Cobra's Market View

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Generally should be another leg down before a bottom can be possible.

Overnight net longs inverntory got wiped out. daily STO under mid range very bearish.

ES daily.

Inside bar so far.

Well beneath the EMA 20.

ES 60 minutes.

Sharp move down on Friday, the 21st.

A strong bearish candlestick happening now.

And now it is testing the low.

ES 5 minutes.

Down. Down. Down. Into the depths.

Extremely bearish behavior since the open.

Still moving down, looking for a landing place, looking for support.

/ES 6000 round number, next stop will be 5947. if no support here.

DJT.

A little short sell opportunity that came up on a scan.

Possible double bottom, maybe the low was in for today. EMA20 now is the bear's last chance to make another leg down.

Intraday: bulls have something under their sleaves? it's not a bullish piercing candle until we can regain price above 61.8%, if so, by that time a daily trend following will also trigger buy. will see, it will be interesting transition day in multi-time frames views.

General pattern, so maybe a pullback is due soon.

Intraday: we have new swing low, it is berish bias, bearish consolidation atm. triangle is another chart pattern to trade with. Peace!

Not nearly enough up today to complete a higher level wave 2 up. Certainly does look like 6000 level has a tractor beam sucking the market back to that level.

Sorry, posted an older version.

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374