10/31/2023 Live Update

[Cobra]

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Double top or not, wait and see.

[Cobra]

Members only update at 10:13 am
http://www.cobrasmarketview.com/2023/10 ... ay-update/

[JFR]

SPY daily.

Still in a downtrend.

A doji. Open and close at the same price.

[JFR]

SPY 60 minutes, extended hours.

Up from a bottom on Friday.

Flat today.

[JFR]

SPY 5 minutes.

An imperfect range, not well defined.

But going nowhere, nonetheless, bound by highs and lows.

[Cobra]

Just a range day, certainly not a good sign as the rebound started yesterday and today seems already losing momentum which is very much not the past. Anyway, close to the range high which I assume is the yesterday's high so might be a pullback here, perhaps all the way to the day low.

[Cobra]

Members only update at 11:56 am
http://www.cobrasmarketview.com/2023/10 ... ay-update/

[JFR]

The market is in a downtrend. Flat for 4 days.

Getting a tiny bounce.

But, as Peter Lynch advised, in so many words: Ya gotta lift up a lot of rocks to find some nuggets.

VLE.TO. Valeura Energy. Making a new high.

This one has been good, at times, for almost a year.

Not recommending, just sharing information.

[BullBear52x]

Swing setup: Buy/Sell until it fails. Dips will be bought. the next dip will tell if the trend change will sustain. patience.

[BullBear52x]

Intraday: day 2 of swing high. bulls got some good news to tell tomorrow?

[BullBear52x]

$BPSPX is improving, there is fuel behind this move. no crash after all LOL! Peace!

[BullBear52x]

Fed day tomorrow, looks like a rate hike or no cut, all time high inflation expectation. we passed the spending bill to fight inflation before so, to cut rate to fight inflation will not surprise me at this point.

[Trades w 2 Cats]

Argentina is the current world leader in inflation.

[JFR]

ES 5 minutes.

From box to box.

Up through the Pivot, all the way to R1.

A little bit of hope for the bulls.

[Cobra]

The pullback probably will be bought.

[Trades w 2 Cats]

Market following Fib Bands and volume levels today. Looks like a rounded top. Stalling at an options strike level, of course!

[Cobra]

Come back strong so more up (maybe a pullback first but likely it'd be bought).

[Cobra]

Members only update at 3:36 pm
http://www.cobrasmarketview.com/2023/10 ... ay-update/

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2023/10 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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/ ... /533449381