Cobra's Market View

ES, Text book trend following, sell 2x top. beautiful setup. this is "A+" moves. and losing money? no way

GLD, CCI is where the money is, MA resistance in near term but if CCI made pass center line (0) watch she flies.

ES, MA support, greed kills. see you tomorrow. Peace!

Got my new indicator working. Counts Al Brooks style second entries, red for shorts, green for longs. You have to decide if they are tradable, it just shows them. As BullBear said, a good day for price action traders. But I still have to wash my trailer.

Whoops, this is the correct file.

Back at the desktop. SPY 5. Quiet day on the chart. Lack of spikes, lack of chop. Some nice, clean moves, small bars. Was able to play some stocks in the first hour. Hunting now again, but things are usually much slower after the first hour.

Possible double bottom, maybe the pullback was over.

Some Dow stocks doing well today. Later ...

LABD
SERIOUSLY ??
2.5 MILLION SHARES traded so far today, and it trades with gaps like this on the ONE MINUTE CHART
If that isn't a squeeze i don't know what is

the top performing sectors today are the FOUR HORSEMEN

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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/ ... /533449387