05/15/2024 Live Update

[BullBear52x]

Swing setup: Last buy was a success, time to get the money and position sizing in order, moon time

Intraday: new swing high, nothing to see for bears.

Internals: bullish bias, there is follow through on yesterday's bull moves. Peace!

[Trades w 2 Cats]

Are we there yet?

[Trades w 2 Cats]

Elliott Wave (By me) saying a bit more to go. RSI and MFI both saying not much left as we are over bought.

[BullBear52x]

ES 06-24 (37000 Tick) 2024_05_15 (10_03_05 AM).png
Are we there yet?

New ATH on futures will change all the bearish counts. it will be a miracle for bearish count to hold here and 300 points down from here, but again, can't discount anything these days.

[BullBear52x]

Based on my $VIX charts, this rally will not stick as of today's reading. it is still showing topping out. but short term don't have anything to call to, so, will have to stick to what works.

[BullBear52x]

Here's chart, similarity to '22, but power that be already geared up to weather this one out differently.

[Cobra]

Members only update at 3:33 pm
http://www.cobrasmarketview.com/2024/05 ... ay-update/

[Trades w 2 Cats]

Stick this move with a fork, it sure looks done to me. Nvidia reports in a week. Guessing we drift around until then.

[Cobra]

Members only update at 3:55 pm
http://www.cobrasmarketview.com/2024/05 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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/ ... /533449387