07/10/2024 Live Update

[Cobra]

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3 push up and since the last push up made a new high so likely there's another push up to make a lower high before a pullback can be possible.

[Trades w 2 Cats]

Pretty clear that I should have been trading at night and walking away during the day!

[Cobra]

Members only update at 10:10 am
https://www.cobrasmarketview.com/2024/0 ... ay-update/

[Cobra]

Some support here.

[Cobra]

50% chances of double top here. Normally I'd say 40% chances so already bear biased because of the long upper shadow.

[Cobra]

Members only update at 12:09 pm
https://www.cobrasmarketview.com/2024/0 ... ay-update/

[icman]

As Mr. Myagi would say - never ever this will ever go down.

[Cobra]

Might be a pullback here first which likely would be bought later.

[BullBear52x]

Swing setup: no change, dip will be bought.

Intraday: another new swing high, can't get any more bullish than this.

Internals: bullish bias, very strong buy today. The market can stay irrational longer than you can stay solvent, He said. peace!

[Cobra]

The pullback will be bought.

[Cobra]

Unlikely it'd be a double top here, probably is cup with handle therefore breakout is more likely.

[BullBear52x]

As of yesterday, only 46% of SPX stocks were trading above 20 DMA, and only 45% were above 50 DMA and the index is at ATH, things that makes you go Hmmm....But only price pays!

[BullBear52x]

Bonus chart: Bullish percentage in a historically negative, mother of all negative D.

[JFR]

ES daily.

News flash: "It's a breakout, Folks." Ha ha.

Just one confirmation left. Dip back to support and resume upwards.

Ride 'em, Cowboy.

[JFR]

ES 60 minutes.

Some baby steps. And a monster step.

Since Monday it has moved from S2, through S1, through the Pivot,

through R1, through R2, all the way to R3.

And there it pauses to catch its breath.

[JFR]

ES 5 minutes.

Trying for a breakout to a higher level.

Helluva day.

[Cobra]

Members only update at 3:39 pm
https://www.cobrasmarketview.com/2024/0 ... ay-update/

[tsf]

Thank you, Cobra and the Board ! Your weekend updates and bullish views are right once again. Amazing.

[Cobra]

Members only update at 3:55 pm
https://www.cobrasmarketview.com/2024/0 ... 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