10/03/2025 Live Update

[Cobra]

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

===============================================================================================================================

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.

download.jpg (5.3 KiB) Viewed 462 times

[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!

download.jpg (7.92 KiB) Viewed 459 times

[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.


0.png

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/