02/05/2025 Live Update

[Cobra]

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Maybe an ascending triangle is in the making? If so then bias is up.

[Cobra]

Members only update at 10:16 am
http://www.cobrasmarketview.com/2025/02 ... ay-update/

[Cobra]

We may have the range high and low of the day.

[Cobra]

OK, maybe range high is the yesterday's high.

[JFR]

ES daily.

Moving sideways along the EMA 20.

Eyes on the top.

Higher low. Higher high.

[JFR]

ES 60 minutes.

Testing the 6073 level.

Trying to breakout.

Moving sideways along the line of resistance/support.

[JFR]

ES 5 minutes.

Volatile just after the opening.

Then a range.

A move up.

And now in another range.

Good day for the bulls.

[JFR]

MPLX monthly

Incorporated in 2012. HQ in Findlay, Ohio.

Stock price has been up and up since the year 2020.

A quick check shows good fundamentals, imo. Although its Debt/Equity is high.

Not recommending, just sharing information.

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation. -- Yahoo Finance

[JFR]

ES 5 minutes.

Trying for a breakout.

Back later ...

[Cobra]

Maybe another push up (possibly lower high) then pullback which may not have enough time as close is near.

[Cobra]

Members only update at 3:35 pm
http://www.cobrasmarketview.com/2025/02 ... ay-update/

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2025/02 ... 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