Cobra's Market View

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In range, may test yesterday's high. Bears simply cannot make 2 consecutive down days.

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

SPX still below possible resistance, and in-between open gaps. VIX 60m interesting the spikes yesterday with in the bullish falling wedge 60m.

SPX … possible invs H&S on the 60m.. two LS, 1st RS with yesterday's pullback? Mind the morning gap, and the one below and above us.

GM

Crazy days up down up hum will see but new direction is in let's wait and see at neutral to short position, would like to see the 1880

/CL - USOIL pushing for the 50d, 35.91 W/D/60m

In box consolidation. crude strong, USDJPY approaching key resistance again.

box target 190.5, rally could potentially extend to 192

TLT red, crude strong, internal bull bias.

Gap up.

Nothing substantive to point to but this sure FEELS like a bull trap.

I'm going short

HARRY DENT: The Dow is set to fall 70% by 2017

http://www.businessinsider.com/greatest ... ear-2016-1

SPY p-bars at $190.20 from yesterday tagged

Do you agreed 92 the key number imo ?

I see sideways guys IHS a little big now ...

SPX .. resistance of sorts.. here.. AAPL flat.. and IBB falling.. so not so sure about the strength of this rally .. test. VXX flat

Wallstreetrader wrote:Do you agreed 92 the key number imo ?

LMFAO!!

I do believe that the upside p-bars for SPY residing at $191.98 from Jan. 15 could be in play today or tomorrow

Cobra wrote: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].

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

In range, may test yesterday's high. Bears simply cannot make 2 consecutive down days.

Course bulls cant get 2 up days neither

Is the daily forming a bear flag ???