09/11/2024 Live Update

[Cobra]

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Lower high or not, wait and see.

[JFR]

ES daily.

Higher open. Higher close. Higher low.

A bottom of sorts formed three days ago.

The bulls are making a case for more upward movement.

But the bears are still there.

Price is below the EMA 20.

[JFR]

ES 60 minutes.

Down Friday. Then up Monday.

Then two days of a trading range.

In the range, the bulls are making another attempt at a breakout, following a hammer.

[JFR]

ES 5 minutes.

A sharp move down an hour ago.

Then a sharp move up.

The action is mostly favoring the bulls so far.

[Cobra]

Members only update at 10:05 am
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[Cobra]

Testing yesterday's low, watch for classical breakdown then reversal up. 9.11 today supposes to have a patriotic rally, let's see.

[JFR]

SPY 5 minutes.

Wild action.

Wear your hard hat.

Back later ...

[BullBear52x]

the last two buys were a success with HH, for that bulls are still having one more buy coupon, as ugly as it may look intraday, swing setup is still have one more hope for bulls.

[BullBear52x]

Intraday: another inside day, so....anything goes, be nimble on both sides until a break out off this Harami crab.

[Cobra]

Generally the rebound would be sold. The ema20 above is the very first and the last possible place.

[Trades w 2 Cats]

OK, I see the classic five wave impulse up, need the three wave pullback and then it is a bull stamped, at least on paper.

[BullBear52x]

If this buy failed, it will fail in a grand style. Stops are in....Emotions are out!

[Cobra]

Guess the low was in for today. It is 911 rally.

[Cobra]

Members only update at 12:05 pm
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[Trades w 2 Cats]

Wow, W 4 was a lot deeper than I expected. The Elliott Wave stuff is entertaining, when it is clear what is going on.

[BullBear52x]

Stick to what works
Swing setup: new HH again. another success for this setup, dip will be bought.

Intraday: inside day, anything goes.

Internals: bearish bias, things that make you go Hmmm....Peace!

[Cobra]

The pullback will be bought. (I don't even bother to say "probably")

[BullBear52x]

Bonus chart: chart pattern with EIP system assists, strong reversal, first LH got taken back today. It is what it is......

[JFR]

ES 5 minutes.

Helluva move up, after a sharp move down.

Up through S2, S1, the Pivot and R1. All the way to R2.

And there it finds some resistance.

[Cobra]

Members only update at 3:31 pm
http://www.cobrasmarketview.com/2024/09 ... ay-update/