Cobra's Market View

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double bottom or not wait and see.

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

Mind 200d to the upside 2064.85, 50d 2038.79, 20w 2029ish and open gap 2020ish to the downside. "Thinking" we get a doji a slightly lower low.. and tight range day… but the market doesn't care what I think... Mind the trends.

FOMC Dudley and ECB Draghi speak @ 12:00pm EST

Vote Cobra. glta

viewtopic.php?f=2&t=1874&p=208154&hilit=gold#p208154 as per yesterday… /GC pops up to 1075ish.. chart delayed.. weekly candle worth watching… * added closer chart.

Wednesday and Thursday: Looks like the stage is set for a rate hike, Everyone Sell!

Friday: Jobs and unemployment look good, more justification for a rate hike, Everyone Buy!

ES: It still looks like med-high probability inside day shake 2040-2067 this morning.

Bears really need to break below 2040 and decisively below 2036 to become a trend day continuation and then it will be very easy to chase shorts for them.

Short 206.13

Scalp account short here at avg of 2053.50. stop at 2057.5

Cancelled the stop and changed to 2063 stop instead based on the hourly candle, small size higher risk than usual

If above 2063, then this is likely the second leg of the deadcat bounce that could go to 2067-2072 as discussed last night and we're in an inside day formation then.

Broke above 2063, think we go to 2067-2072 first then. Stopped out

This also confirms inside day prediction barring any miracle hourly bear engulf the next bar....

very bullish start. cannot believe bears are over already.

SPX tags 200d nears resistance

ES: 12mins from hourly closing but the current bar eclipses/engulfs previous 17 hours. No major resistance until 2072-2075, already at 2068

sim
last night
11:15 PM 12/3/2015
viewtopic.php?f=2&t=1874&p=208193#p208193

this morning.
interesting sound on the lake
http://screencast.com/t/Ll1YvX5g7u

For bear SPY 207.5 is key. bull next target is 208.5. above 207.5 then bear is in danger.

closed sim long trade

SPY almost tags 20d 207.82… dabble short here mind the morning gap SPX almost tagged 20d 2074.88