09/04/2024 Live Update

[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.

===============================================================================================================================

Consolidation overnight, maybe bias is down?

[Cobra]

Members only update at 10:09 am
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[Cobra]

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

[JFR]

ES daily.

Breaking down. Breaking bad.

Out of the long time trading range.

[JFR]

ES 60 minutes.

Strong move down yesterday.

A bit up today.

[JFR]

ES 5 minutes.

Choppy action.

Up. Down. Going nowhere.

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[KUBAN513]

I've been DT ASTS the past month. I wish I just longed it. Missed today's runup. Seemed like a meme, but... be careful it's pulling back some

[Cobra]

Typically the rebound would mean the low was in for today.

[Cobra]

Need a decisive breakdown to confirm the lower higher (red arrow) then need decisive breakdown the day low to avoid double bottom. Bears have lots to do. So far it's a range day.

[Trades w 2 Cats]

Panda Master Wu posed this alternate count on X. If he is correct we are looking for a big zig zag down.

What ever happens the half filled hollow point on the volume profile is calling. Hard to resist as the Mag 7 continue to fall.

[Trades w 2 Cats]

IF market can hold the opening print into the close we get a tombstone doji. If not maybe a down pointing dragonfly. Either way the real action will be in the morning with ADP non farm and and ISM Services PMI

[Cobra]

Members only update at 3:42 pm
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2024/09 ... 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