Cobra's Market View

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Higher low or not, wait and see.

Swing setup: last buy failed, new sell, new box, make or break. same playbook different day.

15 MINUTE CASH MARKET SAYS WE ARE STILL STUCK IN THE LOWER PART OF THE 2026 RANGE.

My more or less tick version of the 5 minute says we can't put two days together into a trend. Great time for day trading not so hot for position trading.

When you have >50 points open range under 38.2%, it's more likely we will go no where for a while.

It's a measured move up. Pink area is the 100% text book target.

Yawning, Zzzz.....If it's boring and you are still in the money day trade, you're doing something right.

weak sauce, a lot of overlapping, 3 push up in the work or close to the end?

Pretty obvious three high volume nodes today, Now the question becomes will the red green alternating days continue or will NVIDIA Wednesday break the pattern?

Possible head and shoulders top (red arrows), say 51% chances.

6900 Peace!

I'll take Mean Revision to 6900 for $50 Alex.
Oh it's the secret square!

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