Cobra's Market View

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This bear shall have legs.

Gap play, so far it's gap and go!

Daily trend following setup: we are entering buy the dips zone (RSI >30 = trigger buy) Patience for daily entry.

Intraday: Bearish bias, RED line is clear, doesn't look like the buyers are scare from the bottom.

Strong breakout of the EMA20 then we may have a higher low, key time.

will the bulls run? do or die channel for them. it's Friday, Peace!

Revisiting the day low, it's time to see whether bulls can make a double bottom. I think bias is down, could be at least break the day low.

New low as I said. Don't know whether the current rebound means the low was in or not. My guess is we're in a range, the rebound is just to the range high which is the blue line above.

ES hourly.

Down and down. Turn or continue trend down. Need more proof, more candles.

Room for one more push down?

ES 5 minutes.

Pretty solid support level.

If it breaks down below 6240, look out. ''Look Out Below.''

Have a good weekend Everyone.

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/ ... /533449377

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/ ... /533449377