If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to cobra@cobrasmarketview.com.
Double top or not, wait and see. Maybe we're in a range, we know the rang low, right now is trying to determine the range high.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
1) Nothing new since yesterday
2) Gap needs to be filled at 397 (roughly 3,970 SPX) at minimum so there is still upside possible but the market is trapped between 2 gaps
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Al_Dente wrote:First time all year that long treasuries TLT are worth a look
The attachment Screenshot 2022-07-06 063535.jpg is no longer available
I have messed around in TLT in recent times and can't figure it out. Fortunately recouped losses. I think it's goes lower. But maybe a slight bounce for now?
1) Bearish moon cycles suggest bulls might not have legs until early to mid next week
2) Bears should not expect significant downside if it does happen
3) Bulls can take comfort! Markets have rallied after all Fed decisions, so time wise there isn't much room for bears to move.
4) Oil is crashing which means an end to rate hikes and high inflation
Back test the breakout point so probably the pullback would be bought. Nowadays any days related to FOMC were up.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.