Cobra's Market View

Down 1 week, the next week has 61% chances to close up.

4.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...

Good looking bull bar with long lower shadow and huge volume, so probably the pullback was over, the market will try to make a new high, at least trying.

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

Consolidation, bias is up.

KUBAN513 wrote: ↑Fri May 31, 2024 12:45 pm Have to tip my hat to JFR. His last pick that he did not recommend, nor did I jump on, was ANF.
Were's BB? He must be busy counting money. Hello Cobra and board members. I've been a long time
reader.

Welcome aboard!

Generally this rebound should be sold, need at least a higher low before bottom is possible.

Consolidation, bias is down.

No rebound in the next couple of bars then it's a downtrend 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...

4.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...

Break the blue line, bad for bulls but it's the very first test of EMA20 in awhile so could attract some buyers so cannot say the chart is bearish yet.

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...

Didn't expect this pullback, now testing day low, let's see whether bulls can make a double bottom.