Cobra's Market View

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Double top (red arrows) or not, wait and see. If it's a 100% measure move up then the target happens to be another previous high.

ES 5 minutes.

The market wants to go up.

But it is up against resistance.

It's a morning hourly filled black bar

New swing high, bullish so far. small gap and go?

VPOC sitting at 6885ish a continuation to fill from yesterday's move./ES

Ding ding ding.....85 it is.

This bull shall have legs.

SPY 5 minutes.

Breakout attempt.

Looking strong.

SPY 5 minutes.

Cup and Handle, breakout pattern from William O'Neil.

Needs a strong push, with volume.

SPY 5 minutes.

Backing off. Volume not strong at this time.

Up as long as the Algos channel can hold up. Peace!

SPY 5 minutes.

Forming a range at a higher level.

The bears are very much alive and kicking.

Back later.

Triple top has been rare so probably it's a consolidation even an ascending tringle so bias is up.

PAA. Plains AA

Oil stock on the move.

Not recommending, just sharing Information with Cobra's website.

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