10/03/2025 Live Update

[Cobra]

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Double top or not, wait and see. I doubt though.

[BullBear52x]

open inside day, anything goes...Friday like this we may go nowhere, manage the risk and be nimble that's my trading plan. less trades is best.

[BullBear52x]

only 200 points to 7000 on /ES. it's round number thingies.

[Trades w 2 Cats]

Never under estimate the power of a X00 price level.

[Trades w 2 Cats]

Should assume a major call wall sitting at 6800. Along with that goes the thought that dealers will defend and actively sell the market as we get close.

[Cobra]

Members only update at 11:32 am
https://www.cobrasmarketview.com/2025/1 ... ay-update/

[Cobra]

The pullback for now looks like a bull flag so bias is up.

[Trades w 2 Cats]

Full credit to Julie Wade on X trolling for subscribers. She figured the dealers would get aggressive at 6790 which was a bit low. But they, or someone, is really stopping the market just short of that call wall at 6800 so thy can book premium.

[JFR]

Woke up late.

Fired up the desktop.

Avast eliminated my broker app. Gone. Just a blank icon in the task bar. Gawd.

Find the right download. At least Avast did not prevent that. At times in the past, it did prevent some downloads.

I think I might abandon Avast. It is an AI and decides what I can do. Grrrr

I always get everything working again. But ... Ghaezus.

Half an hour wasted.

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[JFR]

ES daily.

Breakout. Eyes on the top? Ha ha. It is the top.

All time high.

Blue skies above.

Approaching danger zone? Of course.

Sustainable? Not forever. A very serious pullback is necessary. A crash? Nah. I do not think it is that out of whack in terms of P/E et cetera. But, there are political considerations, and global conflicts. Anything is possible. Gold. Yeah, that's the ticket.

The market itself? Crazy. So many big players. BOTs. Retail traders. All aboard!

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[JFR]

ES hourly.

Breakout, as with the daily.

Up to R2, higher level.

Darvas would be very happy to see his method still working.

[JFR]

ES 5 minutes.

Nice moves. Looking for more.

Time to run some stocks scans, methinks.

[Cobra]

Members only update at 12:10 pm
https://www.cobrasmarketview.com/2025/1 ... ay-update/

[JFR]

DIA.

The Dow is breaking out.

Throw in without any other considerations? Nope.

Do you want the situation on the right, or the left?

A long time ago, a "guru" I followed said the situation on the left
gave the "proof in the pudding," as she called it. Safer of course.

Dave Landry teaches this also. He calls it a Trend Knockout.

But sometimes it does not pullback.

If you are that hot to enter, drill down to a lower time frame, and enter there.
You will find a pause or pullback at some time frame.

[Cobra]

Possible 3 push up.

[BullBear52x]

Possible 3 push up.


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Nailed it boss! good call.

[BullBear52x]

This dip will be bought, It's Friday, Peace!

[Cobra]

The rebound probably will be sold as likely it's a 2 legged down.

[Trades w 2 Cats]

Unless something exciting happens, it is clear to me where the line in the sand is for Monday.

[Cobra]

Members only update at 3:52 pm
https://www.cobrasmarketview.com/2025/1 ... ay-update/