Cobra's Market View

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Double top or not, wait and see.

ES daily.

Wide trading range.

At the top of the range, failing to breakout a number of times.

Riding the 6015 resistance level.

Touching down on the EMA 20.

My bias is still up, but that can change in a hurry.

ES 60 minutes.

Bumpy ride on the hourly, favoring the bears.

Up. Down. Rinse and repeat.

Getting a liftoff from the Pivot.

ES 5 minutes.

As the crow flies, it's on the way up.

Level to level.

ES 5 minutes.

Trying to breakout.

This rip will be sold.

2,000 tick primary bars (the big hollow ones) touching the 21 EMA for the third time. Challenging 6100 level on the Aug contract.

Breakout above 6,100 lets see if it holds.

The pullback has been slow, probably will be bought. May reach EMA20 below first?

New sell new box. make or break.

Slow steady in the channel, mostly. Lots of overlap, so not a strong move.

Intraday: new swing high, it is bullish bias, couple of support to keep the buyers stay in. transitional junction. anything goes....

Don't know whether the rebound means the low was in or not.

Possible lower high then?

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