Cobra's Market View

Up 4 weeks in a row, the next week has 68% chances to close up, 85% chances to make a higher high.

So more up!

3.png DISCLAIMER: The trading log above is meant for myself only which main purpose is to help improving my market sense. My blah blah about how the market would go in the next dozens of minutes everyday in this forum, is a way to force me to focus on the market, because by speaking loud, if the pr...

marcueus2 wrote: ↑Thu May 16, 2024 4:45 pm

Cobra wrote: ↑Thu May 16, 2024 4:43 pm Finally a little red, however, in the past, the next day typically would gap above today's bar high and up and up. Let's see whether this time still is the same.


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NVDA earnings tommorrow, so gap up will be monday for sure

NVDA er is May 22.

Small bar so still could be a pullback here first which likely would be bought later though. In very bull cases, small bar serves as a continuation pattern therefore we could have a breakout Monday. So pullback or breakout, 50 to 50, no conclusion.

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/chartbook/533449377 Thank you guys, I'll see you in another thread soon. Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/chartbook/533449377

Very boring day, hard to find things to say, maybe some chances the low was in for today.

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2.png DISCLAIMER: The trading log above is meant for myself only which main purpose is to help improving my market sense. My blah blah about how the market would go in the next dozens of minutes everyday in this forum, is a way to force me to focus on the market, because by speaking loud, if the pr...

Finally a little red, however, in the past, the next day typically would gap above today's bar high and up and up. Let's see whether this time still is the same.

Well, guess that's it for today, here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/chartbook/533449397 Thank you guys, I'll see you in another thread soon. Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/chartboo...

Maybe 51% chances of lower high (red arrow) therefore the high was in for today.

No sharp pullback in the next couple of bars then it's a confirmed uptrend day.