Cobra's Market View

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

• Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.

• Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.

• Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.

• I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to [email protected].

===============================================================================================================================

I think it's cup with handle, breakout on the upside is more likely instead of a double top here.

ES daily.

Onward and upward.

All-time new high.

ES hourly.

Gap up yesterday, unfilled.

It might look like 3 pushes up.

Time for a pause or pullback?

Lots of steam though.

ES 5 minutes.

A breakout 30 minutes ago.

Backtracking now.

Very solid support level being tested.

Errands to run, back later ...

Gap and no go? wierd, LOL

BullBear52x wrote: ↑Tue Oct 28, 2025 9:41 am Gap and no go? wierd, LOL

Come on 3 big gap up in a row, yet you still expected it to up and up? I think you're being sarcastic

It's a morning hourly filled black bar

Walter Deemer posted about the three gaps this morning.

"Famed market technician #PhilDGapp is flabbergasted to see third-day-in-a-row gaps this morning. $SPY would have to decline to 685.54 and $QQQ to 628.55 to fill them. How quickly they get filled -- if at all – gives us an idea of how strong the underlying trend is, although unfilled gaps at new highs are relatively rare. "

I am watching this like a hawk.

I checed the $SKEW curve, SPX max pain is still sitting at 7000 SPX. as we're approaching that level make sure you sit close to the door, don't leave yet but watch where the door is.

Maybe the low was in for today? The question is because sometimes there's a 3rd leg down to make a higher low or slightly lower low though.

Don't short a dull market. new swing high continues, it is bullish bias, currently we are still under the spelled of Gap and no go, so....buyers need to push up harder. doji or spinning top is in the card if not trade higher.

AAII Bull/Bear = Bearish. Alot of people are missing the boat or the majority of people just don't fall for this run up. any how, The doomsters are missing out. Haha

SPX 6900 atm. well, 100 points to go? tomorrow, the Fed will make sure of that.

Testing the day high again, don't think it'd be a double top here, more likely it's a cup with handle therefore breakout on the upside is more likely. This market is insane.

Finally make some senses, the market is way ahead. I thought people expected nothing but up.