Back to www.cobrasmarketview.com

12/12/2024 Live Update

Post Reply
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

12/12/2024 Live Update

Post by Cobra »

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
  • Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
  • Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
  • Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
  • I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to cobra@cobrasmarketview.com.
===============================================================================================================================

Lower high or not, wait and see.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
JFR
Posts: 10722
Joined: Sun Dec 02, 2012 7:24 pm

Re: 12/12/2024 Live Update

Post by JFR »

ES 60 minutes.

Down. Down. Big ups yesterday.

No Man's Land.

2024-12-12_06-06-30.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/12/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/12/2024 Live Update

Post by Cobra »

Bias is up.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/12/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/12/2024 Live Update

Post by Cobra »

Revisiting the day low, let's see whether bulls can make a double bottom.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/12/2024 Live Update

Post by Cobra »

Possible higher low, i.e. the low might be in for today. Not very sure.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Trades w 2 Cats
Posts: 2033
Joined: Tue Dec 15, 2020 3:48 pm

Re: 12/12/2024 Live Update

Post by Trades w 2 Cats »

ES 12-24 (2000 Tick) _ ES 12-24 (1000 Tick) 2024_12_12 (9_42_16 AM).png
Market needs to show us what it is going to do.
Trades w 2 Cats
Posts: 2033
Joined: Tue Dec 15, 2020 3:48 pm

Re: 12/12/2024 Live Update

Post by Trades w 2 Cats »

ES 12-24 (7500 Tick) 2024_12_12 (9_42_38 AM).png
Bigger picture using around 5 minute bars. Could easily continue down on Friday to shake out weak hands. Then happy Monday continue on up for Santa Rally.
Trades w 2 Cats
Posts: 2033
Joined: Tue Dec 15, 2020 3:48 pm

Re: 12/12/2024 Live Update

Post by Trades w 2 Cats »

ES 12-24 (23500 Tick) 2024_12_12 (10_00_46 AM).png
If the market is forming a larger ABC for my alternate wave 4 bottom or not. The end of wave 5 and wave 3 could get us right back to that big gap zone. The FOMC disappointing the market would be a very real possibility for that move. Regardless more volatility means more opportunity trading the fast charts!
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/12/2024 Live Update

Post by Cobra »

Probably more rebound.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Trades w 2 Cats
Posts: 2033
Joined: Tue Dec 15, 2020 3:48 pm

Re: 12/12/2024 Live Update

Post by Trades w 2 Cats »

ES 12-24 (2000 Tick) _ ES 12-24 (1000 Tick) 2024_12_12 (11_21_48 AM).png
Not looking good for the primary, but up market MONDAY COULD SAVE THE COUNT.
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/12/2024 Live Update

Post by Cobra »

Kind of descending triangle so bias is down. The only problem is the close is near so anything could happen.

0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/12/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/12/2024 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60490
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/12/2024 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply