07/23/2024 Live Update

[Cobra]

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Double top or not, wait and see.

[Cobra]

Members only update at 10:05 am
http://www.cobrasmarketview.com/2024/07 ... ay-update/

[Cobra]

The low probably was in for today.

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2024/07 ... ay-update/

[Cobra]

Bias is down, may test the blue line below, probably will break it then we'll see whether it's a classical breakdown then reversal up.

[BullBear52x]

Swing setup: Last sell failed, this dip will be bought.

Intraday: another new swing high, bullish bias.

Internals: bullish bias, find excuse to buy until the recent low is broken. Peace!

[BullBear52x]

Bonus chart: buy the panic or sell the complacency ? camplacent level. with fearful market in $VIX, I am questioning the sustainability of this move until the $VIX subsides.

[JFR]

ES daily.

Day 2 with higher high and higher lows.

A pause with more down to come? Or a bottom?

A doji. Above the EMA 20, which is flat.

Improved hopes for the bulls.

But could go either way, imo.

[JFR]

ES 60 minutes.

Stuck beneath resistance.

The lows are moving up.

It wants to break out.

It is spending the day between the Pivot below, and R1 above.

[Trades w 2 Cats]

Filling in the pothole on the volume profile, waiting for tech earnings.

[JFR]

ES 5 minutes.

A roller coaster.

Little moves where the bulls and bears take turns dominating the action.

Fades are possible.

[Trades w 2 Cats]

Elliott wave problem area. If the top is in or is it a pullback? Only a reversal up from wave C or a further drop below (a strong wave 3 ) will make it clear.

Realistically Google said AI last earnings call and away it went. What will they do to top that?
Apple at 35 times earnings increased sales in China by dropping prices. Will an even more expensive folding phone become a must have for struggling Chinese and American consumers or will it be like the virtual reality googles.

We will know soon enough and I think those answers will also tell us f it is a wave C ending and new highs on the way or a wave 3 into a serious correction.

[Cobra]

Members only update at 3:35 pm
http://www.cobrasmarketview.com/2024/07 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2024/07 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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/ ... /533449381