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Flat open, so any gap will be filled.
I see nothing wrong on Global ES. It made a tiny little lower high overnight, so if bears are able to push down below the thick blue line, then we might see a little pullback but overall, I believe the pullback would be bought.
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Cobra wrote:still see nothing wrong on DAX. The bias is up.
Descending Broadening Wedge ?
I read it as bull flag.
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chetas wrote:How long this opening near overnight lows and rallying till end of day will go on,
i am waiting for the cobras so called bearish reversal day,
me, waiting for bearish reversal day too.
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Al_Dente wrote:Down volume ratio is climbing
# of decliners climbing
Spy should fail here unless that picks up QUICK
SCALPER ONLY
I hope to %&$# it fails
I edited that to: "Spy should fail here unless that changes QUICK
INTRADAY SCALPERS ONLY"
but boss don't u think the dip will be bought? again?
Note Cobra’s ChiOsc on 60 min SPY is a bit high
Although the snake will probably say it is not extreme enough…….
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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