Cobra's Market View

Down 2 weeks in a row, the next week has 63% chances to close up.

SPY daily.

In a very wide trading range.

Slipping down to the EMA 20.

Bias ... Heading for a fall? Could be. But the bulls are always there, looking for bargains.

Be careful out there.

Needs to break out, or it will head south.

And, the market is watching world events, tariffs and war.

Before the weekend is over, please take a little time to vote for Cobra, thanks: https://stockcharts.com/public/1684859/ ... /533449377

" It is what it is department" Are we there yet?, a daily trend following will buy next dip, but we are not there yet. Swing setup: rip will be sold. Intraday: Friday's closed with a negative price action. let the Fibo leads, keep it simple, it's a law of probability if you ever used TA to trade. Peace!

Bonus chart: longer term picture, where is the risky dollar at? Buy HYG and SPY, retired and go golfing are still a good strategy. once the HYG drop below 78.5 then....something will be very fishy. chart your trade and trade your chart.!!!