Cobra's Market View

double-top target met (purple boxes) 5min

Classic down trend day. will it last? that is a question.

Roller coast show in 2 minutes. The chart looks like is about to rebound though.

The initial reaction usually is the true direction.

Crazy. Usually up in the minutes after Powell Fed releases.

Guess they're showing two rate increases by end of 2023. Thats your initial sell off

BullBear52x wrote:Down side eyeing 4192ish.

TAKE A FRIGGIN' VICTORY LAP!!!

QED wrote:

BullBear52x wrote:Down side eyeing 4192ish.

TAKE A FRIGGIN' VICTORY LAP!!!

Lucky, it's just a V-POC number nothing special.

Banks seem happy

presser 2:30
https://www.youtube.com/watch?v=ZmqH8GnuJfM

Rates unchange, deflationary in term of monetary. Macro.

pay people to stay home better than they get paid on their sheeeety jobs, now we will throw them back to their sheeety jobs with same pays. good luck with that, more and more restaurant is closing down due to no cheap labors.

OK enough for my FA rants.

double bottom, the low might be in. There should be a pullback later before the close because FOMC day usually close weak.

I got 66 trackers, now none of my charts site working from this terminal.

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