Cobra's Market View

Up 3 weeks in a row, the next week has 54% chances to close up, 80% chances to make a higher high.

SPY daily.

Two-day pullback from the high.

For this trader the trend is still up, on a stair-step.

Climbing Jack's Beanstalk? Yeah.

The analogy of "climbing Jack's beanstalk" when applied to the stock market typically refers to a rapid, sometimes miraculous, but risky ascent in market value, often associated with speculation, potential bubbles, or a "get rich quick" mentality. -- AI Overview

"It is what it is Department" Keep it simple, only price pays! No Fear No Bear. Daily had a lower lows, as long as we continue to print a new swing low form here, it's down trend. no but or is about it.

Fearful market? it's at the border line once again. there is TA supports while the fear is popping up. warning of a slippery road ahead. Daily is on buy the dip.

Swing setup is on sell the rip, new sell new box, make or break. Intraday: new swing low, it is bearish bias until the market can print a new swing high or engulfing kind of price action. as we know, intraday can change on a dime, I'll let the Fibbo leads. it is what it is until it doesn't. sameplaybook, trade well. Peace!