10/24/2024 Live Update

[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 [email protected].

===============================================================================================================================

The chart looks missing a revisit low to be a solid bottom. I've seen a V reversal many times though so not sure whether there'll be a revisit or not.

[JFR]

ES daily.

Inside candle.

In the same trading range for about 9 days.

Resting on the EMA 20.

Sliding down day by day.

Some danger for the bulls.

[JFR]

ES 60 minutes.

Big down on Wednesday.

Climbing back up today.

[JFR]

ES 5 minutes.

Moving up in the midnight hour.

Then a very long trading range.

Not much of an indication of direction, neither up nor down, imo.

[JFR]

Index futures and ETFs.

ES, NQ and RTY up.

YM down.

Not much movement so far.

The market seems to be holding its breath, pending the election results.

[BullBear52x]

Swing sell setup, entering sell the rip zone.

[JFR]

ES 5 minutes.

Fear and anxiety? For sure.

Back later ...

[BullBear52x]

Trading level, the different this time is there is red resistance arrows above.

[BullBear52x]

Intraday; inside day, anything goes.

[jademann]

Just for fun I asked copilot what is a fair price for SP500 based on historical pe. It said 3459. Have a go its fun.

[Cobra]

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

[Cobra]

It's a morning hourly filled black bar

[BullBear52x]

Chopfest as expected. coffee any one?

[BullBear52x]

Swing sell setup: new sell triggered, new box, make or break. stick to what works until it doesn't.

[Trades w 2 Cats]

Just for fun I asked copilot what is a fair price for SP500 based on historical pe. It said 3459. Have a go its fun.

Ask what it is without the Mag 7 stocks and I bet it is close to that level!

[Trades w 2 Cats]

Working on a rounded top.

[Cobra]

Members only update at 12:17 pm
http://www.cobrasmarketview.com/2024/10 ... ay-update/

[BullBear52x]

Hourly trend following using EIS bars assist: the LL and LH is clear, when is the next sell on this chart? look for the RED EIS bar for entry. this is most majority of traders will do. sooooo....no new sell until the red shows up. simple setup but too slow for me, waysssss too slow.

[Cobra]

Sounds like the low was in for today.

[BullBear52x]

Let look at the chppfest today: same Fibo but the Red line at gap open is the most importatnt for bulls, trade higher will kill the swing sell and bullish intraday. to the moon price action.