Cobra's Market View

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So far the pullback looks like a bull flag, at least it's zigzag therefore not a strong one.

Feels top, looks top, but the buyers are just keeping on buy any deeps. inside day, under 38.2% again. will see how strong the bulls can pull it off today.

Dips buying continues. new ATH no problem.

Must be someone said something. This bull shall have legs.

50% chances of double top here.

Looks like a breakout is nice and clean, only INTRADAY reversal can change this, so far, so good.

Personal savings rate at 2.6% today … down from 8.8% just a few years ago. Little scary.

So far doesn't look like it'd be a double top but could be a pullback here first which likely would be bought.

Kind like a 3 push up so here's my guess.

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

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/ ... /533449397

SPY 5 minutes.

Up, up and away.

It's a bird. It's a plane. No, its the stock market hot air baloon. Ha ha.

Play the charts. Forget the news.

F Ford Motor Company.

Nice chart.

Unfortunately, it is losing money.

Who cares? Not the funds. Just buy it.

Play the charts.

JFR wrote: ↑Thu May 28, 2026 3:44 pm SPY 5 minutes.

Up, up and away.

It's a bird. It's a plane. No, its the stock market hot air baloon. Ha ha.

Play the charts. Forget the news.


SPY (6).png

Hopefully it doesn’t turn into the Hindenburg tomorrow. LOL