Cobra's Market View

Up 1 week, the next week has 54% chances to close up, 77% chances to make a higher high.

So more up.

Thank you Cobra and the Board.
Kudos to BB52x for spotting the IHS, and
kudos to Cobra for your correct 03/28/2026 Weekend Update.
Hard to believe in a week like this one.

We still sit below the “No bull shall pass” line. A series of lower lows and lower highs continues. No need to overcomplicate it. We’re in a down trend and will continue down until that line is broken. Even then. any relief rally above that line could still be suspect. So just keep looking for reversal points on the lower lows.

SPY daily.

Breakdown out of the range in March.

Bulls eagerly looking for a bottom.

Two bullish marubozus recently.

It is still bearish bias, imo, but a tentative one.

The bulls are very active.

Was hoping we might get the report from the "It is What it is Department" this weekend, @BB52x