09/21/2023 Live Update

[Cobra]

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This bear shall have legs. Typically will rebound upon open though. (This bear shall have legs means the rebound probably would be sold so it doesn't conflict with the other saying "typically will rebound upon open)

[Cobra]

Members only update at 10:02 am
http://www.cobrasmarketview.com/2023/09 ... ay-update/

[Cobra]

Break the blue line decisively to confirm double top (red arrows).

[Cobra]

Members only update at 12:05 pm
https://www.cobrasmarketview.com/2023/0 ... ay-update/

[Cobra]

The breakdown is an hour later than usual but still it could mean it's a downtrend day.

[JFR]

ES daily.

Two strong candles, marubozus, in a row.

Down to 4395, looking for support.

[JFR]

ES 60 minutes.

Down. Down. Down.

Beneath S2.

[JFR]

ES 5 minutes.

Finding some support at 4395.

A good day for the bears. Bulls taking the day off.

[Cobra]

So far we stuck in a range, nothing interesting. I don't believe it's a descending triangle as illustrated by blue lines, but let's see.

[Cobra]

I see a down price channel, now testing the channel lower boundary, could be a rebound here, typically it'll break it a little bit before the rebound.

[Cobra]

Members only update at 3:33 pm
http://www.cobrasmarketview.com/2023/09 ... ay-update/

[Cobra]

Members only update at 3:53 pm
http://www.cobrasmarketview.com/2023/09 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397