Cobra's Market View

Consolidation, bias is down.

No rebound in the next couple of bars then it's a downtrend day.

It's a morning hourly filled black bar

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4.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...

Break the blue line, bad for bulls but it's the very first test of EMA20 in awhile so could attract some buyers so cannot say the chart is bearish yet.

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...

Didn't expect this pullback, now testing day low, let's see whether bulls can make a double bottom.

Looks like we have a price channel, so not strong up but it's up, bias is up.

EMA20 now is the bear's last chance today for the 2nd leg down.

I see initial sign of downtrend day.

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...

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...

Multiple supports here: blue line + EMA20, let's see any rebound first. For now it's still can be seen as a consolidation above the breakout point (blue line) therefore bias still is up, but better at least not clearly closed below the blue line tomorrow to invalidate the pattern.

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/chartbook/533449387 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/chartb...