09/24/2024 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.

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

50% chances of double top (green arrows) and possible 3 push up. Assume there's still one more push up to make a slightly lower high as illustrated by dashed red arrows.

[Trades w 2 Cats]

Testing the well established trend line.

[Cobra]

Members only update at 10:03 am
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[Cobra]

Probably we had the range low. So far it's a range day.

[Trades w 2 Cats]

No idea why 5780 ish is such a solid wall of resistance, but it still is.

[BullBear52x]

We are at ATH top negative D. big picture.

But....first thing first, dip buying in play in swing, until this one failed will bears have a say. same playbook, different day. Peace!

[Trades w 2 Cats]

Never fails, post about a level and boom! 10 points straight up.

[Cobra]

Members only update at 12:23 pm
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[BullBear52x]

Bonus chart: There is more stars than in a flag. IWM and XLF are not helping, no wind behind this sail.

[BullBear52x]

Intraday: new swing high, it is bullish bias, bulls need to close above the red lilne or we will end the day with another negative price action again in 4 days.

[Cobra]

The pullback probably will be bought. Don't think it'd be a double top here.

[Cobra]

Consolidation, bias is up.

[Cobra]

Members only update at 1:52 pm
http://www.cobrasmarketview.com/2024/09 ... ay-update/

[Cobra]

Need go out now, not sure can be back before the close or not. You may see a head and shoulders top (red arrows) for now but the pattern generally won't work, so I won't be bother.

[Cobra]

I'm back. I see a classical breakdown (that long lower shadow) then sharp reversal up, now let's see bears can make a lower high here or not, maybe 49% chances, hmm, 40% chances.

[BullBear52x]

Macro news: today consumers confidence @ 3 year low, ticked up the odds of .5% cut in Nov. from .25%. are you tired of stimies...nah....stimy stimy stimy. Haha

[JFR]

ES daily.

Trading range.

At the top.

Pushing up still, trying for a breakout.

Well above the EMA 20.

[Cobra]

Members only update at 3:51 pm
http://www.cobrasmarketview.com/2024/09 ... 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

[JFR]

ES 60 minutes.

Going nowhere for a few days now.

Lots of chop.