Cobra's Market View

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The pullback overnight for now looks like a bull flag.

It looks like we have moved outside of the trend.

Seems we have put in a top for now.

This bear shall have legs.

Lots of prior support in this zone.

Algos just got triggered

Thirteen points in less than a minute. Must be some traders with really good reflexes.

SPY 5 minutes.

Down. And down.

Then putting in a bottom.

Volatile, just like the geopolitical circus.

Hmm, this bull shall have legs. The low might be in for today although bears may get a higher low.

Well this has been interesting. 25 point swings both ways and yet we are sitting with VWAP and VPOC on top of each other It seems like every time it got ready to make a serious move something pulled it back to neutral.

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