08/25/2023 Live Update

[Cobra]

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The rebound overnight might be sold? Why a question mark? Because admit or not, a bear call always has higher chances to be wrong than a bull call.

[JFR]

ES daily.

After a bullish marubozu, a big drop. Lower high.

Forming a base.

[JFR]

ES 60 minutes.

Big roller coaster drop yesterday.

Finding some support today, so far.

[JFR]

ES 5 minutes.

Climbing the wall this morning. Looking for a breakout.

[Cobra]

Members only update at 10:12 am
http://www.cobrasmarketview.com/2023/08 ... ay-update/

[te_fern]

Bouncing all over the place. Back down to yesterday's close...

[Cobra]

Testing the yesterday's low, let's see whether bulls can make a double bottom here. I'll need see 2 consecutive strong bull bars.

[te_fern]

Fell through yesterday's close. Trying to sit on my hands today due to the volatility!!

[Cobra]

Clear breakdown, this bear shall have legs then.

[JFR]

SPY 5 minutes.

Some clean moves today.

[Cobra]

The low might be in for today.

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2023/08 ... ay-update/

[te_fern]

A couple of trendlines the SPX maybe trying to run up to....

[Cobra]

Breakout of the blue line is more likely.

[te_fern]

This diagonal is proving to be resistance...

[Trades w 2 Cats]

There is a German language phrase I can't spell that means lots of noise but nothing happens.
This week has gone nowhere.

[Trades w 2 Cats]

Fourth touch of 4,000 since speech released.
If Bulls can't challenge speech high I am thinking they are hamberger.

[Cobra]

The pullback probably will be bought.

[Trades w 2 Cats]

Knocking on the door.

[Trades w 2 Cats]

Trying again. This will be third touch. 0DTE options about to expire.So open book on what happens next.