11/18/2021 Live Update

[Cobra]

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Lower high or not, wait and see.

Gap up above the yesterday's high so it could be a trend day either up or down.

[BullBear52x]

I see it as inside day. from Tuesday.

[BullBear52x]

no man's land, until it breaks out above 61.8% or below 38.2%

[BullBear52x]

Here is easy way to see a concept of fib measurement on the inside day during this consolidation phase.

[Cobra]

Members only update at 10:08 am
http://www.cobrasmarketview.com/2021/11 ... ay-update/

[BullBear52x]

Bears are now earning sell coupon on both 1 and 5 min.

[Al_Dente]

Recall the "TYPICAL NOVEMBER" Almanac chart that I posted a while back
FYI, today is day 14
https://jeffhirsch.tumblr.com/post/6670 ... ning-tepid

[Cobra]

The rebound means it's just a range day, and now we know where the range low now is.

[BullBear52x]

Swing sell setup. same playbook.

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2021/11 ... ay-update/

[BullBear52x]

Too strong intraday for bears. 1 min sell failed and now the 5 min. sell also failed. bulls regain both buy dip coupon in the same day, Wow, this is something. new ATH is what market have in mind?

[BullBear52x]

Looking up now. lets go bulls. support dead on the mark, too bad my trend following didn't allow to buy at that point, chase her up now.

[Cobra]

Decisive breakout of the day high so this bull shall have legs (means the pullback would be bought) instead of a range high (which means the pullback won't be bought)?

[BullBear52x]

back inside no man's land, last buy today, if bulls can not pull this one up and out, we are going no where today.

[Cobra]

The pullback was bought but it's a lower high so it's still a range behavior. Now we may had the lower high (red arrow) therefore now is seeking the range low?

[BullBear52x]

it wants to go up,

[Cobra]

Double bottom. It's still the pullback was bought, just the pullback was 2 legged so now the 2nd leg was over therefore it'll go up to a new high?

[Cobra]

Members only update at 3:10 pm
http://www.cobrasmarketview.com/2021/11 ... ay-update/

[Cobra]

Members only update at 3:22 pm
http://www.cobrasmarketview.com/2021/11 ... ay-update/

[Cobra]

I'll have to leave the market earlier today so this is my last update: So far the double bottom call was valid, I expect a higher price from here.

Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread after the close.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449397