01/21/2016 Live Update

[Cobra]

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double top or not, wait and see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2016/01 ... ay-update/

[josephli]

rather wild swing overnight, especially jpy

[fehro]

SPX mind yesterday's gap 1876-1881. Heavy resistance at the 1900-1910 range. SPX 5m lower chart possible invs H&S cyan, or a red triangle.

[fehro]

SPX

[fehro]

DXY daily.. painfully struggling in a wedge/bear flag of sorts. watching paint to dry.. before it falls of a cliff..

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2016/01 ... ay-update/

[brokebybernacke2]

Mario backpeddled, all aboard, ramp up to fed maybe backpeddle next week (jan 27)?

[uempel]

Overview:

[fehro]

SPX into resistance.. dabble short small position to hedge longs, sell a few more longs

[DellGriffith]

So far the correction low is still not aligned with the volume high. I also have no buy signal here. I have to expect this rally is not a deadcat bounce but just a fakeout for a few hours at most before lower lows get installed.

[josephli]

SPX into resistance.. dabble short small position to hedge longs, sell a few more longs

VIX, SPY, TLT all green.

[fehro]

SPX into resistance.. dabble short small position to hedge longs, sell a few more longs

VIX, SPY, TLT all green.

AAPL Red

[josephli]

SPX into resistance.. dabble short small position to hedge longs, sell a few more longs

VIX, SPY, TLT all green.

AAPL Red

20 pts range without clear direction

[rhight]

From my view, IF a breakout of the 3 week downtrend is about to happen, Negative Price Reversals on the 60min and Daily RSI pointing to 1799 imply that a backtest would follow, but a higher low on the 60min swing (meaning a non-confirmation of the NPR) could be a good set-up to go long for a few days.

[Cobra]

testing yesterday's high, key time. sharp pullback then it's just a range day.

[fehro]

SPX at the open gap.. hourly candle looking bullish.. but 20m to …VIX weak but not broken.. yet.

[josephli]

pattern seems bullish. 11am oil inventory report. potentially market mover.

[fehro]

SPX going of the gap fill VIX on support.. VXX not falling apart yet.

[brokebybernacke2]

pattern seems bullish. 11am oil inventory report. potentially market mover.

almost have recovered all losses from yesterday , 500+ point swing, think u can call this V lookin....