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05/13/2026 Live Update

Posted: Wed May 13, 2026 9:18 am
by Cobra
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Double top or not, wait and see. Generally more likely it'd be a cup with handle, breakout has better chances than double top.

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Re: 05/13/2026 Live Update

Posted: Wed May 13, 2026 10:12 am
by Cobra

Re: 05/13/2026 Live Update

Posted: Wed May 13, 2026 12:11 pm
by Cobra

Re: 05/13/2026 Live Update

Posted: Wed May 13, 2026 12:11 pm
by Cobra
Haven't touched the EMA20 for awhile so this bull shall have legs.

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Re: 05/13/2026 Live Update

Posted: Wed May 13, 2026 12:33 pm
by Cobra
A sudden big bull bar after being up for awhile could be an exhaustion bar therefore a pullback might be due. The pullback if indeed likely would be bought though.

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Re: 05/13/2026 Live Update

Posted: Wed May 13, 2026 1:47 pm
by JFR
SPY 5 minutes.

Down a little, at the start. Reality check?

Up a lot after that. All aboard.

SPY.png

Re: 05/13/2026 Live Update

Posted: Wed May 13, 2026 2:03 pm
by Cobra
I see bull flag so far so bias still is up.

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Re: 05/13/2026 Live Update

Posted: Wed May 13, 2026 2:28 pm
by Trades w 2 Cats
ES 06-26 (10000 Tick) 2026_05_13 (11_25_52 AM).png
Riding the train, hope the bridge is still standing-

Re: 05/13/2026 Live Update

Posted: Wed May 13, 2026 3:39 pm
by Trades w 2 Cats
ES 06-26 (10000 Tick) 2026_05_13 (12_36_22 PM).png
Pretty clear that the party is at least on hold if not over. Crazy volume profile.Sure looks like a big chunk of today's gains could be easily reversed if the overnight news is negative.

Re: 05/13/2026 Live Update

Posted: Wed May 13, 2026 3:52 pm
by Cobra

Re: 05/13/2026 Live Update

Posted: Wed May 13, 2026 3:53 pm
by Cobra
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