Cobra's Market View

The Apes all go nuts when odd things happen like:
The CEO of AMC on a zoom this morning “accidentally” revealing that he’s wearing no pants.
One of the leading Apes interviewed by Andrew Sorkin on CNBC this morning, sounding quite credible as Andrew tries to disparage him.

from Tic on his Periscope channel before the open
Trade plan 6/4/21:

1. Tic Toc Orderflow Pivot (TTP) is 4180.25

2. Wanna play long side if open/offer above TTP, target is 4221 followed by 4238.75

3. Upon offer/open below TTP , I wanna look for shorts , targets 4150

Cats, is that a subscription service now? Tic...

Small drop, see how much of a pullback we get....

No he is free. Ran into him on Twitter ( emini tick @tickTocTicK 73,000 following) He is still there but has added Telegram channel as Orderflow. Telegram has 23,000 subscribers. He is now offering a paid service with mid day updates as well. He is a bit crude so be warned.

Looking like lower edge of the big channel could be tested.

The very first test of EMA20 in 2+ hours, watch for EMA buy setup which sometimes is only good for a scalp though.

Some leaders on the Dow.

Big channel holding so far.

I see cup with handle instead of double top so breakout should be more likely.

It has been making then handle of the cup with handle pattern so breakout is more and more likely.

from Squeeze Metrics on twitter today-

For those who are interested in such things, today actually featured a gamma slip 'n slide between 4150 and 4225, hence the 4150 bet.

This means it's very easy to move [quickly] between these two levels today, but not so easy to move past them.

Big trend still looks good.

No longer looking good. Could be 4230 is a line too far.

The pullback probably will be bought again.

Cats, it looks like it is going to try to make one more push up!!

Somebody needed it to kiss 4230 before New York hours were over. Will tune un after Asian open to see if they add on or sell off.