Back to www.cobrasmarketview.com

12/11/2023 Live Update

Post Reply
User avatar
Cobra
Site Admin
Posts: 59867
Joined: Sat Feb 12, 2011 10:29 pm

12/11/2023 Live Update

Post by 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.
================================================================================================================================

Kind of bull flag overnight so bias is up.
Attachments
0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
JFR
Posts: 10524
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/11/2023 Live Update

Post by JFR »

ES daily.

No man's land. A doji.

Stuck in this range forever.

Needs a breakout, unless traders enjoy endless fades.

2023-12-11_05-55-42 doji.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10524
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/11/2023 Live Update

Post by JFR »

ES 60 minutes.

Stuck between 4610 above, and the EMA 20 below.

2023-12-11_06-10-04.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10524
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/11/2023 Live Update

Post by JFR »

ES 5 minutes.

Chop. Chop. And more chop.

Maybe the opening bell will break it open.

2023-12-11_06-11-51.png
Charts posted are not recommendations. They are just a sharing of information.
Trades w 2 Cats
Posts: 1931
Joined: Tue Dec 15, 2020 3:48 pm

Re: 12/11/2023 Live Update

Post by 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!
User avatar
Cobra
Site Admin
Posts: 59867
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/11/2023 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 59867
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/11/2023 Live Update

Post by Cobra »

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

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 59867
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/11/2023 Live Update

Post by 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? :shock:

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 59867
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/11/2023 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
JFR
Posts: 10524
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/11/2023 Live Update

Post by JFR »

HD. NKE.

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

Not recommending, of course, just sharing information.

Back later ...

2023-12-11_09-20-12.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Cobra
Site Admin
Posts: 59867
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/11/2023 Live Update

Post by 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.
Attachments
0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
BullBear52x
Posts: 29912
Joined: Tue Feb 22, 2011 3:47 pm

Re: 12/11/2023 Live Update

Post by BullBear52x »

Swing setup: no change, buy, dip will be bought.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29912
Joined: Tue Feb 22, 2011 3:47 pm

Re: 12/11/2023 Live Update

Post by BullBear52x »

Intraday: same playbook different day, find excuse to buy.
Attachments
2.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29912
Joined: Tue Feb 22, 2011 3:47 pm

Re: 12/11/2023 Live Update

Post by BullBear52x »

Internals, no sign of new change, end of the day will be the final reading, for now, bulls are marching on. Peace!
Attachments
3.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades w 2 Cats
Posts: 1931
Joined: Tue Dec 15, 2020 3:48 pm

Re: 12/11/2023 Live Update

Post by Trades w 2 Cats »

MES 12-23 (800 Tick) 2023_12_11 (10_58_30 AM).png
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.
User avatar
Cobra
Site Admin
Posts: 59867
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/11/2023 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 59867
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/11/2023 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 59867
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/11/2023 Live Update

Post by 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

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply