Cobra's Market View

Down 1 week, the next week has 60% chances to close up.

0.png DISCLAIMER: The trading log above is meant for myself only which main purpose is to help improving my market sense. My blah blah about how the market would go in the next dozens of minutes everyday in this forum, is a way to force me to focus on the market, because by speaking loud, if the pr...

No strong bear follow through as expected so likely we're in a consolidation phase (dashed blue lines which is just an illustration as more often it has a little bit down slope, i.e. a little pullbacks).

Well, guess that's it for today. Here's what Monday looks like: https://stockcharts.com/public/1684859/chartbook/533449377 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/chartbook/533449377

Not sure whether it's a double bottom or not, maybe 51%. Exceed the pink tinted area to confirm which is too late for trade though. For trade you'll have to always take some risks of course.

Maybe 49% chances of double bottom here.

The rebound probably will be sold if not already. The good news is, downtrend day not confirmed yet.

No sharp rebound in the next couple of bars then it's a downtrend day, key time.

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2.png DISCLAIMER: The trading log above is meant for myself only which main purpose is to help improving my market sense. My blah blah about how the market would go in the next dozens of minutes everyday in this forum, is a way to force me to focus on the market, because by speaking loud, if the pr...

Some chances of a lower high (red arrow) here, need a strong bear follow through tomorrow to add decent chances which I usually don't expect. More often it'd be meaningless up one day down one day, a consolidation here until perhaps FOMC, the next Wednesday.

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

Kind of descending triangle so bias is down. The only problem is the close is near so anything could happen.

Probably more rebound.