Cobra's Market View

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The pullback probably will be bought.

Small gap down, within the yesterday's range so likely it's just a range day.

SPY 15. Very close to yesterday's close. Easier transition for the indicators. Ready for some trading, if I can force myself to the trading room, and the desktop. Ha ha. Feeling lazy. (From the tablet)

SPY 5. On an upswing at the open.

Sell day again based on $VVIX and CPC

ES daily. Above the EMA 20. Moving back to the top.

5 DMA support, see 5 min.

SPY 1 minute. Beware the chop at the open. Not nice.

It will be very bearish if market trades under yesterday's low. Bears need that. if not it will be bullish for Friday still.

From AutoChartist. GBP.USD.

Not liking the chop in the stock market. Taking a break ...

SPY 5. Chop. Chop. Later ...

[I am not able to reproduce/confirm this signal]
"A Buy Signal That Has Never Failed"
https://www.sentimentrader.com/blog/a-b ... 1366687428

They don't make it easy for bears. no buy for me. got my pivot to tell if bears will have a chance. will sell under 55 only, if so this time the 5 DMA will not hold.

Note:
MSFT gapped to ATH

The pullback means probably it's a range day. Now seeking the new range low. The breadth is terrible despite SPY and QQQ are up, don't be fooled by big guys, they just want you to believe that everything is fine but look at the stocks you have, are they up like SPY and QQQ?

Note
SBUX
ATH
ahead of earnings (next week)

ORCL
ATH

NKE
ATH

Some support here, let's see whether our new range low is here or not.