Cobra's Market View

Everyone have a great 4th! See you guys Wednesday!!

HAPPY HOUR

XLF breakout high, and two cents away from ATH
(ATH was 5/31/07 at 25.21 intraday …….. better double check me)

Here is the QQQ-100 INTRADAY sorted by the worst performers
Nvidia is supposedly the “most important” of the semiconductors. Can anyone confirm that, with “”proof”” ?

fehro wrote:

fehro wrote:SPX nears downtrend resistance here.. mind the morning gaps.. dabble short 2436ish

looking to gap fill Fri's close 2424ish..

gap still open… QQQ filled it an then some.. UGLY.. testing Thursday's LOD.. not good.. NDX/AAPL looking for a swan dive down on WED.. mind the large gap down

AMZN’s huge sale event next week, july 10-12 is expected to be epic
(they should start frontrunning it this week, no?)
https://www.thestreet.com/story/1420531 ... water.html

fehro wrote:

fehro wrote:

fehro wrote:SPX nears downtrend resistance here.. mind the morning gaps.. dabble short 2436ish

looking to gap fill Fri's close 2424ish..

gap still open… QQQ filled it an then some.. UGLY.. testing Thursday's LOD.. not good.. NDX/AAPL looking for a swan dive down on WED.. mind the large gap down

and add the rest.. to that edge cliff.. fall . some already going .. like FB expanding wedge ,20d/50d look to 142, 200d SMA GOOGL H&S daily.. island top 8 weeks.. . GOOGL "could" gap down huge too

well, guess that's it for today. Wednesday is the only weekday that is bear friendly. 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/tenpp

2426 hit time to hold shorts ?
next key will be 2404/5

Wallstreetrader wrote:2426 hit time to hold shorts ?

that's a pretty green sneaky hammer in the last minute on VXX daily >20d/50d