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02/12/2024 Live Update

Posted: Mon Feb 12, 2024 9:57 am
by Cobra
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Consolidation overnight so breakout on the upside is more likely.

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 10:13 am
by JFR
ES daily.

Pause at the top.

Edge to the bulls. But the bears are watching for any sign of weakness. Ha ha.

2024-02-12_06-12-02.png

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 10:15 am
by JFR
ES 60 minutes.

Trading range. Over 15 hours.

Needs a breakout or a breakdown.

2024-02-12_06-14-27.png

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 10:16 am
by JFR
ES 5 minutes.

Chop from hell.

Like a washing machine.

2024-02-12_06-15-54.png

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 10:24 am
by JFR
OK, one reference to the Super Bowl.

Missed most of it, even though at one time I was a huge NFL fan.

Long time 49ers fan. Bill Walsh. Joe Montana. Steve Young.

But Patrick Mahomes just will not let his team lose. Rivals Tom Brady and Joe Montana for the best QB ever. And Brock Purdy ain't no slouch.

2024-02-12_06-26-29.png
2024-02-12_06-26-29.png (172.6 KiB) Viewed 1477 times

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 11:02 am
by Cobra

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 11:56 am
by Cobra
No sharp pullback in the next couple of bars then it's an uptrend day.

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 12:33 pm
by marcueus2
So guys will we get SPX 5500 by the end of the february ? This market is a joke and it is all thanks to Powell stealth QE ...

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 1:03 pm
by JFR
AIQ. An ETF.

Helluva good chart since November.

Not recommending of course ...

2024-02-12_08-55-31.png

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 1:04 pm
by Cobra

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 1:06 pm
by Cobra
The pullback so far looks like a bull flag so bias is up.

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 1:08 pm
by JFR
ES 5 minutes.

Fades in the range.

Breakouts, level to level.

2024-02-12_09-07-38.png

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 2:30 pm
by Cobra
Some chances of double top here.

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 3:57 pm
by Cobra
Revisiting the previous low, now let's see whether bulls can make a double bottom here.

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 4:42 pm
by Cobra

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 4:51 pm
by Cobra

Re: 02/12/2024 Live Update

Posted: Mon Feb 12, 2024 4:52 pm
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