Back to www.cobrasmarketview.com

07/22/2024 Live Update

Post Reply
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

07/22/2024 Live Update

Post by Cobra »

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
  • Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
  • Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
  • Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
  • I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to cobra@cobrasmarketview.com.
===============================================================================================================================

Don't know the low was in or not, the pattern looks missing at least a higher low though.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
BullBear52x
Posts: 30137
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/22/2024 Live Update

Post by BullBear52x »

A daily trend following is buy the dip, but the swing is on sell this rip, if this sell failed, then daily buy the dip will kick in. know what time frame of your trade.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 30137
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/22/2024 Live Update

Post by BullBear52x »

what a week of news these past days. political is in chaos, stock market is in a bubble. I am still in full summer off schedule, on and off the next couple weeks.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 30137
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/22/2024 Live Update

Post by BullBear52x »

Intraday pivot today. in or out?
Attachments
2.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by Cobra »

It's a morning hourly filled black bar

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
BullBear52x
Posts: 30137
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/22/2024 Live Update

Post by BullBear52x »

A daily trend following setup, if no new LL intraday the buy signal will trigger on a daily. will know before market close today. RSI >30 = buy trigger, keep it simple!
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by Cobra »

I see an early sign of an uptrend day. Don't think it'd be a double top here.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by Cobra »

Don't know whether there's another leg down or not, the rebound so far looks like a bear flag but we all know this could be changed anytime.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by Cobra »

Guess the best bears can hope is a range day now - the current up stops at the range high (blue line above).

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
BullBear52x
Posts: 30137
Joined: Tue Feb 22, 2011 3:47 pm

Re: 07/22/2024 Live Update

Post by BullBear52x »

Not much to say today, the fight on the buy/sell signals in multime frames. who will win out remain to be seen.

Swing setup: new sell, new box, make or break.
1.PNG
Intraday: new swing high, it is bullish bias, but a lower closed will be seen as a negative price action going into tomorrow.
2.PNG
Internals: bearish bias, buyers need to step up harder to close. Peace!
3.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by Cobra »

Breakout is more likely and since it'd be the 2nd breakout therefore likely it'd be for real.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by Cobra »

The pullback probably will be bought.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
JFR
Posts: 10679
Joined: Sun Dec 02, 2012 7:24 pm

Re: 07/22/2024 Live Update

Post by JFR »

SPY daily.

Back up above the EMA 20.

Sto and MACD down.

Is the pullback over? Is that it?

Dunno, but the move down has been stalled. For the bulls that is something.

2024-07-22_12-39-01.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10679
Joined: Sun Dec 02, 2012 7:24 pm

Re: 07/22/2024 Live Update

Post by JFR »

ES 60 minutes.

Up through the Pivot.

And through R1.

Trying to break out above a resistance line.

2024-07-22_12-43-14.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10679
Joined: Sun Dec 02, 2012 7:24 pm

Re: 07/22/2024 Live Update

Post by JFR »

ES 5 minutes.

It's a roller coaster.

Up and down but not really going anywhere.

Playable as fades.

Have a good afternoon.

2024-07-22_12-47-04.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60310
Joined: Sat Feb 12, 2011 10:29 pm

Re: 07/22/2024 Live Update

Post by 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

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply