02/13/2024 Live Update

[Cobra]

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Let me guess, CPI must be down less than expected even increased? The significant part of CPI is salary which increases at 5% annually, how could the CPI reduces to 2% quickly? Anyway, I'm sure bulls will buy this "dent" right at the open...

[JFR]

ES daily.

PB to the Trendline.

EMA 20 just below.

[JFR]

ES 60 minutes.

Down through R1, through the Pivot, through S1, through S2,

all the way to S3, where it finds some support.

[JFR]

ES 5 minutes.

Sharp move down at 530.

Support at S3.

[Cobra]

Members only update at 10:02 am
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

EMA20 now is the bear's last chance to make a 2nd leg down. Strong breakout here then bears are over again. So far the market still is in buy any dips mode.

[Cobra]

Members only update at 12:13 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[JFR]

ES 5 minutes.

Support level, Pivot S3, holding the day so far, for the bulls.

Bears want more action down. Bulls holding on for dear life.

[JFR]

ES 5 minutes.

No gap fill today.

A "Stun Gun," as one "guru" called it. Gap then flat.

[JFR]

ANF. Abercrombie and Fitch.

Even on a down day, some stocks are swimming upstream, against the current.

I posted this one on here last April.

[Cobra]

Members only update at 3:37 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

A down from open to close day has been rare so the current sharp rebound is normal. The key is tomorrow, whether fox the 6th time the day after a big down day is again followed by a big up!

[Cobra]

Members only update at 3:51 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

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