Cobra's Market View

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to cobra@cobrasmarketview.com.

===============================================================================================================================

Consecutive bars with long upper shadow so maybe a pullback here first which likely would be bought.

I see 3 push up and here's the usual pattern thereafter: a little bigger pullback should be due sometimes later. So far it's a range day, take the time to relax.

Looks more and more like a 3 push up so dashed blue lines are what usually would happen. This is my last update for the day, will be back around 6 pm. It's and will be a boring day anyway.

ES daily.

Recovery underway, after the pullback.

Helluva good candle yesterday.

OHLC all up today.

Holding its position above the EMA 20.

Eyes on the top.

ES 60 minutes.

In a trading range all day.

Trying to poke its nose above resistance.

A pause before further move up? Maybe.

ES 5 minutes.

Choppy.

But trying for a breakout.

Swing setup: no change, dip will be bought. same playbook different day. Intraday: new swing high, it is bullish bias. Internals: mixed signals. so far bulls managed to closed with bullish bias by the closed. Peace!

Bonus charts: No Fear, No Bear!.....Fear not, bears are back in hybernation early this year. Look at seasonality history, sell in May and go away were not working since 2020. and now lets look at the September, so far the last 3 September were not as strong. will see what this year will bring?

ES 5 minutes.

Breakout.

Have a good afternoon.