Cobra's Market View

WFC 5 minutes.

Was waiting for one of these, on one of my favorite stocks. It did not cooperate, up to this time. Ha ha.

Done for the day. Have a good one.

ES 5 minutes.

Heading back to the top of the range.

No fades for me today.

Later ...

ES 5 minutes.

Now testing through the bottom of the base.

Gawd. Range like behaviour.

ES 5 minutes.

Testing the top of the base again.

ES 5 minutes. Sudden move up above R1. Forming a base. For the market's next trick ... we will see. Looking to trade for about an hour. Scalps on ES of course, if I catch a move. And day trades on some stocks I am watching, again, if a move cooperates. Ha ha. Expecting a short trading day for me. An...

ES 60 minutes.

Moved up from a box on Tuesday.

Moved up from a very tight range this morning.

Through R1.

ES daily.

Moved up off the trendline.

Way above the EMA 20.

Eyes on the top, which is very close.

Bullish marubozu under way for today.

ES 5 minutes.

Very nice move up. 30 points.

I missed it. But who cares? Another bus comes along tomorrow.

Have a good afternoon.

ES 60 minutes.

Rocket ship, breaking out of the box.

To the Moon, Alice.

ES daily.

Bullish engulfing candle.

Sitting like birds on a wire on the trendline.

Well above the EMA 20.

Eyes on the top.

SPY 15 minutes.

Gap fill. Gap fill.

Playable as day trades, but no direction.

Dow 30.

About even between the greens and the reds.

Back later ...

Index futures and ETFs.

Two up. Two down. Although NQ, MNQ and QQQs are trying to turn down.

ES 5 minutes.

Down since the open.

Testing down beneath the Pivot.

Look out below.

Beneath the EMA 20.

ES 60 minutes.

Trading range since Friday.

Sitting on the Pivot. Danger zone.

ES daily.

Resting on the trendline, like birds on a wire.

Two dojis in a row -- indecision.

Low on April 19. Higher low on May 2.

Well above the EMA 20.

Eyes are still on the top.

Decent shape for the bulls, but the bears are making their presence felt.

WFC. Wells Fargo. Banking. Founded in 1852. HQ in San Francisco. I posted this one on here back in February of this year. Still doing well. Not recommending, just sharing information. Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and con...

Bias is up. Eyes on the top. Candlesticks show marubozus on the way up, and a hammer to start the move. EMAs 20 50 100 up, and in the correct order. MACD and its Histogram are up. Sto is maxed out, and yet to turn down. Price is pushing the outside of the envelope on the Bollinger. Economics, news, ...

All is well with me, but I am taking a break from blogging. 360_F_97841905_XStN4H8pIklLeM0QaoM4bw938aghAcWX (1).jpg Work life balance! catch the big one!, you need skill to fish, there is no skill in trading, Hahaha Ha ha. Work life balance is good. I always catch a fish, but from luck, not skill. ...

All is well with me, but I am taking a break from blogging. 360_F_97841905_XStN4H8pIklLeM0QaoM4bw938aghAcWX (1).jpg Work life balance! catch the big one!, you need skill to fish, there is no skill in trading, Hahaha Ha ha. Work life balance is good. I always catch a fish, but from luck, not skill. ...