02/09/2024 Live Update

[Cobra]

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Rising wedge? Still some room to grow the wedge so cannot say when will be a pullback yet.

[JFR]

ES daily.

Poking its nose above resistance.

Trying to break out.

[JFR]

ES 60 minutes.

Break through R2, up to R3.

Then back down into the range.

The bulls want some action, but the bears are awake also.

[JFR]

ES 5 minutes.

Hyperactivity.

"Let's be careful out there."

[Cobra]

Members only update at 10:12 am
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

No sharp pullback in the next couple of bars then it's an uptrend day

[Cobra]

Members only update at 12:07 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[JFR]

ES 5 minutes.

A breakout!!! Oh, but it's still in the trading range for the day. Ho hum.

[Cobra]

This bull shall have legs.

[JFR]

The 4 Horsemen of the stock market, daily perspective.

DIA up. IWM flat.

QQQ up. SPY up.

But finding opportunities to take advantage of the rise is tricky.

I've been day trading Long on the 5 minute, and then also some swing trading Long on 60, 30, or 15 minute charts.

Lots of chop. Lots of danger, especially on over nights.

[Cobra]

Up a lot already then a biggest bar, this usually means exhaustion so a pullback should be due here then we'll see probably would be bought again. This market wants nothing but up.

[Cobra]

Members only update at 3:31 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2024/02 ... 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