05/20/2024 Live Update

[Cobra]

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Probably it's a consolidation pattern therefore bias is up as consolidation usually means continuation.

[Cobra]

Consolidation, breakout is more likely which if indeed then it's an early sign of an uptrend day.

[Cobra]

Members only update at 10:27 am
http://www.cobrasmarketview.com/2024/05 ... ay-update/

[Cobra]

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

[BullBear52x]

This is a gamma squeeze, TRIN, CPC, CPI, CPE are all greater than 1 atm.

Swing setup is selling, new box, make or break for bears.

[BullBear52x]

Intraday: new swing high, bullish bias, negative price only when trade under the red line.Transitional point on 5 min. be nimble on both sides.

[marcueus2]

This is a gamma squeeze, TRIN, CPC, CPI, CPE are all greater than 1 atm.

Swing setup is selling, new box, make or break for bears.

Forget about it, NVDA earning will get this market past 5400

[BullBear52x]

This is a gamma squeeze, TRIN, CPC, CPI, CPE are all greater than 1 atm.

Swing setup is selling, new box, make or break for bears.

Forget about it, NVDA earning will get this market past 5400

First thing first, I have to stick to my system.

[BullBear52x]

Day trade made simple, if this sell failed, then bears are dead once again. from now, it is what it is.......

[BullBear52x]

Looking back:
Dot Com bubble, did the internet gone out? nope, the boom and bust cycle continue
Housing market boom and bust, same thing and go on after.
Bit coin boom and bust, same thing, and go on after.
cannabis boom and bust, same thing, this one is dead never came back.
to day is AI....the question is will there be boom and bust in AI hype, the answer will be yes, but will not be out just like Dot com. down but not out, I believe strongly there will be bust.

If you remember e-bay, e-toy, e-vitamin, smart city, smart-pet.. you are probably drinking smart water right now.

[Cobra]

Members only update at 12:30 pm
http://www.cobrasmarketview.com/2024/05 ... ay-update/

[Cobra]

Lower high?

[Cobra]

Should be a rebound here first then we'll see, Not sure whether there'll be another leg down or not.

[JFR]

ES daily.

Knocking on the door of a breakout.

Keep on knocking without a jailbreak and it will give up and head back down South, towards support.

[JFR]

ES 60 minutes.

Boxes. Play them as fades.

Trends are more exciting, however, and the market is in No Man's Land.

[Trades w 2 Cats]

No idea why 5336 is important area, but it sure has my interest.

[Cobra]

Members only update at 3:42 pm
http://www.cobrasmarketview.com/2024/05 ... ay-update/

[JFR]

ANF Abercrombie and Fitch. Apparel. Founded in 1892. HQ in Albany, OH.

Most recent posting on here December 12, 2023.

Trying for a breakout. Not recommending.

Abercrombie & Fitch Co. engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa. The APAC segment includes operations in the Asia-Pacific region, including Asia and Oceania. The company was founded by David Abercrombie in 1892 and is headquartered in New Albany, OH.

[Cobra]

Members only update at 3:53 pm
http://www.cobrasmarketview.com/2024/05 ... ay-update/

[Cobra]

Well, guess that's it for today, here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374