Cobra's Market View

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Could be either a double bottom (red arrows) or a range (blue lines) here.

ES daily.

Status quo.

Resting on the March all-time high as support.

The bias is up, but sleeping.

ES hourly.

Up from a low earlier today.

Pushing up against R1.

https://www.cnn.com/markets/fear-and-greed

ES 5 minutes.

A slow, steady climb this morning.

Is that bullish? Well, it is the bulls trying to rev up action. Maybe they succeed; maybe they don't.

The bears are watching and waiting. It is a bull market.

Interesting day, Futures /ES, resistance here or never

Intraday: another inside day, anything goes, looks like da bulls want to gap above 61.8%. fear not, trade what's in front of you!!!! lets roll the dice.....Trend day is all it maters for day trade.

At the open, the index futures and ETFs are up.

Entering sell the rip on my swing setup, first thing first, this will be a good setup early in the day.

Swing sell setup: New box, make or break!

Intraday: new swing high, it is bullish bias, there will be a fight back here from bulls or not.....keep it simple. Peace!

Very technical market today honoring prior levels. Almost as if a machine were doing the trading.

This bear shall have legs.

Volume profiles tell the story. 6,270 will be the real test for the bears.

Market doesn't like uncertainty and it doesn't want to go down either. not gonna go, Haha Peace!

Should rebound to EMA20 from where we'll see whether there's another leg down which usually has.

ES 5 minutes.

Nice move up at the bell.

Liftoff. Right? Nope.

But nice clean moves for the scalpers and daytraders.

Yesterday's high looks like wack a mole game. Looking for FOMC minutes on deck as the next possible move.