Cobra's Market View

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No idea up or down from here. Possible trend day, either up or down.

The members only update starts here: http://www.cobrasmarketview.com/2021/01 ... ay-update/

If trend day today I hope I don't miss much, I'll be on mobile until next week. Well lots of support below, bad Non-Farm payroll came out triggered a sell on the $USD, of cause, so stock can hang on. Honey hole special day again today.

ES daily. Moving on up. Breakout.

Honey hole focus, think day trade.

SPY 1 minute. Tricky action at the opening. Step lightly.

Looking good bears, pass though MA support.

I was thinking there might be a gap down, that is not good for TA, because we will have to think about gap fill even if a pull back start today. for now it's all good and clear, whichever direction we go from here. down is what I think it will. got to go, later. Peace!

Trying to get back into the swing of things. Hard to play the long side with these big gap ups!! LOL! Watching this line for a change in ST direction...

Pennant, bias is up.

Oh boy technical trading. Just short of the overnight high, drops and tags the overnight low. If I was better at Elliot Wave I am sure I could justify a fancy count.

Public Service Announcement: Monday we start trading for real as Gamma and Vanna will be greatly reduced.

TQQQ will split 2:1 on 1/21/21

Two legs down, three legs back up to kiss the opening print. Guessing the excitement is over for today.

Bounced at the red MA line, didn't even pause at the resistance line...

The pullback and rebound means it's just a range day. We may had the range low now seeking the range high, assume it's the day high.

Possible higher low, now seeking range high again. The QQQ at bottom looks like a breakout is more likely.

Identical double target (orange boxes) from oct/nov and again in dec
WAS MET today
four hour chart

Will 3800 hold again?