The 2006 Chevy Cobalt doesn't have a dipstick to check the transmission fluid level like older cars. The transmission fluid level is checked by a mechanic using specialized equipment. There's no DIY method for accurately checking the fluid level.
If you suspect a problem with your transmission (slipping, harsh shifting, unusual noises, etc.), take it to a qualified mechanic for diagnosis and service. Attempting to check the fluid level yourself could lead to damage or inaccurate readings.