01/05/2024 Market Recap

Cobra

01/05/2024 Market Recap $SPY $SPX $ES_F
http://bbs.cobrasmarketview.com/viewtopic.php?t=6093

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The weekend update starts here:
http://bbs.cobrasmarketview.com/viewtopic.php?p=318275#p318275

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$AAII bull - $AAII bear up a notch, close but not extreme yet
http://bbs.cobrasmarketview.com/viewtopic.php?p=318279#p318279

Cobra

$AAPL, beware of double top (red arrows) here. I say, 50% chances. Betting on double top now might be a little late as the initial target is the blue line below while the logic stop loss would be the all time high therefore the risk reward ratio is 1
http://bbs.cobrasmarketview.com/viewtopic.php?p=318280#p318280

Cobra

$NVDA is in a perfect "breakout would be" pattern
http://bbs.cobrasmarketview.com/viewtopic.php?p=318281#p318281

Cobra

Here's how risk reward ratio is calculated if short $AAPL here.
http://bbs.cobrasmarketview.com/viewtopic.php?p=318282#p318282