Cobra's Market View

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The pullback so far looks like a bull flag so probably will be bought.

ES daily.

"Off we go into the wild blue yonder, way up high, into the sky."

Be careful.

Testing new high.

ES hourly.

55 point move up, or thereabouts.

$2750 for one contract.

Ooh, missed it. Regrets? Nope. I was sleeping, without audio alert.

Sometimes I trade the midnight hour, not this time. I was out, and then I was sleeping.

Regrets get no reward from the universe.

Plus there is always another bus coming along.

ES 5 minutes.

Very nice move.

Good to see the market so active, and holding a trend.

We will see what the day brings.

ES 5 minutes.

Very strong move down.

The bears are awake and making their views felt.

I don't really like it. I would rather a one sided market, at this time.

Of course, there will be fades available.

The pullback probably will be bought but it could be just a lower high, say, 51% chances.

Now maybe 60% chances of a lower high. Another possibility is it's a 2 legged pullback will rebound in the afternoon.

The SPY gap at 661.72 was filled pretty quickly this morning. It’s time for the bulls to step up if they want to keep this thing going.

Bulls not giving up this fight so easy. If we see renewed strength into the close, bears should be careful for the next few days. These things can start sprinting upwards.

Breakdown is more likely and for real this time.

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