Cobra's Market View

So far looks like a bear flag.

Got shook out, dip will be bought, one more buy next setup before I call it a day. the shake out was strong enough and left me at the train station.

I am buying in again, one last time, a breakout to new HH, an up trend is possible. lets go bulls!!!

Holy Jesus, I am done. got stopped both times. Peace!

"and so markets just bounce back and forth between large options strikes"  … 4300 & 4400
“...  there is substantial downside support at the 4300 area which is a lower bound due to the large put positions below that strike
[Spotamma]

Testing day low, maybe it's the range low.

Of the aggressive sectors, XLC is the weakest
Click on "holdings" to see why (it’s overweight FB and GOOG):
https://www.ssga.com/us/en/intermediary ... r-fund-xlc

note URA

So it's a classic range day: up down, up down, now seeking the range low. Nothing to say. I was watching a film...

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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/ ... /533449381