01/31/2024 Live Update

[Cobra]

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Maybe it's a price channel, now testing the channel lower boundary so might rebound.

[JFR]

ES daily.

Pullback from the high.

Still well above the EMA 20.

[JFR]

ES 60 minutes.

Ups and downs, level to level.

Now forming a range between S2 and S1.

Testing the bottom of that range at S2.

[JFR]

ES 5 minutes.

A tall range.

Needs to tighten up. Needs to break out.

A number of tests at S2.

[JFR]

GWO.TO

Daily. TSE. Great West Lifeco.

Breaking out.

I posted this one on here in February and April of last year.

Just sharing information.

[JFR]

ES 5 minutes.

Pushing down beneath S2.

The bears mean business. Profit taking at the top, and short sellers.

Serious stuff? Maybe.

https://www.youtube.com/watch?v=Jmg86CRBBtw

As the roll call sergeant said: "Let's be careful out there."

[Cobra]

Members only update at 10:00 am
http://www.cobrasmarketview.com/2024/01 ... ay-update/

[Cobra]

Breakdown in the next couple of bars then it's an early sign of a downtrend day.

[BullBear52x]

Swing setup is entering buy the dip zone, one more buy before the all else.

Intraday: dead LL, nothing to see for bulls just yet.

[Cobra]

No sharp rebound in the next couple of bars then it's a confirmed downtrend day. So the current rebound might make the downtrend day less likely. FOMC at 2pm so unlikely it'd be a downtrend day anyway.

[BullBear52x]

Swing setup: new buy triggered, new box, make or break.first thing first.

[Cobra]

Members only update at 11:58 am
http://www.cobrasmarketview.com/2024/01 ... ay-update/

[Cobra]

We may have a double bottom here.

[BullBear52x]

Day trade made simple, The FED! the FED is coming.....

[BullBear52x]

Too weak, new intraday LL will take out the buy on the swing buy setup. so......we need a lot of Fed today. not looking good right now.

[Cobra]

Maybe now it's safe to say bias is down? I thought this market would never go down.

[Cobra]

Well, guess the low was in. This market only wants to go up.

[BullBear52x]

The V-6 engine is now running on 4 valves. magnificent 4 now.

[Cobra]

This is new. No trade on FOMC day rule saved me today (otherwise I'd be long when I called the low was in). Biggest red bar now so probably a rebound is due though.

[jaguar6992]

First reaction is the "true" direction?