crude attempts to bounce off the double bottom

Al_Dente wrote:CNBC is saying it is very rare that the NYSE would shut down due to the storm....
Crude attempts to bounce off the double bottom

126crude_png.png

If we get 2'-3' as expected w winds up to 65mph, I would expect that it will be closed. Potentially the worst snow storm to ever hit NYC. I imagine most traders are going to be exiting NYC around noon before it gets hairy here. No one wants to hear that the trains stopped running...

Al_Dente wrote:CNBC is saying it is very rare that the NYSE would shut down due to the storm....
Crude attempts to bounce off the double bottom

126crude_png.png

Here in Maine they are calling for 20"-25" where I live. Not sure what NYC is going to get but if it's anything close I bet that practically shuts the city down......

On the SPY I've still got long signals from the vixie-type crossover on the hourly, the T2104 hourly, and a simple 13/34 crossover (ordered by sensitivity from most to least sensitive). Let's see what today brings. As I'm long now so I want more upside please!

weak memory that the last time they snow shut down (long time ago) the other markets also shut [?]
the worst is supposed to start tonight ?

It was hot enough for Air Conditioning in SoCal yesterday. Maybe they should move the stock exchange there?

SPX

SPX.. minor messy orange H&S from Fri hit.. ..possible channel support/yellow neckline

INDEX days… SPX testing 50d/20d

SPX testing 20d

Anyone got a read on breadth so far?

no gap up off of fridays drop so maybe bears win after all?

aapl up qqq down

Al_Dente wrote:weak memory that the last time they snow shut down (long time ago) the other markets also shut [?]
the worst is supposed to start tonight ?

Snow already falling here in NY, not sure about the city. supposed to get heavy this afternoon with the worst of it tonight.

normally this rebound shall fail, at least the morning low will be revisited.

DellGriffith wrote:It was hot enough for Air Conditioning in SoCal yesterday. Maybe they should move the stock exchange there?

Can't say where Dell is, but in our neck of SoCal did have to run the sprinklers yesterday, sunscreen the kids.
Would post a pic of sunrise, but don't want to be a dick to our brothers and sisters socked-in on the east coast.

OOB is probably lying a beach somewhere.

i got stopped out of longs on this rebound. lets rethink this.

Anyone with interest in QQQ or EEM should read this [later]
http://online.barrons.com/articles/why- ... 1422076787
If you get subscription blocked, just click the top story here “Why Two Big ETFs Are Shrinking”
https://www.google.com/search?hl=en&gl= ... gws_rd=ssl