06/29/2018 Live Update

[Al_Dente]

HAPPY HOUR

[Al_Dente]

Week at a glance (~hour before the close)
I ADDED CHINA, lime

Same thing but TWENTY DAYS %

[Cobra]

my guess because the previous rebound (solid blue arrow) was weaker but still 2 legged, so this time the rebound which so far is stronger should be 2 legged too.

[Al_Dente]

New developments on the ROTATION (relative strength) charts

[Daniel]

SPY, QQQ testing support at their 15min 20ema
IWM is well below it, and contemplating finishing in the red unless it reverses soon.

..update: IWM did dip briefly negative.

[Daniel]

July 1 is possibly the most consistently bullish day of the year, by certain metrics. It may be that prices drift down into the formal 'close' of trading-- and then begin to float up in the afterhours.

[Cobra]

wrong guess but volume surge so could be a rebound first in the next couple of bars then we'll see.

[Daniel]

Amazingly, for all the recent volatility, QQQ has traded all day essentially inside its opening first 15min bar.

[Cobra]

members only update at 3:30 pm
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[Cobra]

rebound weak, more down.

[fehro]

SPX nears open gap.. 50d 2717 key for today buckle up… daily's ugly .. look to possible huge down day monday

[Daniel]

SPX.. look to possible huge down day monday

Quite possibly. While first-of-month sessions tend to be bullish, they also tend to be highly directional, with a large percentage of trend days.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[Cobra]

well, guess that's it for today. Monday has been generally bull 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. http://stockcharts.com/public/1684859/tenpp

[fehro]

SPX nears open gap.. 50d 2717 key for today buckle up… daily's ugly .. look to possible huge down day monday

50d .. just 5 more points.. come to papa

[fehro]

SPX.. look to possible huge down day monday

Quite possibly. While first-of-month sessions tend to be bullish, they also tend to be highly directional, with a large percentage of trend days.

possilby

https://www.zerohedge.com/news/2018-06- ... -calendars