Cobra's Market View

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In a range, no clear direction. Hmm, near the range high so maybe bias is a little bit down.

Pivot area.

Buyers are strong enough to earn a buy coupon, this dip will be bought. Until then.....first thing first.

Support (blue line) so maybe a rebound around here first then probably another leg down.

Intraday under 38.2% is nothing to be exciting about, will see.

Just a reminder that Wed after the close we get NVIDIA Show. So my guess is not much until that hits.

Possible exhaustion, so could be a rebound here first which likely would be sold later.

2026 range to reckon with. day traders' heaven.

Swing setup: buy triggered. new buy new box, make or break.

Volume profile forms acceptance down low, not good for buyers. down trend profile.

Classical revisit the previous low then rebound (double bottom), but I think it's not a double bottom because the previous rebound was weak, so needs a couple of rebound attempt before a bottom could be possible.

Well, bottom is in >80% chance. find excuse to buy it up. LOL.

Revisiting the low as expected, now let's see whether bulls can make a bottom here. I doubt though because triple bottom has been rare so likely it'll break the day low then we'll see whether it's a classical breakdown then reversal up.

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374