Cobra's Market View

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Watch for possible lower high or double top, I give them 50% chances.

Swing setup: we are entering sell the rip zone, I am with Cobra on 50% chance, that is really good odds for bears. Haha, let see how we start out today. the morning setup like this will be a good day for day trade, make or break. Lets go get them snakeville.

Overnight high again, day 2, will it holds? net longs overnight, pull back first then jam higher if bulls are to stay. today is the day, or turn around Tuesday we have.

The RED line to start out the day, this is not a guessing game.

Swing setup: new sell, new box, make or break. you know the routine, first thing firs.

It's a morning hourly filled black bar.

Not looking good for the bulls.

Plan your trade and trade your plan until you get hit in the face like Mike Tyson's quotes.

Clear message, this market is not going anywhere for now. Need earnings and Fed forecast before the big accounts start planning their trades. Tariff news seems to no longer have a lasting effect.

Intraday: bears can't relax until a trade <38.2%.

Yesterday bears were closed to have a bearish piercing candle, will today be it?

This bear shall have legs.

From bearish piercing candle staight to bearish engulfing, who could have thought.

Market profile, there's excess on the top. one first hour. this could be the start of somehting bigger. 100-300 points releif will be healthy, anything more will be something else.

EMA20 is the bear's last chance for another leg down. Generally should be another leg down.

Last down rotation was pretty soft.
Interesting that 6416 was the bull bear line a day or two ago on the volume profile analysis.

Down trend LL to continue or bear trap, this is very complex one, this is what I have for bullish channel or break back down to continue a down trend. in any cases, the day like to day, trade less is best, no over trade. I will sell one more time that will be it for me.

I will stick to 38.2% as a sell line here, go or no go then I will call it a day.