05/26/2023 Live Update

[Cobra]

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Double top or not (red arrows), wait and see. I say it has chances because it's a 3 push up (purple arrows) before the current push up which is a classical pattern after 3 push up.

[JFR]

ES daily.

In the forever trading range.

Just above the EMA 20.

Up a bit over the past two days.

[JFR]

ES 60 minutes.

Up through S1 and through the Pivot.

[JFR]

ES 5 minutes.

Nice movement pre-open.

It will get choppy soon enough.

[JFR]

ES 5 minutes.

Hello, bulls.

Moving up through R1.

Taking a break ...

[Cobra]

Members only update at 10:03 AM
http://www.cobrasmarketview.com/2023/05 ... ay-update/

[Serenity]

Wall Street Braces for Big Changes Over the Next Five Years
Executives and experts say finance won’t be the same after artificial intelligence.

[Cobra]

Started like an uptrend day but unfortunately bulls cannot hold long, disappointing but still generally the pullback would be bought.

[Al_Dente]

Note MRVL
reaction to last night's earnings
MRVL is in SMH, the semiconductor index

[Cobra]

Members only update at 12:18 pm
http://www.cobrasmarketview.com/2023/05 ... ay-update/

[Al_Dente]

The gravy train that was First Republic:
"Unnamed Banker" At FRC Earned More Than JPM CEO Jamie Dimon Last Year
[Bloomberg via zh]
https://www.zerohedge.com/markets/unnam ... -last-year

[Cobra]

Breakout should be more likely.

[Al_Dente]

OLD NEWS: "Musk said in a Fox News interview that Twitter runs fine without as many staff now that it’s not operating as a censorship machine against conservative voices."

[Al_Dente]

BIG TECH, 15 minutes, 20 days:

[Serenity]

One upon a time , we had MRNA and every blogs filled with MRNA news and stock, the bubble burst after it reached to $500 stock.Bitcoin bubble, Gold bubble, MRNA bubble, NVDA bubble and many more to come after we are gone.

The END.

[Trades w 2 Cats]

One upon a time , we had MRNA and every blogs filled with MRNA news and stock, the bubble burst after it reached to $500 stock.Bitcoin bubble, Gold bubble, MRNA bubble, NVDA bubble and many more to come after we are gone.

The END.

It has taken a while, because I am a slow student, but I have learned that human nature has not changed in the 5,000 years or so of known history. And behind all the equipment, it is human nature that drives the market.

[Serenity]

One upon a time , we had MRNA and every blogs filled with MRNA news and stock, the bubble burst after it reached to $500 stock.Bitcoin bubble, Gold bubble, MRNA bubble, NVDA bubble and many more to come after we are gone.

The END.

It has taken a while, because I am a slow student, but I have learned that human nature has not changed in the 5,000 years or so of known history. And behind all the equipment, it is human nature that drives the market.

Pretty Soon , it is going to be Artificial intellgence nature
This quote is from twitter of this Human,
Jeffrey A. Hirsch
@AlmanacTrader
·
1h
Page 100 of the 2023 Almanac shows days after Memorial Day positive since 1980. But weakness has increased the last 22 years after Memorial Day. Day after Memorial Day DJIA & NAS down 6 of last 8, S&P down 7 of last 8.

[Cobra]

Members only update at 3:33 pm
http://www.cobrasmarketview.com/2023/05 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2023/05 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449374