01/30/2024 Live Update

[Cobra]

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The pullback overnight for now looks like a bull flag so bias is up.

[BullBear52x]

Who let the dogs out? yesterday started the day like range day and boring Monday, as soon as I went out thinking it's not going to do anything, boom up it went. missing all the easy run up. lets hope for more crazies today.

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2024/01 ... ay-update/

[BullBear52x]

More up or fail here.

[BullBear52x]

Looking at the economy data released and Fed rate cut expectation. something is not right.

[Cobra]

If bulls are able to touch the blue line then breakout would be more likely.

[BullBear52x]

Morning bears fails to push down, next dip on MA support will tell if there will be an up trend day or just a sideways consolidation.

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2024/01 ... ay-update/

[BullBear52x]

Buy support is too weak, sideways to down is back.

[BullBear52x]

Swing setup: dips will be bought. same playbook.

[BullBear52x]

Intraday: New swing high, it is bullish bias, there should be a good support around 61.8%, so far there is a negative price action, it will not be look above and failed until we trade under 38.2%. let see how support at 61.8%?

[BullBear52x]

Internals: it is bearish bias, the sellers are roaming again, let see how today's closed. Peace!

[Cobra]

Not sure whether it's a double bottom here (green arrow) therefore the low was in.

[BullBear52x]

Intraday trade made simple. if I am bullish this line in the sand and HL must hold or a negative price action to continue. don't want until LL to know, it will be too late for my taste. peace out!

[Cobra]

Possible Cup with handle so breakout is more likely.

[Cobra]

Members only update at 3:32 pm
http://www.cobrasmarketview.com/2024/01 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2024/01 ... 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

[JFR]

Server issue on Tuesday.

SPY daily.

A doji.

Many positive indicators.

[JFR]

SPY 60 minutes.

Trading range.

No progress.