02/24/2025 Live Update

[Cobra]

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Generally should be another leg down before a bottom can be possible.

[BullBear52x]

Overnight net longs inverntory got wiped out. daily STO under mid range very bearish.

[JFR]

ES daily.

Inside bar so far.

Well beneath the EMA 20.

[JFR]

ES 60 minutes.

Sharp move down on Friday, the 21st.

A strong bearish candlestick happening now.

And now it is testing the low.

[JFR]

ES 5 minutes.

Down. Down. Down. Into the depths.

Extremely bearish behavior since the open.

Still moving down, looking for a landing place, looking for support.

[Cobra]

Members only update at 10:01 am
http://www.cobrasmarketview.com/2025/02 ... ay-update/

[BullBear52x]

/ES 6000 round number, next stop will be 5947. if no support here.

[JFR]

DJT.

A little short sell opportunity that came up on a scan.

[Cobra]

Possible double bottom, maybe the low was in for today. EMA20 now is the bear's last chance to make another leg down.

[BullBear52x]

Intraday: bulls have something under their sleaves? it's not a bullish piercing candle until we can regain price above 61.8%, if so, by that time a daily trend following will also trigger buy. will see, it will be interesting transition day in multi-time frames views.

[Cobra]

Members only update at 12:05 pm
http://www.cobrasmarketview.com/2025/02 ... ay-update/

[Cobra]

General pattern, so maybe a pullback is due soon.

[BullBear52x]

Intraday: we have new swing low, it is berish bias, bearish consolidation atm. triangle is another chart pattern to trade with. Peace!

[Trades w 2 Cats]

Not nearly enough up today to complete a higher level wave 2 up. Certainly does look like 6000 level has a tractor beam sucking the market back to that level.

[Trades w 2 Cats]

Sorry, posted an older version.

[Cobra]

Members only update at 3:35 pm
http://www.cobrasmarketview.com/2025/02 ... ay-update/

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2025/02 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374