Cobra's Market View

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Higher low so the pullback was over?

I think I need to start playing more chess

This rip will be sold. first thing first. same playbook, different day.

Ai, Algo...whatever, first thing first, you do you, they do them.

New sell, new box, make or break.

On the 6th day, the rejection at the high just cannot hold up any more. back inside the safe space.

Peace!



see you next week.

This bear shall have legs.

ES daily.

Hey, I just woke up. What did you guys do to the market? Ha ha.

Aiyahh. Big dive. 6800 down to 6640.

Some of the big players getting panicky? A news item? I have not checked.

No matter. It's just another chart, bringing some bargains into play.

ES hourly.

Free fall.

Finding some support.

Trying to form a bottom.

ES 5 minutes.

Very nice move down. I missed it. No worries.

Catch the next bus ...

Panda master Wu looking for subscribers on X has pointed out a fun fact. If you assume the dip buyers will not succeed before Monday then a chart of the Mag 7 could form the dreaded island reversal pattern. However, given the track record of buying the dip it tech it seems more of a speculation.

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