Cobra's Market View

Bonus chart: Let's see what the relative strenght is telling in the big picture (RSI(14))? LH, reversal can be from here or HH will still project a negative divergence (see end of '22). Top contender is still at hands for bigger picture.

Swing setup: new buy trigged, new buy new box, make or break. now bull can say this is a bullish consolidation. let see if the new HH will be posible from here. 1.PNG Intraday: new swing high, it is bullish bias. it's negative price action atm. but you know the routine, 38.2% and lower before bears ...

Another failed auction? nothing burger until bears can take this down under 38.2%, the morning high is good enought to stop out the sell on the swing. will see how today's unfold. lots of support still.

Put/Call ratio back up >1 again, so, it's not as bullish and FOMO anymore from compacent level.

From " It is what it is department" this week the question will be " Will the sell signals fails?" Buy/Sell until it fails.no bias, either follow the signal or stay out. Daily setup: sell, a closed above recent high will stop out this setup. 1.PNG Swing setup: sell, new box, make...

Swing setuup: new sell new box, make or break, stick to the system that you have or go with your gut. animal spririt. Intraday: inside day, any thing goes. Internals: bullish bias, so far the price action doesn't act like it's bullish, the day is still young. Peace!

Swing sell triggered, fed or no fed, it's simply TA. new sell new box, make or break.

ES daily. Bearish engulfing candlestick. In technical analysis, the bearish engulfing pattern is a chart pattern that can signal a reversal in an upward price trend. Comprising two consecutive candles, the pattern features a smaller bullish candle followed by a larger bearish candle that engulfs th...

Bonus chart: Daily trend following setup triggered sell today if we closed here. first thing first for this time frame. sell first ask question later. 1.PNG On the $VIX, for this top to hold, the $VIX need to move higher than today's $VIX, no fear no bear, it's at the border line, soooo, we need to ...

Swing setup: New buy triggered, new buy new box, make or break. Intraday: well, bearish engulfing, very common beraish reversal. Internals: bearish bias, let see if the swing box can hold, if not there is a change in trend coming. Peace!

Think auction! 3rd days of bad bid on new swing high.

2x top and gap filled area. best counter trend sell setup. bears can't win from here, there will never be a win for bears forever

Swing setup: Yawning...no change, dip will be bought. Intraday: new swing hilgh, it is bullish bias, until a trade below 38.2% for bears to have any say. Internals: bullish bias, a bearish bias of yesterday has no follow through. Peace!

earlier of the year, we expected 7 rate cuts, now down to 1, oh wait, back up to 3 rate cuts this year. so far, no rate cut and market participations with rate cut are at the all time high, while SPX is close to ATH. Instead of 3 rate cuts of 0.25-0.5% , we should just go all in @1.5% today. plumber...

20 -year bond auction in an hour, I am sure it will be good for the market, whatever it maybe, plus payroll revision -818K (biggest miscount LOL) rate cut should be today.

Failed auction? blow off top? 38.2% is key reversal.

Bonus chart: No Fear No Bear, Fear Not! until there's fear will we say the top is in, nothing to worry just yet. VIX is up today but not as fearful.

Swing setup: samo samo, no change, dip will be bought. 1.PNG Intraday:another swing high, it is bullish, baers need to see a trade under 38.2% to have a say. 2.PNG Internals: bearish bias, the day is still young, the closed today will tell if the dead cat bounce ends here, Patience, React, and D 3.P...

Bonus chart: SPY, negative divergence all day today (MACD), since the signal lines are now above zero and well above 5 DMA on price. the next dip will be quick and fast to rebound, if not, it will fail in a grand style. calm before the storm kind of fail. the move should come in before the closed, n...

Swing setup: no change, dip will be bought. Intraday: another new swing high, it is bullish bias. bulls keep marching on Internals: bullish bias, Price action is key, so far, nothing to see for the bears.