12/11/2023 Live Update

[Cobra]

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Kind of bull flag overnight so bias is up.

[JFR]

ES daily.

No man's land. A doji.

Stuck in this range forever.

Needs a breakout, unless traders enjoy endless fades.

[JFR]

ES 60 minutes.

Stuck between 4610 above, and the EMA 20 below.

[JFR]

ES 5 minutes.

Chop. Chop. And more chop.

Maybe the opening bell will break it open.

[Trades w 2 Cats]

Roll week. Price Difference is 58 points on ES
Last week of serious trading before the winter holiday break Lets all have a good week!

[Cobra]

Members only update at 10:10 am
http://www.cobrasmarketview.com/2023/12 ... ay-update/

[Cobra]

Nothing to say, just a boring range day. Probably waiting for the Wednesday's roller coaster show.

[Cobra]

Right now the market is expecting rate cut in April next year and do not expect recession. So it means in April next year, the inflation is back to 2% and no recession but Fed would cut rate anyway. Honestly how is that possible?

[Cobra]

Members only update at 12:15 pm
http://www.cobrasmarketview.com/2023/12 ... ay-update/

[JFR]

HD. NKE.

Two stocks from the Dow 30 have been doing very well.

Not recommending, of course, just sharing information.

Back later ...

[Cobra]

Testing day high, maybe 50% chances of double top here. Usually I'd say "I don't think it'd be a double top" so already a progress for bears.

[BullBear52x]

Swing setup: no change, buy, dip will be bought.

[BullBear52x]

Intraday: same playbook different day, find excuse to buy.

[BullBear52x]

Internals, no sign of new change, end of the day will be the final reading, for now, bulls are marching on. Peace!

[Trades w 2 Cats]

This is Dec contract.
Looking like we could be there for today. By posting this pretty much means a bit more up as market likes to make me look dumb. Anyways cannot find a news item for the hockey stick up move.

[Cobra]

Members only update at 3:35 pm
http://www.cobrasmarketview.com/2023/12 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2023/12 ... 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