02/22/2024 Live Update

[Cobra]

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Testing the previous high, break should be no problem, may consolidate or have a little pullback first though. Overall, this bull shall have legs.

[BullBear52x]

NVDA is now officially the new $SPX

[BullBear52x]

By the rule, this rip is a sell, first thing first.

[Cobra]

Members only update at 10:06 am
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

Consolidation, breakout on the upside is more likely.

[JFR]

ES daily.

Right back to the top. And I missed it. I was tempted to fire up the computer before I went to sleep. Nope. Ahh, no worries.

But it was a move from 4960 to 5080. Aiieee Yahh. Who cares? It's only money, right? Ha ha. Yes, and the markets are the biggest game out there.

Just having some fun, after waking up.

[JFR]

ES 60 minutes.

The move.

From S1, through the Pivot, through R1, and through R2.

4960 to 5080.

On a pause now.

[JFR]

ES 5 minutes.

And another pretty good move since the open as well.

5055 to 5080.

At $50 per point, for one contract, that is a cool $1250, for those that were on board. And not sleeping.

[JFR]

ES 5 minutes.

Trying for a breakout.

[Cobra]

Members only update at 12:47 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[JFR]

WFC. Wells Fargo.

Founded in 1852. HQ in San Francisco, CA.

Very nice move up since November.

A quick view of its financials shows lots to like. Solid not spectacular, and the market likes it. Not recommending of course.

Some attractive companies are showing up on scans, after the excellent move up.

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage products and services, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment offers banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment offers corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth & Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA. -- StockCharts

[BullBear52x]

Swing setup: this rip will be sold, same playbook, RSI<70 = trigger.

Intraday: gap and go, nothing bearish about it as long as we trade above the red line all the way today.

Internals: bullish bias, gap up gap down all around. market is not ready to land, hard or soft landing no one knows it's a blue sky up here. peace!:lol:

[BullBear52x]

A bonus chart: MACD is not bullish crossing just yet, for a strong and sustain new HH holding, MACD histogram shout be positive, it's not yet the case today. buyers need to keep buying and holding. wish you were in is better than wish you were out. caution!

[JFR]

ES 5 minutes.

New highs. Blue skies.

"To the Moon, Alice."

Back later ...

[theRASPYone]

Wow! A big loaf of BULL SHiT. It smells awfully stinky indeed.
Looks like 'Afternoon Wednesday Mayhem' is more ruckus
when Feds exert the mentioned rhetoric in 'After Hours Wednesday BS'.
Notes taken. AWM and AHWBS
Especially, with the FEDs beloved turd eye, one-eye monster. Crappy 'VIDA

[Cobra]

The pullback will be bought if not already.

[Cobra]

Members only update at 3:30 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397