Back to www.cobrasmarketview.com

02/12/2024 Live Update

Post Reply
User avatar
Cobra
Site Admin
Posts: 60091
Joined: Sat Feb 12, 2011 10:29 pm

02/12/2024 Live Update

Post by Cobra »

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.
===============================================================================================================================

Consolidation overnight so breakout on the upside is more likely.
Attachments
0.png

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.
User avatar
JFR
Posts: 10592
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/12/2024 Live Update

Post by JFR »

ES daily.

Pause at the top.

Edge to the bulls. But the bears are watching for any sign of weakness. Ha ha.

2024-02-12_06-12-02.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10592
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/12/2024 Live Update

Post by JFR »

ES 60 minutes.

Trading range. Over 15 hours.

Needs a breakout or a breakdown.

2024-02-12_06-14-27.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10592
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/12/2024 Live Update

Post by JFR »

ES 5 minutes.

Chop from hell.

Like a washing machine.

2024-02-12_06-15-54.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10592
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/12/2024 Live Update

Post by JFR »

OK, one reference to the Super Bowl.

Missed most of it, even though at one time I was a huge NFL fan.

Long time 49ers fan. Bill Walsh. Joe Montana. Steve Young.

But Patrick Mahomes just will not let his team lose. Rivals Tom Brady and Joe Montana for the best QB ever. And Brock Purdy ain't no slouch.

2024-02-12_06-26-29.png
2024-02-12_06-26-29.png (172.6 KiB) Viewed 1663 times
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Cobra
Site Admin
Posts: 60091
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/12/2024 Live Update

Post by Cobra »


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.
User avatar
Cobra
Site Admin
Posts: 60091
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/12/2024 Live Update

Post by Cobra »

No sharp pullback in the next couple of bars then it's an uptrend day.
Attachments
0.png

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.
marcueus2
Posts: 105
Joined: Wed Feb 03, 2016 1:54 pm

Re: 02/12/2024 Live Update

Post by marcueus2 »

So guys will we get SPX 5500 by the end of the february ? This market is a joke and it is all thanks to Powell stealth QE ...
User avatar
JFR
Posts: 10592
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/12/2024 Live Update

Post by JFR »

AIQ. An ETF.

Helluva good chart since November.

Not recommending of course ...

2024-02-12_08-55-31.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Cobra
Site Admin
Posts: 60091
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/12/2024 Live Update

Post by Cobra »


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.
User avatar
Cobra
Site Admin
Posts: 60091
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/12/2024 Live Update

Post by Cobra »

The pullback so far looks like a bull flag so bias is up.
Attachments
0.png

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.
User avatar
JFR
Posts: 10592
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/12/2024 Live Update

Post by JFR »

ES 5 minutes.

Fades in the range.

Breakouts, level to level.

2024-02-12_09-07-38.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Cobra
Site Admin
Posts: 60091
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/12/2024 Live Update

Post by Cobra »

Some chances of double top here.
Attachments
0.png

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.
User avatar
Cobra
Site Admin
Posts: 60091
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/12/2024 Live Update

Post by Cobra »

Revisiting the previous low, now let's see whether bulls can make a double bottom here.
Attachments
0.png

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.
User avatar
Cobra
Site Admin
Posts: 60091
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/12/2024 Live Update

Post by Cobra »


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.
User avatar
Cobra
Site Admin
Posts: 60091
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/12/2024 Live Update

Post by Cobra »


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.
User avatar
Cobra
Site Admin
Posts: 60091
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/12/2024 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374

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.
Post Reply