Cobra's Market View

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3 push up (red arrows) then lower high (green arrow)? So a pullback here?

ES daily.

In the same trading range since December 14.

Looking for a breakout.

Could go either way.

Lots of push up.

But also after repeated failures to move up, it could move down in a pullback.

ES 60 minutes.

Ups and downs.

In a tight range now for many, many hours.

Riding the EMA 20.

[attachment=0]SPX.PNG[/attachment

Seems like it broke out of the triangle and back tested the upper line a few times. Just watching to see what happens...]

Triple top has been rare so probably breakout is more likely.

Migrate to new sever, so the site will be shut down at 12:00AM Dec 30, 2023

viewtopic.php?t=6072

Can it break the earlier high??

Noting to say, it's a typical holiday market: slow up and boring. Now it's a rising wedge testing the all time high, let's see any pullback which I don't expect.

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