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].

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

Higher low or not, wait and see.

Resting day for tomorrow or continue to new swing low? looks like we will open insid day on the lower side under 38.2%. leaning bearish. but I don't see much action, be nimble.

Simplify, not looking good here.

Swing setup: this rip will be sold.

My feeble attempt to focus on a larger picture. Which is saying 2nd verse same as the first

So waiting on the Fed

Looking out to Fed day this seems to be a consensus wave count.

If there will be a good news from the Fed, this sell should fail. if not, you know the routine. first thing first.

This is a very traditional 15 minute chart with Linda Bradford Rashki's modified MACD and a standard RSI.

Makes it really clear where the range is waiting for the Fed. The hard part is what are the algos being programed for. We all know it is supposed to be a cut but what will make the hedge funds buy?

Standard 2000 tick trading chart without the clutter. ATR in ticks and average bar time in seconda both showing market going to sleep. Gives me low confidence in this breakout.

Consolidation, breakout on the upside is more likely.

Everyone are hedging to the yang yang, SKEW out of the money put is expensive, fear is picking up (VIX), VVIX; VIX volatility is up, CPC is up, this is not the time to be bullish besides day trade. PERIOD.

Intraday: Volume profile, it is balanced, sell at the VAHigh and buy at the VALow and now sitting at POC. text book as it can get. over all, range day it is......Peace!

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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/ ... /533449381