02/20/2025 Live Update

[Cobra]

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Rising wedge and near the lower wedge boundary so maybe rebound.

[JFR]

ES daily.

In a very wide trading range, since December.

At the top of that range.

Many times knocking on the door of a breakout.

Eventually it will give up once again and pullback.

[JFR]

ES 60 minutes.

Ups and downs.

Now struggling just beneath the Pivot.

[JFR]

ES 5 minutes.

Level to level.

Support and resistance doing their thing.

Will it break up or down?

Dunno. Don't care. I just play the charts.

[grandeG]

Funny fakes along the way let’s see if this holds true again

[JFR]

ES 5 minutes.

Trying to break down.

Or it could be a three step reaction to news.

Back later.

[BullBear52x]

Inside day, below my 38.2% bearish but need to see new swing low. for now yesterday LOD can still hold. will see.

[Cobra]

Not visible on chart but now is testing the Feb 18 lows.

[Cobra]

Members only update at 10:02 am
http://www.cobrasmarketview.com/2025/02 ... ay-update/

[BullBear52x]

First thing first, a releif rally pull back as expected. buy this dip.

[Trades w 2 Cats]

Some would call this a shallow wave 2 but most would say it really needs to get to that 50% retracement level. Waiting for the Market to decide.

Mad at myself for not spending the evening trading as the damage was done well before the European open.

[BullBear52x]

Same playbook different day, New buy, new box, make or break.

[BullBear52x]

Intraday, keep it simple. bulls need to get back in yesterday's range or bear will keep hitting the moe.

[Cobra]

My guess is, it's not a double bottom here but let's see.

[Cobra]

Now it looks more and more like a descending triangle, so breakdown is more likely.

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2025/02 ... ay-update/

[Cobra]

Strong rebound breaking EMA20, so maybe the low was in for today?

[Cobra]

Possible measured move (pink area) to test the blue line above. We may have had the higher low (green arrow).

[Cobra]

Possible another measured move up but this time usually won't reach the 100% target (top of the pink area).

[Cobra]

Members only update at 3:39 pm
http://www.cobrasmarketview.com/2025/02 ... ay-update/