Cobra's Market View

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Bear flag? So bias is down?

ES daily.

Day 2 of a pullback/pause after hitting a new high. Well above the EMA 20.

ES 60 minutes.

From R1 down through the Pivot.

In a trading range between the Pivot and S1.

Hanging beneath the EMA 20.

ES 5 minutes.

Chop. Chop. Chop. Ugly.

MRK sues the government because they don't want to slash drug prices.
https://www.cnbc.com/2023/06/06/merck-s ... tions.html

$3,499 headset
Here’s what everyone is saying:
https://www.cnbc.com/2023/06/06/apple-v ... aying.html

Measured move up?

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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/ ... /533449381