Cobra's Market View

UP 1 week, the next week has 55% chances to close up, 77% chances to make a higher high.

So more up.

SPY daily.

More than ''Three White Soldiers."

Very bullish.

Eyes on the top.

Many positive indications, except volume is declining.

ANF and DAL.

''How do you like them apples?

Very nice ''Three White Soldiers'' pattern for both, following SPY.

But, for this trader, their runs have hit up against resistance (not shown on these size-reduced charts)..

They need a pullback or pause, then breakout, for more proof of continuation.

For swing trade consideration on stocks like this, I can resist.

My temptations come more on daytrades and scalps, where the action is fast, the finger is on the BUY button, and you just want to jump in. If you are on top of it, but if you are not sure, choose to wait for a better opportunity.