Cobra's Market View

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the pullback probably will be bought. the only question is when.

members only update starts here: http://www.cobrasmarketview.com/2019/06 ... ay-update/

That was interesting.

Small step back overnight. Then they shoot up. Just a bit wild. Now catching their breath ...

DOW stocks JNJ, KO, PG and NKE doing well so far.

Other DOW stocks not doing so well.

It is a wild ride today. It seems everything is tricky to trade. Forex. Index futures. Stocks. Possible but tricky. A lot of three pushes up or down and then hard reverse. On various time frames.

Taking a break ...

Going to see if this is the range today...

We'll see if this line is important.....

TICKs have been below their MA line since yesterday.....

I moved the line slightly lower. This one seems to matter in the ST.....

I politely disagree on the trend lines. Looks to me like we are going to replay Fridays range.

Bouncing along the bottom of this range....

Is it a head fake???

Added a line for yesterday's low. Below that and who knows....

FT 71 was today looking for the micro gap around ES 2853 or so to eventually get filled.Would get us below the blue line. Caliente and Fumar my two furry trading partners do not like the use of a certain term describing a bounce up in a declining market. But it has been used more than once on twitter feed to describe last week. Time will tell.

Dead dog bounces?? LOL!

A little stronger back test, but we'll see....

so far looks like a boring day.