12/17/2024 Live Update

[Cobra]

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Descending triangle, still some room to the lower boundary so maybe bias is down for now?

[JFR]

ES daily.

Status quo.

Day 10 in this range.

Riding the EMA 20.

Below the trendline.

[JFR]

ES 60 minutes.

Roller Coaster.

No Man's Land.

[JFR]

ES 5 minutes.

Mostly down. As Arnold Palmer's careful, cagey Scottish caddie said when asked to read a putt: "Mostly straight."

[Cobra]

Members only update at 10:01 am
http://www.cobrasmarketview.com/2024/12 ... ay-update/

[grandeG]

ES 5 minutes.

Mostly down. As Arnold Palmer's careful, cagey Scottish caddie said when asked to read a putt: "Mostly straight."


2024-12-17_06-33-50.png

I love the straight putts makes for easy birdies on the part threes!! Easy to call versus the wavy greens.

[Cobra]

It's a morning hourly hollow red

[Cobra]

Bias is down, breakdown would be an early sign of a downtrend day.

[Cobra]

Members only update at 12:02 pm
http://www.cobrasmarketview.com/2024/12 ... ay-update/

[Cobra]

Maybe it's going to test the day low? From there we'll see whether bulls can make a double bottom.

[Cobra]

Testing day low, now let's see whether bulls can make a double bottom or not. Usually it'll break it a little bit before a rebound can be possible.

[Trades w 2 Cats]

Counting on that double bottom for wave E. IF we do nothing waiting for the Fed (pretty likely given the volume fall off) then we could get an explosive move up triggered by the Fed. Or the opposite way!

[Cobra]

Members only update at 3:38 pm
http://www.cobrasmarketview.com/2024/12 ... ay-update/

[Cobra]

Well, classical breakdown then reversal up.

[Cobra]

Members only update at 3:57 pm
http://www.cobrasmarketview.com/2024/12 ... 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 5 minutes.

Mostly down. As Arnold Palmer's careful, cagey Scottish caddie said when asked to read a putt: "Mostly straight."


2024-12-17_06-33-50.png

I love the straight putts makes for easy birdies on the part threes!! Easy to call versus the wavy greens.

Ha ha. I like the curvy ones.