05/15/2025 Live Update

[Cobra]

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Bull flag?

[JFR]

ES daily.

Lower open, high, low and close.

But it is a doji.

Well above the EMA 20 and the trendline.

Resting on strong support.

[JFR]

ES 60 minutes.

Sliding down a bit since midday Wednesday.

Down from R1, through the Pivot, all the way to S2.

And there it finds some support.

[JFR]

ES 5 minutes.

In a trading range, with very strong support and resistance.

Needs to breakout.

[JFR]

Some headlines.

First from MarketWatch and then from CNN.

Recent economic trends point to the possibility that the Federal Reserve will have to grapple with sudden shocks to the supply of goods and commodities in the coming years, which is a difficult challenge for the economy and the central bank, Fed Chair Jerome Powell said Thursday.

Long-term interest rates are a good deal higher than they were in the 10 years after the global financial crisis of 2007-09, Powell noted.

“Higher real rates may also reflect the possibility that inflation could be volatile going forward than in the inter-crisis of the 2010s,” Powell said in a speech at a research conference. -- MarketWatch

[JFR]

The stock index futures and ETFs are down a bit today.

Unless and until ES dips beneath 5840, as seen on the daily chart, it still has eyes on the top. IMO.

[Cobra]

Members only update at 10:00 am
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[Cobra]

It's a morning hourly hollow red.

[JFR]

ES 5 minutes.

Trying for a breakout.

[JFR]

J.P. Morgan.

Founded in 1799. Headquartered in New York, NY.

It continues its climb up the "Wall of Worry."

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate. The CCB segment originates and services mortgage loans. The CIB segment makes markets and services clients across fixed income, foreign exchange, equities, and commodities. The AWM segment provides initial capital investments in products such as mutual funds and capital invested alongside third-party investors. The Corporate segment manages its liquidity, funding, capital, structural interest rate, and foreign exchange risks. The company was founded in 1799 and is headquartered in New York, NY. -- StockCharts

[Trades w 2 Cats]

Overnight and so far today's session is a nothing burger.All those calls haven't gone to zero value yet so you know the market makers are going to pin price until expiration. Monday could be exciting.

[grandeG]

Nice pop thus far. I wonder if it’s going higher and give it all back?

[JFR]

SPY 5 minutes

Can't keep those bulls down.

Chaos ... Buy.

The sky is falling ... Buy

Tariff war ... Buy

Bribes ... Buy

Wars ... Buy

Ha ha. Bulls and carpetbaggers (Civil War) always on the prowl.

Am I bullish? Of course. But I would like to see a stronger bottoming out.

[BullBear52x]

Fear and Greed, ever heard of 90-90-90 rules? haha

FOMO to da moon. this will not sustain, I am beting it down from here.

Swing setup: sell triggered, new sell new box. first thing first. Peace!

[Cobra]

Members only update at 12:01 pm
https://www.cobrasmarketview.com/2025/0 ... ay-update/

[grandeG]

SPY 5 minutes

Can't keep those bulls down.

Chaos ... Buy.

The sky is falling ... Buy

Tariff war ... Buy

Bribes ... Buy

Wars ... Buy

Ha ha. Bulls and carpetbaggers (Civil War) always on the prowl.

Am I bullish? Of course. But I would like to see a stronger bottoming out.


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Yep. Never discount the Bulls. Thanks for the reminder JFR.

[Cobra]

Possible 3 push up so a 2 legged pullback might be due.

[BullBear52x]

They are coming back a little. no bull market until they do. they are only 20% behind and still looking for the bottom. haha peace out!

[BullBear52x]

Sell failed, Oy.......dip will be bought.

[grandeG]

Fear and Greed, ever heard of 90-90-90 rules? haha

FOMO to da moon. this will not sustain, I am beting it down from here.1.PNG

Swing setup: sell triggered, new sell new box. first thing first. Peace!2.PNG

I think that’s a pretty good bet BB!! I’ll be following you on that one.