Back to www.cobrasmarketview.com

02/01/2024 Live Update

User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

02/01/2024 Live Update

Post by Cobra »

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
  • Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
  • Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
  • Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
  • I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to cobra@cobrasmarketview.com.
===============================================================================================================================

For now the rebound may look like a bear flag which mostly doesn't work though.
Attachments
0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/01/2024 Live Update

Post by JFR »

SPY daily.

Further down on the pullback on Wednesday.

Reaching down for the EMA 20.

Fairly serious.

Since the move up from September, price has only hit down to the EMA 20 twice.

2024-02-01_06-12-44.png
Last edited by JFR on Thu Feb 01, 2024 10:24 am, edited 1 time in total.
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/01/2024 Live Update

Post by JFR »

SPY 60 minutes.

Big move down yesterday. Now back up to the EMA 100 in the pre-market.

2024-02-01_06-21-50.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
BullBear52x
Posts: 30022
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/01/2024 Live Update

Post by BullBear52x »

gap
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/01/2024 Live Update

Post by JFR »

ES 5 minutes.

Nice recovery, riding the EMA 20, going back 5 hours.

Now chopping along, for an hour and a half.

2024-02-01_06-29-49.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
BullBear52x
Posts: 30022
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/01/2024 Live Update

Post by BullBear52x »

Inside day, boring day is to be expected after big down day.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/01/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
BullBear52x
Posts: 30022
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/01/2024 Live Update

Post by BullBear52x »

Buying gaining strength, need to push up above 61.8% first.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 30022
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/01/2024 Live Update

Post by BullBear52x »

Day trade made simple. next sell setup will tell if there will be a down trend day or not, so far, inside day, under 38.2% is leaning bearish bias.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 30022
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/01/2024 Live Update

Post by BullBear52x »

Based on my indicators and momentum, today is sideways range day. I don't expect a trend day, a boring consolidation from big sell off of yesterday. let's see after this intraday sell setup. :ugeek: :geek: :mrgreen:
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/01/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/01/2024 Live Update

Post by Cobra »

Strong up so seems the low was in for today.
Attachments
0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
BullBear52x
Posts: 30022
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/01/2024 Live Update

Post by BullBear52x »

Entering sell the rip on swing setup. crazy market. this must be an Ai moves.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 30022
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/01/2024 Live Update

Post by BullBear52x »

Swing setup: sell triggered today, first sell under 5 DMA, make or break. keep it simple.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 30022
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/01/2024 Live Update

Post by BullBear52x »

Internals: bullish bias, no follow through on sell, the closed will tell the full story. peace!
Attachments
3.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/01/2024 Live Update

Post by Cobra »

The pullback will be bought.
Attachments
0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/01/2024 Live Update

Post by Cobra »

Pullback from the resistance yesterday which probably will be bought again. The market seems back to up and up mode.
Attachments
0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/01/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Trades w 2 Cats
Posts: 1968
Joined: Tue Dec 15, 2020 3:48 pm

Re: 02/01/2024 Live Update

Post by Trades w 2 Cats »

-As everyone has been pointing out, today didn't count. Pulling back from oversold. After the close earnings will move this market and tomorrow before the open the jobs numbers for the month.

Wave counters really are looking for that 4,950 or a bit more before the big sell off of several hundred points. But the current 2024 high meets the minimum requirements so let's see what the open brings, will it be gap and go or black Friday?
User avatar
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/01/2024 Live Update

Post by JFR »

CLS. Celestica. HQ in Toronto, Ontario.

Electrical Components.

Moving up since November. On a run lately since January 19.

More of a growth stock, than a value stock in my opinion.

Not recommending, just sharing information.
Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through Advanced Technology Solutions, and Connectivity & Cloud Solutions segments. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services. It also provides hardware platform solutions, which includes development of infrastructure platforms, and hardware and software design solutions and services which is used as-is, or customized for specific applications; and management of program including design and supply chain, manufacturing, and after-market support. The company serves aerospace and defense, industrial, HealthTech, capital equipment, original equipment manufacturers, cloud-based, and other service providers, including hyperscalers, and other companies, as well as communication and enterprise markets including servers and storage. Celestica Inc. was incorporated in 1996 and is headquartered in Toronto, Canada. Yahoo Finance
2024-02-01_12-44-22.png
Last edited by JFR on Thu Feb 01, 2024 4:54 pm, edited 2 times in total.
Charts posted are not recommendations. They are just a sharing of information.
Post Reply