Cobra's Market View

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I don't know the low was in or not, looks missing a revisit of the previous low though.

It's a morning hourly filled black bar

100% measured move down and faster so probably there's another leg down still.

Another 100% measured move down so likely still another leg down.

Swing setup: selling to continue, Buy/Sell until it fails, the principal of trend following. so far the sell hasn't fail just yet.

Intraday, down trend day and swing low continue, no sign of let go from the bears.

Overall, market is very oversold but no sign of reversal to call to. dip buyers will have to wait and see, while seller continues to have a good day. Peace!

ES daily.

Down once again.

At an important level of support.

ES 5 minutes.

Down beneath S1.

Another 100% measured move down, so likely still another leg down.

Wow, the low must be in for today.

If not because the close is very near now, the pullback generally should be bought.

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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/ ... /533449387