Cobra's Market View

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

========================================================================================================================================================================

double bottom or not, wait and see. Looks like the ECB decision is not taken well?

members only update starts here: http://www.cobrasmarketview.com/2015/12 ... ay-update/

SPX mind the morning gap. 20d 2079.03. 200d 2065.09. Possible support.. take out yesterday's LOD … look for 200d. VIX near resistance.. pops up through.. look out below!
DXY - USDollar very active.. watch gold…. and oil as per yesterday.. and earlier in the week

/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.

Short 209.34. Let's see if I can be as wrong as yesterday!

For the first time in history, Draghi disapointed our beloved market.
Eur/USD from 1.05 to 1.09 (+400 pips)

ES 15m 20ema rejection and 1hr 20ema rejection so far. Decent bear train setup. Need new LOD to confirm momentum and for 2060-2058 target

Chart from 9am~

IBB about to crack.. look out below!

20d goes… looking for 200d… if SPY can break the pre-market low… 2065.09 SPX 200d

Yellen @ 10:00am testifies in congress

INDEX days… TLT sharp reversal. VIX strong -ish

Every 5m 8ema being rejected so far. Bear train will confirm itself below 2071.50 for 2060-2058 target. Will have new target when that one hits.

Bear train confirmed. There should be no bounce above 2079 now if this is going for target

Just FYI, if the 2060-2058 target doesn't hold first try then we could be in forming a LARGER bear train to 2042 and below

Remember daily 200SMA = 2058~

SPX … some support near here..

Closed short 207.53

We are down 20 points from the overnight high. At some point won't some of those buy back billions start making an appearance?

I see S1 support on both the TF and the ES.

Trades with cats wrote:We are down 20 points from the overnight high. At some point won't some of those buy back billions start making an appearance?

That is like closed to 30 points. Not sure why 30 yrs treasury got bashed today. So far look like some carry trade was trapped.