Cobra's Market View

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Double top or not, wait and see. My guess is more up instead of double top.

Inside day open, inside the no man's land. anything goes, it's Friday.....quuick ins and outs.

Swing setup: bear got one sell coupon and we are entering sell the rip zone. this is the time when bulls will have to load up and up up up up

The pullback will be bought. This bull shall have legs.

Fearless market.

Volume profile bull bear line today is around 6375. Maximum pain level is 6350. Dealer pin around 6410. Dealers are in negative gamma, so bigger swings.

Waiting for all the pros to come up with a new wave count this weekend. Common count of an ABC down to a minor 4 is pretty much gone.

swing setup: new sell, new box, make or break. Stick to what you know.

/ES 6400 is a magnet, line in the sand.

Sell failed, oy.....a little volatile market we have. it's Friday. Peace!

You can see the problem, the count says time to go down but the market refuses. Maybe Monday action will clarify.

The pullback probably will be bought again.

Staying above the 2 day VPOC for now. Trying for the overnight spike.

Too soon to predict but it is the start of the topping process. At least on the super fast chart.

It's a cup with handle, breakout on the upside is more likely instead of a double top.

ES 5 minutes.

Up, and up, and up.

A good day for the bulls.

6415 mentioned by several this morning asa the target and I think a gamma pin for the options market makers. See if it holds on Monday.

Options are done for the day so down it goes.