Cobra's Market View

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Maybe a pullback is due.

Futures are bright , You got to wear shad.

A/D is bulls on................

Intaday: new swing high, it is bullish bias. looks like the range high on a bigger picture is the problem.

Revisiting the day high, 50% chances of double top.

To da moon Alice.

ES daily.

Day 10 in this trading range.

Difficulty moving up above the all-time high.

The bias is up, unless and until it breaks down, out of the range.

ES hourly.

Wednesday and today, up days.

From S1, through the Pivot, all the way to R1.

ES 5 minutes.

Choppy but playable for daytraders.

Up one level by 600am.

A good test down by 630am.

Up to another level by 700am.

Now breaking out at the top once again.

Very bullish, of course.

But has it run out of steam?

C Citigroup

Founded in 1812.

Headquarters in New York, NY.

I've posted its chart on here in January, February and May of this year.

Taking a break. Back a bit later ...

This bull shall have legs. I'm surprised as it started like a boring range day.

Testing day high again, now let's see whether bears can make a double top this time. My guess is a new day high to make a 3 push up pattern which if indeed I'll explain later.

New high as expected, so it could be 3 push up therefore goes as illustrated.

Kept making new high so this bull shall still have legs. Underestimate the power of bulls today.

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397