Cobra's Market View Private Messaging System shows:
THE SHORT-TERM MODEL NOT SURE IF THE TREND IS UP HOLD SHORT POSITION (TRAPPED) OVERNIGHT
The bottom line, so far this still looks like a rebound.
Remember the seasonality chart I showed you last night? Well, whether the setup still works, we’ll know tomorrow.
The short setup given by Cobra Impulse System didn’t confirm today but the system insisting selling this bounce, should SPY break below today’s low and close in red tomorrow.