11/17/2023 Live Update

[Cobra]

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Testing the previous high, let's see whether bears can make a double top here which usually won't happen though.

[JFR]

SPY daily.

3rd day flat.

But still looking good imo. Helluva move up from the bottom of October 27. Targets just above.

[JFR]

SPY 60 minutes.

Multi-day range. Needs a breakout.

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2023/11 ... ay-update/

[Cobra]

Nothing to say, it's a boring day so far.

[Cobra]

Members only update at 12:08 pm
http://www.cobrasmarketview.com/2023/11 ... ay-update/

[JFR]

LABU 5 minutes, having a good day, as day trades.

Information only.

[Trades w 2 Cats]

Going into the quiet period of US Thanksgiving week the media is saying the CTAs are about done buying. So short squeeze will be gone in a week.

I am old, I remember sitting in front of my screen trying to figure out how to trade waterfall drops without giving it all back when the rip your face off rallys hit. With 0DE options just throwing gasoline on a volatility bonfire I am thinking of buying some Depends if we start hitting those waterfall drops.

[BullBear52x]

Swing setup: new sell, new box make or break. stick to what works until it doesn't.

[BullBear52x]

Intraday: we have a swing high, sideways range day but it is bullish bias until bears can take it back down under 38.2%.

[BullBear52x]

Internals selling of yesterday has no follow through, $TRIN is high but the AD issues are positive. today another key TA to consider is an option expiry day. so...the max pain action could really mess things up, lots of money for options market today. let see how this closed, can not make a good call as of now. stick to time frame and method of a trade. Peace!

[JFR]

WSM.

Posted on here yesterday.

Having another good day.

Information only.

Back later ...

[Cobra]

The pullback probably will be bought.

[Cobra]

Members only update at 3:35 pm
http://www.cobrasmarketview.com/2023/11 ... ay-update/

[Cobra]

Members only update at 3:55 pm
http://www.cobrasmarketview.com/2023/11 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/ ... /533449377

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/ ... /533449377