Cobra's Market View

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The pullback overnight probably will be bought somewhere.

On Balance volume dropping since yesterday high. Guessing the full impact of the inflation and interest rate cost of the war is starting to be factored in.

Solid looking channel so far.

So far looks like a downtrend day.

Double bottom or not, wait and see.

Strong rebound, maybe the low was in for today?

SPY 5 minutes.

The bulls wake up.

SPY 15 minutes.

Mostly up the last 3 days.

...........

But some bad news, of which there is plenty, gave a quick temporary retreat.

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