09/26/2022 Live Update

[Cobra]

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Bear flag? Or double bottom (red arrows)? I read it as a consolidation therefore bias is a little bit down.

[JFR]

SPY daily. Prior to the open. The low on June 17 was 360.69. Price is just above that now, at 367.95 in the premarket.

[JFR]

ES 60 minutes. In a range since Sunday, beneath the Pivot, and above 3660.

[JFR]

ES daily. Tons of pressure down. Price is looking for support.

The low of June 17 was 3654.50. It has not been taken out yet.

[BullBear52x]

Same playbook here, buy above 61.8%. bullish development today is $CPC is now under 1. bullish bias. the question now is can we breakout of Friday's range high?

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2022/09 ... ay-update/

[merryme]

5 min bullish "V" bottom. Most likely will see some retests. I put upside trades on.

[merryme]

Old lines still working.

[BullBear52x]

Reversal candle tracker. well, one day doesn't make a trend. just a heads up!

[Cobra]

Breakout to the new day high here in the next couple of bars will be an early sign of an uptrend day.

[BullBear52x]

What I am watching for today is $CPC needs to stay below 1 to be bullish. inside day is still in play, a bullish or bearish Harami candle still remain to be seen depends on a closed. too early to be overly bullish.

[JFR]

ES 5 minutes. The bulls showed up today. Now price is pushing down beneath the Pivot to test the EMA 20.

[BullBear52x]

Very weak market, last buy, below 38.2% bears will be back in full control. so....no failure here for bulls. lets go!

[BullBear52x]

Failed, at this point I will be looking to retest overnight low or Friday's low. Bulls will have to try again harder. once $CPC is back above 1, there will be more pain to the buy side.

[Cobra]

Testing day low which happens to be at Fib 61.8%, let's see if bulls can make a double bottom. I doubt though.

[brokebybernacke2]

4 targets:
3592 - best for a bounce, iffy for a low.
3213 - best for a low esp. if it can come sooner vs later.
2962 - likely will happen if 3213 does not bounce hard up up up.
and...
1985 %&^ hits the fan, cower in the corner target.

Have a good week.

[merryme]

Anemic Volume so far.

[jademann]

Lesson 3 of 100, never short a dull market, especially when oversold.

[Cobra]

Members only update at 12:18 pm
http://www.cobrasmarketview.com/2022/09 ... ay-update/

[Cobra]

I see diamond bottom as continuation pattern.