Cobra's Market View

Up 5 weeks in a row, the next week has 41% chances to close up, 72% chances to make a higher high.

So more up but the week may not close up eventually.

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...

No bear follow through as usual. Typically bulls would pretend nothing has happened therefore up and up, let's see.

Well, guess that's it for today. Here's what Tuesday 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/chartbook/533449...

Just as I suspected, it's a double top breakdown although happened much later than I thought. Typically most double top breakdown would be false though, let's see what about this time.

Revisiting the day high, usually I don't expect a double top but today, I don't know, wait and see.

Likely it's an uptrend day. If you need more confirmation then if no sharp pullback in the next couple of bars then it's an uptrend day.

It's a morning hourly filled black bar

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...

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...

Follow through wanted, just a single big down day doesn't mean anything. Typically bears simply cannot make a good follow through. Let's see.

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...

This bear shall have legs.

Generally I won't believe it's a double top here but let's see.