Cobra's Market View

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Strong rebound, maybe more.

Swing setup: this rip will be sold.

New sell new box, make or break.

SPY 5 minutes.

The bullish move started in the pre-market.

And it continued on for over an hour.

Now forming a messy range.

Thar ain't no quit in them bulls. All aboard? No thanks, I will day trade instead.

internals are ready for a relief rally pull back, but bulls will not roll over and die. need to see price action from here.

Nothing to day, it's a rising wedge with room to grow so not bearish yet.

SPY 5 minutes.

Little breakout.

The bulls are pushing.

Bigger rising wedge, still has room to grow so still not bearish. This is why rising wedge isn't necessarily bearish as it can always turn bigger until near the apex.

LOL, we are never going down again ever. Peace!

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

Spy 5 minutes.

The bears wake up.