11/03/2023 Live Update

[Cobra]

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Must be a very bad job data. Maybe the market is too stretched, at least the gap this morning might be filled, just my guess, no evidences.

[JFR]

SPY daily.

The bulls are on the move. Day 5 in the move up. Skipping and hopping and gapping. Snapping up stocks, as the old saying goes: "Like a fat kid on a Smartie."

[JFR]

ES 60 minutes.

Boxes upon boxes. Up through S2, through S1, through the Pivot, through R1.

Yup, "to the Moon, Alice."

[JFR]

ES 5 minutes.

Strong move up, starting one hour before the open.

[Trades w 2 Cats]

Looks like a rounded top to me.
For bears this would be a wave two up, for bulls a wave 1 up. Only way to know is to see just how far the market falls next week.

[Cobra]

Members only update at 10:25 am
http://www.cobrasmarketview.com/2023/11 ... ay-update/

[Trades w 2 Cats]

Bouncing on support. Ready for a serious drop.

[Cobra]

Don't know whether the low was in for today or not. I'm expecting a gap fill but so far looks like it won't be today.

[Trades w 2 Cats]

Drifting between stalk zones in a range. DI shows momentum is gone. Several support areas to break to close the gap. Not positive about thismove as it is hardly a gap and go today. Maybe bulls will prove themselves but I have to see it to believe it.

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2023/11 ... ay-update/

[Cobra]

Testing day high, I don't expect a double top here, a little pause here first maybe if bears are lucky.

[Trades w 2 Cats]

bottom of range, bulls pulling back a little.

[Cobra]

Not sure whether it's a double top here or not as It's the very first test of EMA20 in a long time, could attract some buyers.

[JFR]

ES 5 minutes.

Two moves up.

Now hanging on the EMA 20.

Any more bulls coming out to play? Still lots of bears out there.

[JFR]

ES daily.

Some might say the bear market is over. Dayum near. Some might say it needs to clear 4430, and then vacuum to the top.

Many stocks showing up on scans, begging to be bought.

[JFR]

AFL showing up again. I've posted it on here a number of times.

Not recommending, just sharing information.

[Trades w 2 Cats]

evil site saying billions moving into market. Never stand in front of a run away train.
https://www.zerohedge.com/markets/buyin ... ying-month
It is behind their paywall so no details.

However if all that cash is flooding in why are we going no place today?

[Trades w 2 Cats]

2000 tick chart shows double top set up. Need the big drop to confirm. As I said where are the billions in CTA funds buying the top?

[BullBear52x]

Swing setup: dips will be bought, lots of energy on the buy side.

[BullBear52x]

Intraday: another swing high and gap and go. nothing much to see here for bears.