06/05/2024 Live Update

[Cobra]

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Maybe bias is up.

[JFR]

ES daily.

Up off the EMA 20.

Sitting on the trendline.

A bullish candle at this time.

Eyes on the top.

A bottom formed on Friday.

[JFR]

ES 60 minutes.

Extended trading range.

Through the Pivot, up to R1.

Trying to breakout.

[JFR]

ES 5 minutes.

Moving from one level (boxes) to the next, and beyond.

Breaking out. Looks like it means business.

But the big, bad bears are in the woods nearby. Ha ha.

[JFR]

ES 5 minutes.

Sneaky fakeout at the open. Ha ha.

The bears were just waiting to attack.

[Trades w 2 Cats]

ADP numbers were bad showing wages dropping. So based on the opening swing bad news is bad for now.
In 20 minutes we get the major economic news of the day so we will see if good is good or bad.

[JFR]

UL.

Up again today.

Have not checked the news, just following the chart action.

Back later ...

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2024/06 ... ay-update/

[Cobra]

It's a morning hourly filled black bar

[JFR]

SPY 5 minutes.

Gap up, bulls in charge.

Try to fill gap, bears in charge.

Resume move up. Bulls √.

Eyes on the top.

... Away from the desktop ...

[Cobra]

It's an uptrend day.

[Cobra]

Members only update at 12:10 pm
http://www.cobrasmarketview.com/2024/06 ... ay-update/

[Cobra]

The pullback will be bought.

[Trades w 2 Cats]

We will see if this count holds. Pretty iffy for a wave 3

[BullBear52x]

Swing setup: last sell failed, next dip will be bought.

Intraday: new swing high, very strong day, bullish as it can get at this point.

Internals: bullish bias, at this point, new ATH is not IF but WHEN? Peace!

[BullBear52x]

Bonus charts: Fear not, chart pattern reset today, bears only hope is 2x top, but that is a counter trend short term. Trade well.

[Cobra]

The pullback probably will be bought again as it's the very first touch of EMA20 in a long time.

[BullBear52x]

Monthly bearish stick sandwich candles. this month should be flat to down, for the up and up short term there will be a limit, the up trend will hit a ceiling soon. there you go, for the chart junkies and the diamond hands.

[Cobra]

This pullback will be bought again.

[Cobra]

Members only update at 3:35 pm
http://www.cobrasmarketview.com/2024/06 ... ay-update/