Cobra's Market View

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The pullback overnight probably will be bought.

Off the road today. Looking like we are going nowhere. Hasn't gotten past Friday's center of gravity. Waiting to see if Jensen's vision to replace all the PCs with AI terminals hooked up to his server farms will excite the market. Ha Ha.

The 2,000 tick view of nothing happening. Pretty solid considering the jump in oil and the hard drop in bonds and bit coin.

The range low is the last Friday's low, now seeking range high which I guess is around the last Friday's high.

This bull shall have legs.

From this morning.
CEO of Exxon says two to three weeks and we essentially run out of oil. He forecasts 150 to 160 for Brent. Then Trump says cutting a peace deal with Hezbollah over the phone, market takes off.

SPY 5 minutea.

Up. Up. Up.

It never rains ...

QQQ daily.

Normal?

I don't think so.

Hand on rip cord.

Party 'til the bomb drops. IMO.

But, of course, day trade the charts.

Consolidation, breakout on the upside is more likely.

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374