Cobra's Market View

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no idea up or down from here, maybe the rebound has legs.

SPX 2112/18 range key upside resistance.. descending wedge breakdown level/retest. Stop there and reverse.. if we don't reverse at the open.. 200d 2083ish to the downside. Over 2112/18 20d 2130ish.

DXY Daily mind the red 20dSMA 98.03

members only update starts here: http://www.cobrasmarketview.com/2016/11 ... ay-update/

My longs from Wednesday (2094) sold early this morning at 2109.
I am out and not looking to trade today. Too crazy.
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Relevant lines

Fade the gap, 2111 /es is the pivot for now.

Also: Snog is broken until gap is gone from its data - around 3PM Eastern

Today the market message is " Don't fight your new government"

fehro wrote:SPX 2112/18 range key upside resistance.. descending wedge breakdown level/retest. Stop there and reverse.. if we don't reverse at the open.. 200d 2083ish to the downside. Over 2112/18 20d 2130ish.

SPX in to resistance range.. as VIX on possible channel support.

BullBear52x wrote:Today the market message is " Don't fight your new government"

or the overall "too confident" market .. aka BREXIT revisited.. .. protect yourself into tomorrow.

Dip will be bought. this is the best one day gain since 1908

oh.... that was the Chicago Cup

SPX support 2080 is seen on all kinds of charts:

uempel wrote:SPX support area 2080 is seen on all kinds of charts:

aw.png

No kidding. It shows up everywhere.

NY advancing stocks = 12 x declining stocks
NY advancing volume = 12 x declining volume

SPX dabble short small position..

Bears will have no chance >2111, screaming sell under 2109.5

I need an ouzo to jog my memory on when I have seen this sort of Monday morning action before.

SPX mind the huge gap.. and curiously now on VIX too.. daily candle.. tight.. on both.

INDEXes days.. TRANSports DJ-20 spikes new 2016 highs. Dailies all tight.. can barely see them.. wholly gap-a-rama