Cobra's Market View

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Kind of H&S bottom, the neckline has been tested many times, so maybe a breakout is more likely.

members only update starts here: http://www.cobrasmarketview.com/2015/09 ... ay-update/

Al_D
You mentioned 'Rule 48' yesterday. Here is some info on it.

NYSE on Tuesday sent out a trader update providing an overview of Rule 48.

http://www.businessinsider.com/nyse-riv ... urd-2015-9

SPX morning graph.. fine -tuned my lines.. was getting a little sloppy there.. green triangle.. for possible chop for a couple weeks. As per usual.. mind the trends, and the gaps

Note different Time Frames SPX:

2Hr/Day
4Hr/4Hr

CL Quick update: immediate targets are 45.8, 47.2, 48.20

TSLA Quick Update: Added intraday shorts. Target = 238, stop = 246

too stretched, so should be a pullback first then we'll see.

SPX.... looking to dabble short near here... need a few more minutes.. *mind the morning gap

TSLA quick update: Sold 25% intraday shorts, guaranteed green trade now. +20%

Same target, same stop.

SPX still pausing.. taking a small short.. looking for the morning gap fill..

not sure about this.. but man does it look pretty /CL - USOIL.. 60m H&S with steep pullback target.. take it with a grain of salt.. W/D/60m 20d 42.63 should hold

morning hourly black bar.

ES Quick Update:

Looks like ES bears wants to confirm HOD is in for intraday, great work by bears so far.

Miracle bulls must get a sticksave here or else 1910 target is coming soon.

Yesterday was large bear daily candle, today is straight continuation down or inside bar first to consolidate... laugh

TSLA: past 20minutes trying to sticksave on 5m 8ema support trying but failing hard . It's time to open the flood gates to 238 now.

INDEX days.. + 2011 pullback/correction Redux

Unique wrote:TSLA: past 20minutes trying to sticksave on 5m 8ema support trying but failing hard . It's time to open the flood gates to 238 now.

Yo what's the hold up bears? Let's get this party started, I don't got all day today
Enough with these failure sticksaves on 5m 20ema+ 15m 20ema tries

Unique wrote:ES Quick Update:

Looks like ES bears wants to confirm HOD is in for intraday, great work by bears so far.

Miracle bulls must get a sticksave here or else 1910 target is coming soon.

Yesterday was large bear daily candle, today is straight continuation down or inside bar first to consolidate... laugh

ES quick update: if 1919 goes, you get your 1910 immediate target intraday very quickly. It is what it is department.

SPX 5m. mind the gap.. possible invs H&S.. should the gap hold/fill and bounce .. or pink triangle

yeah.. I know.. crazy.. target.. but near neckline.. "could" see sharp pullback in oil.. careful