12/19/2024 Live Update

[Cobra]

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The chart looks missing a revisit of the low so maybe the rebound would be sold? And the EMA20 now is the very first and most likely place.

[Cobra]

Members only update at 10:15 am
http://www.cobrasmarketview.com/2024/12 ... ay-update/

[Cobra]

It's morning hourly filled black bar.

[JFR]

ES daily.

"Falling off a ledge" on Wednesday.

"Up off the mat" today.

HIgher low. "Climbing back into the ring?" Ha ha. Enough sayings.

[JFR]

ES 5 minutes.

Relatively clean move before the open.

Now it is all nasty chop.

[Cobra]

Members only update at 12:04 pm
http://www.cobrasmarketview.com/2024/12 ... ay-update/

[Cobra]

Not sure we had the lower high (red arrow) therefore the rebound was over or not. Bias is down for now though.

[Cobra]

Maybe it's a double bottom, not sure, need decisively break the blue line above to confirm. More likely it's a range, so the up may stop around the blue line above.

[Cobra]

As expected, we're in a range, now near the range low, could rebound anytime.

[Cobra]

Members only update at 3:31 pm
http://www.cobrasmarketview.com/2024/12 ... ay-update/

[Cobra]

Members only update at 3:55 pm
http://www.cobrasmarketview.com/2024/12 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397

[grandeG]

It’s some pretty wonky action for sure. I spent the day going back through my charts all the way to July 31 and it seems as though we are definitely in for a little bit of a roller coaster ride like the beginning of August.