Cobra's Market View

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Classical 3 push down (red arrows) then double bottom (green arrows) so the low might be in.

ES daily.

Inside candle, at the bottom of Wednesday's candle.

Beneath the EMA 20.

Moved down to the trading range that started in March.

ES 60 minutes.

Full day range on Wednesday.

Trying for a breakout above 5210, out of the box.

ES five minutes.

Nice move up starting 45 minutes ago.

All the way to the Pivot where it meets some resistance (on the 1 minute, not shown).

The indexes are up slightly this morning, just prior to the open.

See record high percentage, slippery when wet. PPI save the day from CPI?

ES 5 minutes.

Moving down beneath support line 5202 on my chart, and lower, down to 5188.

Back later ...

ES 5 minutes.

Bounce up off 5182.

Up to the EMA 20, where it finds some resistance.

The pullback probably will be bought. So far it's a classical down in the morning then up and up day. Now testing the day high so it's the bear's last stand here before it becomes up and up till the close day!

Swing setup: new sell triggered, new box, make or break. Intraday: inside day, no bias, same playbook, as of now it is leaning bullish above 61.8%. Internals: bearish bias. trade well, Peace!

All is well with me, but I am taking a break from blogging.

File this under just for fun department!

Clear breakout, guess bears are over for today.

JFR wrote: ↑Thu Apr 11, 2024 12:57 pm All is well with me, but I am taking a break from blogging.


360_F_97841905_XStN4H8pIklLeM0QaoM4bw938aghAcWX (1).jpg

Work life balance! catch the big one!, you need skill to fish, there is no skill in trading, Hahaha

BullBear52x wrote: ↑Thu Apr 11, 2024 1:16 pm

JFR wrote: ↑Thu Apr 11, 2024 12:57 pm All is well with me, but I am taking a break from blogging.


360_F_97841905_XStN4H8pIklLeM0QaoM4bw938aghAcWX (1).jpg

Work life balance! catch the big one!, you need skill to fish, there is no skill in trading, Hahaha

Ha ha. Work life balance is good. I always catch a fish, but from luck, not skill.

Hold down the fort, BB52x.