11/29/2023 Live Update

[Cobra]

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If it's a price channel then there're still plenty of up rooms until the upper boundary.

[JFR]

ES daily.

Showing some interest in breaking out.

Well above the EMA 20.

[JFR]

ES 60 minutes.

From S1, through the Pivot, through R1, all the way to 4590.

[JFR]

ES 5 minutes.

Jail break. Above R2.

[Cobra]

Members only update at 10:05 am
http://www.cobrasmarketview.com/2023/11 ... ay-update/

[te_fern]

Yesterday morning SPX fell enough to fill the gap and today we start a new box. Needs to find support at the middle line...

[marcueus2]

This is very nice pattern for bears, thursday we should get one more push till 4600 and this bear market rebound should be over

[te_fern]

Fell out of top box into lower box...

[Cobra]

Measured move down. Bears did better than I thought.

[te_fern]

Maybe it will bounce off this support line. It looks to be in the same general area as Cobra's measured move....

[Cobra]

Typically the low should be in, let's see if "typically" works today.

[Cobra]

Members only update at 12:18 pm
http://www.cobrasmarketview.com/2023/11 ... ay-update/

[BullBear52x]

Swing setup: Last sell failed. dip will be bought, it's clear on 5 DMA as a support. Buy/Sell until it fails.....

[BullBear52x]

Intraday: another negative price action day, but it is bullish bias since we are still managed to have a new swing high. same play book, find excuse to buy above 61.8%.

[BullBear52x]

Internals: there is no follow through on the selling by closed yesterday, so...like Cobra often said, bulls just need imagination to buy. and BUY we are. Peace!

[BullBear52x]

We are all see this type of weakening in momentum, but only price pays for a short term, longer time line we will get a correction, how deep that is remain to be seen, just kick back and know where your money are.

[Trades w 2 Cats]

Looking at all that support around 4550 as the bear test. Can't quite think they are going to be this close to closing the August gap at around 4620 and walk away from it. Week isn't over so we will see if we get another big overnight gap and go.

[Cobra]

The revisit of the previous low (blue arrow) was common but it's too much so bears made some differences today therefore now maybe safe to say the rebound so far looks like a bear flag.

[Cobra]

Members only update at 3:33 pm
http://www.cobrasmarketview.com/2023/11 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2023/11 ... ay-update/