Cobra's Market View

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The chart pattern looks like missing a revisit of the Friday's low but you know for bulls, miracle always happens so let's wait and see.

Gap up above the Friday's high so likely it's a trend day either up or down.

ES daily. The bulls are fighting back.

ES 60 minutes. Lots of pressure down. The bulls might be outnumbered, until they call in reinforcements. But, as we know, they are resilient, with deep pockets.

SPY 15. Up off the previous close. A bounce after Friday's depth charge.

ES five minutes. Testing down near the Pivot.

AFK. Back later ...

It's a morning hourly filled black bar.

$NYADV:$NYDEC started about 3.2x at open
it is now 1.4x

TWTR just reopened

Breakdown here with good looking bear bar in the next couple of bars it could be a downtrend day or at least to fill the gap. My guess is a rebound here, it's just a range day.

What breakdown?, inside day, Harami rules applied.

Intraday Heat Map

zh highlights the VIX calls here
https://cms.zerohedge.com/s3/files/inli ... k=1qKE21L1

“There is some building anxiety under the hood as VIX calls expiring on Dec. 22 are among the most active options contracts in early Monday trading.

sold everything. 100% cash. Have to believe this is a major correction due to omicron. it doesn't matter what the science is, the current administration has clearly signaled since it took office that it will take maximum precautions against the virus. so i expect shutdowns.

Chart speaks, LL and LH, sell/resistance zone.

Testing day high, seems to me breakout is a little more likely but whether it'll hold will have to wait and see.

Entering sell the rip zone on Swing sell setup under 5 DMA.

POTUS at the podium now
no shutdowns

Al_Dente wrote:POTUS at the podium now
no shutdowns

Biden just said to a reporters question, "no lockdowns...for now". so basically when omicron spreads they will lol.