02/12/2024 Live Update

[Cobra]

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Consolidation overnight so breakout on the upside is more likely.

[JFR]

ES daily.

Pause at the top.

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

[JFR]

ES 60 minutes.

Trading range. Over 15 hours.

Needs a breakout or a breakdown.

[JFR]

ES 5 minutes.

Chop from hell.

Like a washing machine.

[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 (172.6 KiB) Viewed 1436 times

[Cobra]

Members only update at 10:01 am
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

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

[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 ...

[JFR]

AIQ. An ETF.

Helluva good chart since November.

Not recommending of course ...

[Cobra]

Members only update at 12:02 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

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

[JFR]

ES 5 minutes.

Fades in the range.

Breakouts, level to level.

[Cobra]

Some chances of double top here.

[Cobra]

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

[Cobra]

Members only update at 3:40 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[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