Back to www.cobrasmarketview.com

11/14/2023 Market Recap

Post Reply
User avatar
Cobra
Site Admin
Posts: 58702
Joined: Sat Feb 12, 2011 10:29 pm

11/14/2023 Market Recap

Post by Cobra »

Not a bad looking bull bar so more up. The gap is too large today so maybe, just maybe a pullback here first if bears are lucky, which I won't count on. Trading on the bull side needs just imagination, always think the impossible is possible then you'll be fine.
Attachments
spy.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 58702
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/14/2023 Market Recap

Post by Cobra »

2.png
Actually a range day after the morning up.

DISCLAIMER:

The trading log above is meant for myself only which main purpose is to help improving my market sense.
  • My blah blah about how the market would go in the next dozens of minutes everyday in this forum, is a way to force me to focus on the market, because by speaking loud, if the prediction is wrong, I'd be embarrassed, which of course I'd like to avoid as much as possible.
  • Day trading is not my strongest point. Just for the same pattern, it can repeat frequently on the 5 min chart while on daily chart it may take months to appear once and another month to know whether the idea of trading such a pattern is right or wrong THIS time, so practicing on the 5 min chart is a fastest way to learn to trade.
  • Day trading inevitably would have good days and bad days, it's a part of the game. If I always have good days, it means I'm either lying or already the richest person in the world (then why I'm still trading?), so please don't blame me for making any bad calls. The log is for myself only, not meant to be followed.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
marcueus2
Posts: 101
Joined: Wed Feb 03, 2016 1:54 pm

Re: 11/14/2023 Market Recap

Post by marcueus2 »

Cobra you are permabull right now, you even did not mention about possibility of exaustion gap :)
Check you post from october 2021 (same move now)
viewtopic.php?t=4253
User avatar
Cobra
Site Admin
Posts: 58702
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/14/2023 Market Recap

Post by Cobra »

marcueus2 wrote: Wed Nov 15, 2023 4:31 am Cobra you are permabull right now, you even did not mention about possibility of exaustion gap :)
Check you post from october 2021 (same move now)
viewtopic.php?t=4253
Volume not large enough.

Must think crazy otherwise you won't understand this bull.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply