12/12/2024 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 cobra@cobrasmarketview.com.

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

Lower high or not, wait and see.

[JFR]

ES 60 minutes.

Down. Down. Big ups yesterday.

No Man's Land.

[Cobra]

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

[Cobra]

Bias is up.

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2024/12 ... ay-update/

[Cobra]

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

[Cobra]

Possible higher low, i.e. the low might be in for today. Not very sure.

[Trades w 2 Cats]

Market needs to show us what it is going to do.

[Trades w 2 Cats]

Bigger picture using around 5 minute bars. Could easily continue down on Friday to shake out weak hands. Then happy Monday continue on up for Santa Rally.

[Trades w 2 Cats]

If the market is forming a larger ABC for my alternate wave 4 bottom or not. The end of wave 5 and wave 3 could get us right back to that big gap zone. The FOMC disappointing the market would be a very real possibility for that move. Regardless more volatility means more opportunity trading the fast charts!

[Cobra]

Probably more rebound.

[Trades w 2 Cats]

Not looking good for the primary, but up market MONDAY COULD SAVE THE COUNT.

[Cobra]

Kind of descending triangle so bias is down. The only problem is the close is near so anything could happen.

[Cobra]

Members only update at 3:35 pm
http://www.cobrasmarketview.com/2024/12 ... ay-update/

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2024/12 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397