Cobra's Market View

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Rising wedge but may still have rooms to grow so cannot say it's bearish yet.

ES daily.

Trying to breakout above resistance.

In a very wide trading range.

My bias has to be up, but if it continues to fail the breakout attempts, it will turn south, towards the bottom of the range.

ES 60 minutes.

Mostly sideways action.

Some ups and downs.

ES 5 minutes.

Yes, sideways action on the 5 minute as well.

Uncertainty everywhere. Tariffs. Business. Mutual Funds. Stock market players are trying to play it safe and smart. Not much action. Avoiding risk.

ES 5 minutes.

It is trying to breakout at the open.

Be careful. We know that games get played at that time.

And there it is, right back down, testing beneath the EMA 20.

ES 5 minutes.

That's a little stronger. Is it enough? Ha ha. Not too interested. Got some swing trades running, however.

Back later ...

Intraday: same playbook, leaning bullish until then.....

wall of wory? short term momentum is clear, bullish.

weaker than I'd like to see, a trade back inside yesterday's range will put price action into a negative side, buyers can not rest here, look above and fail can and will.

That was quick. haha

Double bottom?

Looking for a reversal? minimum reqiurement, the AD line will have to be negative, not yet atm. Patience, react, and don't predict. Peace!

The pullback probably will be bought.

Probably there's another leg down.

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