Cobra's Market View

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Bias is up.

Swing setup: New buy, new box, the way the futures are trading,it is very bullish and regains the price above 5 DMA.

Intraday: same playbook, let the FIbbo guide, looks to open above 61.8%. back inside the No man's land (Chop) or moon we go?

Looking back at H&S. Topping is process, so.....let see how we playout in a day or two.

Bullish on AAIIBULL, then and now. Moon.....

Consolidation, breakout on the upside is more likely which if indeed then it's an early sign of an uptrend day. Will need go out so will have no update until perhaps before the close.

Intraday: inside day, anything goes....same playbook different day. Peace!

Swing sertup: another buy triggred. new box, make or break, until then.........BUY

Right before I will call it a day. the buy signal came in. first thing first.....5 min. ATR = 11, it's volatile, 2 ATR = 22 points. that's a lot.

ES daily.

After months of a steady bull trend up, we have had 4 days of extreme chop.

Uncertainty, but with very willing players, both bulls and bears.

ES hourly.

Sideways since Sunday.

ES 5 minutes.

One nice bull move and one better bear move.

Very clean.

Not many stocks coming up on scans at this time.

But, there is gold.

Changed my tick count to adjust to yesterdays volume.

Came close to forcing a change in wave count but it failed to break out so still in an overall down move. So todays high looks like the top of a 2 up. But who knows what the White House will say next.

wave 3 like move, oys....sorry bulls. Buy failed, Peace!

Pretty clear what Bears need to do to clarify the down wave count. Also obvious what the Bulls need to do.

Good rebound so maybe the low was in for today.