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 [email protected].

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

This bull shall have legs.

I’ll need go outside, can only be back in the afternoon, say around 2 pm, so will have no update until then.

ES daily.

It has broken out above the very wide trading range.

Very close to the all-time high of February, orange line.

Eyes on the top.

If it breaks out over the high, we are going: "to the Moon, Alice."

ES 60 minutes.

Moving on up.

Higher level.

Wide stair steps.

ES 5 minutes.

Uhh. The bears are awake. And with good reason. War. Tariffs. Flip flops at the decision level. Et cetera.

The bulls are riding their hormones. The bears are hunting for profits.

Not a clean rocket launch into the sky. Up and down.

Yesterday was a nice day for some daytrades on stocks. Does not look like that today.

To da moon....

So far it's an uptrend day but it's extremely overbought now so a pullback should be due soon.

How overbought are we? I am expecting a day or two sideways to down. releif rally pull back.

If bulls don't get their act together I would call this a failed breakout.

Should be support from VPOC at 6226 down to 6,222. If that doesn't hold it could drop hard and fast to the overnight VPOC around 6,210. Better known as air pockets

Swing setup: entering buy the dip zone, will see the next buy setup if it will be one today?

This bear shall have legs.

Intraay: new swing high it is bullish bias, lots of support yet. Trade well, Peace!

It did drop through that air pocket. Question now is will the overnight support hold or will it go for a gap closure and Monday beat down.

At this point reports are that OPEC is adding production while the US is now talking about not lifting sanctions.

Which channel breaks , 6218 tested 3 times or 6210 being tested for the fourth time ?

Bulls have an hour and a half to turn this around or we get tombstone Doji at a high.

As Ron Burgundy said "Well, that escalated quickly"

That’s a pretty nice beat down. Great call Cobra! Just want to say have a great weekend and love reading everything you guys are posting!

This is not good. White house going to have a great press release Sunday night or look out below.