Cobra's Market View

Almost got me to double the CPUs. Thought it's the phpbbs problem because other web sites running on the same server run fine.

Someone kept traffic-ing this board recently which caused the board slow like hell. Blocked them now the board speed seems back to FAST. Will keep an eye on those traffic bot in the coming days...

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...

Three consecution small bars so maybe a pullback is due, maybe.

Well, guess that's it for today, here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/chartbook/533449374 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/chartbo...

Should be a rebound here first then we'll see, Not sure whether there'll be another leg down or not.

Lower high?

No sharp pullback in the next couple of bars then it's an uptrend day.

Consolidation, breakout is more likely which if indeed then it's an early sign of an uptrend day.

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Up 4 weeks in a row, the next week has 68% chances to close up, 85% chances to make a higher high.

So more up!

3.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...

marcueus2 wrote: ↑Thu May 16, 2024 4:45 pm

Cobra wrote: ↑Thu May 16, 2024 4:43 pm Finally a little red, however, in the past, the next day typically would gap above today's bar high and up and up. Let's see whether this time still is the same.


spy.png

NVDA earnings tommorrow, so gap up will be monday for sure

NVDA er is May 22.

Small bar so still could be a pullback here first which likely would be bought later though. In very bull cases, small bar serves as a continuation pattern therefore we could have a breakout Monday. So pullback or breakout, 50 to 50, no conclusion.

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