Cobra's Market View

ES daily.

Second day sitting on the EMA 20.

And a doji once again.

The market needs to make up its mind.

ES 5 minutes.

Three moves up pre-open.

30 points.

1 contract.

$1500.

"Let's be careful out there."

ES 60 minutes.

Darvas boxes. Breakouts.

ES daily.

Monday morning.

Inside candle.

At the top of the previous candle from Friday.

Sitting on the EMA 20,

In the middle of the range that goes back through March.

Trading range fades and small momentum plays until it breaks out.

Hey JFR, love your post... this is a very confusing market right now!.. :? big picture 4 hour chart.png 8-) Thanks, koolblue. Most players have an opinion on the market. Otherwise they should not play. My opinions are not ''locked in.'' As a day trader they can change in a flash. I see you switched...

Opinion ... SPY daily. Bias is still up in my opinion. EMAs 50 and 100 up. EMA 20 flat, after 10 or 11 days in a base. Huge down candle with high volume on Thursday. MACD and STO down. Helluva move up since January. Why is my bias still up? Recovery day Friday, on a strong bullish candle, finishing ...

Gold is on a nice run up.

"There's gold in them, thar hills."

Dow 30.

The greens are taking it. Led by CAT CRM and MSFT.

INTC VZ and MCD trailing.

The indexes are all up so far.

ES 5 minutes.

Serious attempt to move above the base.

Darvas boxes.

ES 60 minutes.

In a lower base than yesterday.

Trying to breakout above the Pivot.

ES daily.

Inside candle.

Just beneath the EMA 20.

Above solid support.

XLE, the energy sector, is number one for the past month.

PAA and VLO are members of that sector, doing very well.

Sectors. One month Summary.

Back later ...

ES 5 minutes.

The bulls gotta run.

Resting on R2.

Looks bullish. But, don't go All In. Ha ha.

ES 60 minutes.

Moving up out of today's base.

From the Pivot.

All the way to R2.

ES daily.

Nice bounce up off the EMA 20.

Still in the trading range (for 10 days or so).

Moving up, range by range.

Darvas would be happy. Little boxes. Little boxes.

CAT. Caterpillar Vehicles. Founded in 1925. HQ in Irving, TX. Last posted on here on March 18, 2024. Very nice move up since January. Caterpillar, Inc. engages in the business of manufacturing construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and...

ES 5 minutes.

Nice bounce up, through the Pivot.

Back later ...

ES 5 minutes.

Testing down beneath 5246.