Cobra's Market View

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Lower high or not, wait and see, I say 49% chances.

Gap play, Go or no GO?

Breakout or look above and fail, there no two ways about it.

This bull shall have legs. I see early sign of an uptrend day.

Waiting for the third push up.

Not looking very positive for today. Seems like summer slow down has already started. Maybe all the Fed speakers will make it clear that inflation is "Transitory" and zero rates will be back in no time.Ha Ha

> 60% chance sideway market, HOD or LOD will determine the trend, range trade in effect as of now for me.

Double top and double inverse candle, not pretty sign folks.

It's unexpected. This bear shall have legs.

Swing setup: this dip will be bought, not yet trigger. alert, beep beep beep!!!

Gap and no go, now bulls are relying on supports, a trade lower than 38.2% then look out below.

The fastest bottom pattern is illustrated by dashed blue lines.

So far followed the fastest bottom pattern although the pullback was shallower than I thought which actually is a good sign for bulls. Now whether the low was in or not, need decisively break the blue line above to confirm.

SPY 5 minutes.

Lots of action, no progress.

''Much ado about nothing.''

But there are plays to be made on the clean moves.

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