Cobra's Market View

From "It is what it is department" I see nothing bearish in a short term, but for bulls to regain the dip buying coupon on a daily setup, I need to see a closed above Friday's closed with a clean positive price action. 1.PNG Swing setup: dip will be bought. 2.PNG Intraday: Friday's action ...

Swing setup: no change, dip will be bought. Intraday: new swing high, it is bullish bias, no negative price action to call out to. clear skies Internals: mixed signal today, with overall bullish bias. Trade well, Peace!

Bonus charts: No Fear, No Bear!.....Fear not, bears are back in hybernation early this year. :D 1.PNG Look at seasonality history, sell in May and go away were not working since 2020. and now lets look at the September, so far the last 3 September were not as strong. will see what this year will bri...

Swing setup: no change, dip will be bought. same playbook different day. Intraday: new swing high, it is bullish bias. Internals: mixed signals. so far bulls managed to closed with bullish bias by the closed. Peace!

Bonus chart: chart pattern with EIP system assists, strong reversal, first LH got taken back today. It is what it is......

Stick to what works
Swing setup: new HH again. another success for this setup, dip will be bought. Intraday: inside day, anything goes. Internals: bearish bias, things that make you go Hmmm....Peace!

If this buy failed, it will fail in a grand style. Stops are in....Emotions are out!

Intraday: another inside day, so....anything goes, be nimble on both sides until a break out off this Harami crab.

the last two buys were a success with HH, for that bulls are still having one more buy coupon, as ugly as it may look intraday, swing setup is still have one more hope for bulls.

Bonus chart: lets look at SPY,. 1-2-3 major trend change, far from it, but don't be surprise if it comes.

Swing setup: another buy triggered, lazy bulls, new buy new box, make or break. 1.PNG Intraday: another day inside day. Harami baby would never been born, any thing goes in here, still hanging in no man's land. 2.PNG Internals: bearish bias, no bullish follow through from yesterday. caution! Peace! ...

A little volatile today, buy and sell sinals triggered on the same day. well, a buy here under 5 DMA need to watch stop level closely, a bulls trap can be fast and furious. it's a buy for now, first thing first, make or break remaing to be seen. trade well, obey a stop at all time.

Bonus charts: Fearful market even though the $VIX is dropping quite a bit today. the $CPC is still trading above 1 atm. surprise is still point to the down side.

Swing setup: last sell setup failed, bulls time to shine, dip will be bought. Intraday: inside day, anything goes today. Internals: it is bullish bias today, the bottom could be in but will see how the Harami candle play out tomorrow. inside day is a consolidation day in nature.Peace!

Fisrt thing first, 3rd sell on this run down, make or break.

From "It is what it is department" No fear No bear, it's a fearful market, very bearish. 1.PNG Daily trend following setup is on the sell, Bears need to see LL from here to have a 1-2-3 major trend change, for now, keep that stop. 2.PNG Swing setup: second sell were a success, well below 5...

Reversal tracker: today there is a support on the down side, see $BPSPX. untill new HH the outlook will be to the down side from here. Trade well, I have a nature call once again. see you in two weeks. Peace out!......

Sell triggered. new sell new box. make or break.

Intraday: failed ask? back in no man's land. same play book. will see how the resistance at 61.8% and swing sell setup goes.

Swing setup: sell this rip. first thing first.