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].

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

Don't know whether the pullback overnight was over or not.

Pivot point.

Fearful market.

Red line, we are not there yet. /ES gap @ 6900 we will fill some time if not today.

Need break the pink area to signal that the low might be in or close.

well, what do you do bottom shoppers?

Revisiting the day low, let's see whether bulls can make double bottom.

Bulls trap, until the algos channel can breakout. Green line. 3 push down? ask Cobra.

Consolidation, breakdown is more likely.

A lot of overlapping, bulls are down but not out

Look at the bottom support today. dead on the MA (Mid band daily) keep it simple eh? Peace!

Sure is looking like an ending diagonal, but really we need to see if the lower trend line violation is just temporary or something worse.

This view does't look as bearish

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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/ ... /533449387