01/17/2024 Live Update

[Cobra]

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Testing the previous low, let's see any rebound here.

[Cobra]

Members only update at 10:14 am
http://www.cobrasmarketview.com/2024/01 ... ay-update/

[JFR]

ES daily.

Still in the same trading range. Since mid-December.

Down to the EMA 20.

The trend up since November shows the power of the bulls.

But the failure to break out shows the power of the bears.

A breakout or breakdown is needed.

[JFR]

SPY 60 minutes.

Down. Down. Down.

All the way to S2, where it gets a bounce.

[jademann]

I shorted when I learned my colleague was let go. People are being let go quietly.
Also the FTSE was down almost 2% because inflation is not dropping.

[Cobra]

Members only update at 12:02 pm
http://www.cobrasmarketview.com/2024/01 ... ay-update/

[Cobra]

Here's the bear's last chances to make a 2nd leg down. So bar bulls are weaker than yesterday.

[BullBear52x]

Swing trade setup: rips will be sold, no new entry, same playbook, stay on the right side of the trend.

[BullBear52x]

Daytrade: new swing low, it is bearish bias, follow the trend.

[BullBear52x]

Internals: bearish bias, the selling of yesterday has a follow through, but the thief came at night. Peace!

[BullBear52x]

daily price action: today first RED elder impulse system bar, buyer beware, it's not the time to be a hero.

[Cobra]

The same as yesterday: two legged down then rebound perhaps till the close. A down from open to close day has been rare.

[Cobra]

Members only update at 3:30 pm
http://www.cobrasmarketview.com/2024/01 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2024/01 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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/ ... /533449387