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].

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

Lower high or not, wait and see.

SPY 5 minutes.

Mid-day runup yesterday.

Opening runup today.

Does that mean trend up day? Not necessarily in these volatile times.

I think people are kind of numb to the news these days.

Then bombing and drones strike, words are said at a press conference, and the world reacts, in oil prices and the stock market.

It is crazy volatility, but much of it can be played, by chartists.

This 7,.670 area has been an important level for several days. No idea what will happen.

Todays action looks positive. Will say the fast 2,000 tick chart is the one that caches all the action today.

With today's volatility the fast chart is very much drinking from a fire hose.

This bull shall have legs.

The pullback probably will be bought as it's the very first touch of EMA20 in many hours.

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397