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 cobra@cobrasmarketview.com.

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

Triangle, bias is, hmm, I don't know.

Flat open so likely it's just a range day.

too many beers, no idea either, it's Friday quick in and quick out.

as long as there is no HH this week high, sell it like there's no tomorrow. haha.

The breakdown could mean it's a downtrend day.

Oh boy! ain't looking good with new LL here.

Bulls are hanging on, (White knuckle) that's gonna hurt Haha.

8 day chart. Back down to the 4435 line. See if it bounces or keeps going????

If there will a down trend this is where it starts.

day with negative AD issues and LL, you can't ask for more intraday bearish than this.

Got a small bounce and now flirting with the line again!!

According to the evil site using a Spot Gamma article the rest of the expiring options are late today (first batch were this morning). Focus is now on the Fed meeting for confirmation of them following what Goldman said they will do. Risk to market is a lot of puts rolling over forcing hedging by the market makers.

I am going to spend the afternoon on the road and the first part of next week as well as we head south for the winter. So I am confident all th fireworks will be while I am enjoying I-5.

Cobra would say if strong bear bar to new low in net few bars it would be down trend day. LOL

Buyers are relentless today, $VIX and $VVIX say we are going lower and internals also suggest so but dip buyers DON'T CARE. Fed is behind you hopium is strong.

Trades w 2 Cats wrote:According to the evil site using a Spot Gamma article the rest of the expiring options are late today (first batch were this morning). Focus is now on the Fed meeting for confirmation of them following what Goldman said they will do. Risk to market is a lot of puts rolling over forcing hedging by the market makers.

I am going to spend the afternoon on the road and the first part of next week as well as we head south for the winter. So I am confident all th fireworks will be while I am enjoying I-5.

Salmon fishing season if you are north. I will be next week. same feeling once I pack and go that's when the fireworks will start. same feeling

Revisit the day low, let's see whether bulls can make a double bottom.

last chart pattern to fight for da bears. lets do it or go fishing.

4435 area is still holding......

double top, double bottom is a box
now testing the bottom of the box

Daily MACD says da bears is to stay this weekend.